Silver resist at 50% fibbo n working fine as mentioned before. Currently at current support@38% fibbo n might get reverse if any sudden news came or else it will breaks n go near 23% fibbo.
After hitting daily fiibo resistance at 1978,gold here aliding n could reach to 1940.
Gold touched strong resistance n breaks. If survive this, tgt will be $2020+ or else below $1980,might go to $1944-1930. Let's see.
Gold short term pullback possible, and jump again. But this is a good time to take risk for sellers,but overall buying will be our main objective. Let's see. Current gold support:- 1930-1903 Resistance :- 1965-1975-1990
Gold clearly hitting a milestone, now what. We expect it to touch $1970 to $1980. That red line needs to be taken care off Or else, it will be breaks n also record break could have seen in a decades as gold might be able to recapture $2000. On d point:- gold expected tgt $2080-2160 in early days of coming 2021
Gold getting off some air after making high due to geopolitical tension. It might re touch it's previous support, let see.
Silver after getting lifted by geopolitical tension, arose to 72000,now if it release some air, it might go below here. Keep watching cautiously for any new outcome.
Currently good is overly boomed by geopolitical tension arise, views looks it might release some air before going up again. Let's see. Gold medals ght go below 58300,to tgt 58900-59600-59300. Upside above 58300 we might see jump here.
Gold exhausted last week n oversold conditions apply. Monday market might be gap up n going up as geopolitical tension arise in Israel and palestinian clash. Also technical viewpoint suggest some buying space here. Good luck.
Gold short hits 50% fibbo as expected, now next 15 days is crucial, it obvious if market even breaks more below 1$840-1820-1800-1790..but on Monday we would like to watch dxy moment too, as after months of making high, it shows weekness last Friday if it can be true, we might seen big correction in dxy n good bottom in gold. So what we can expect in gold next...
Silver:- A big sell off if this trendline breaks... , that circle is in watch, if this weekend, closes below that line, we might witness a horrific selling event after long time in silver that might goes below $19-17-15. Weekly fibbo strengthen this possibility. Let's see what happens. Best of luck.
Gold is currently ping pong between a narrow range of falling n supporting trendline. Our finding is gold getting support above $1900-1884, which are good to open buy order, while below $1930-34,we finds good position to short, if above goes, $1940-44-1959 are the tgt. Fed funds rate decision coming this week, n I'm not surprise if fed raise rates. So overall...
Mcx gold on a breaking point. If break n losed below 240,i'll go for huge short. Tgt been signed.
Gold short idea, is that a possibility of selling in gold to $1880 to $1800, yes. Surely yes untill any big global issue arose here.gold just retest it's trendline aafter breaking below it n now I completely focussed on short idea with gold. Here r my upcoming tgt for coming weeks. Gold short tgt :- 1925-1903-1880-1865-1855-1834-1820-1800-1790. If gold sustain...
Gold is on d horizone to make or break. Currently on a verse of penetration zone where market depending on d current data to establish new trend Or following old one. Nfp data on focus. Mcx gold is currently above 61% fibbo n trying to sustain, if manage we might seen $1965-75 soon while if not then will drop below 1930-25 to 1900 n below. In mcx it will be...
My all breakout tgt over achieved, now it's on a verse of correction n I'm hopping on to it. With a small sl, I'm all in with this short idea.
Gold currently on a 61% fibbo n I'm all in with short with a small sl of $1948. Today also a monthly closing occur n I'm hoping it will be red. Let's see untill then. Although my breakout signal works properly but for intraday n this position, I'm selling.
Silver already achieve its upside tgt, now time for correction, I'm on sell-sell-sell. With a small sl.