mightybullcapital

mightybullcapital May 8, 2023

Price currently ranging in between the resistance at 170.856 & support at 170.185 while also forming possible uptrendline. Now if price closes above the resistance then we can expect price to continue pushing up to the next resistance at 171.950 & if price closes below the support then price might continue to the next support at 169.426.

mightybullcapital May 1, 2023

The price currently retesting a major high at 172.071 from 2022 & showing signs of price rejection finding resistance at that high while the price also formed a support at 171.051 on shorter TF. So if price closes below the support on shorter tf then it might continue pushing down as a pullback to retest the next support or uptrendline at 169.229. But if price...

mightybullcapital Dec 27, 2022

Price after a huge bearish run, formed a small structure with a resistance at 160.984 & support at 160.121. so if price closes above the resistance then it might continue pushing up correcting some of the bearish run to retest 162.267 or all the way to 163.020. And if price respects the resistance & closes below the recent support, then it might continue pushing...

mightybullcapital Nov 23, 2022

So gold currently moving on a downtrend line while facing support at 1727.67 & resistance at 1747.17. now if gold closes below the support then it might continue pushing down while moving in respect to that downtrend line towards the next support at 1705.40. However if you see gold respecting the support and closing above the resistance then it might continue to...

mightybullcapital Nov 21, 2022

Price currently retested a major support at 166.101. after which it faced some price rejection & went up to make some pullback. Now price also has some resistance at 166.668. so if price continues to respect the resistance & closes below the previous low or support, then price might continue pushing down towards next supports at 165.728 or 165.134.

mightybullcapital Nov 18, 2022

Price after a retest on a HTF key zone at 166.873, starting to face some price rejection while facing resistance at 166.873 & support at 166.291. so if price closes below the support, then we can expect price to continue pushing down towards the next key zone at 165.730 or 165.156. Similarly if price closes above the resistance then we can expect price to continue...

mightybullcapital Nov 14, 2022

The price seemingly making another swing low in between the HTF uptrend channel while facing strong support at 163.182 & HTF resistance at 166.256. now if price is to continue pushing down it shouldn't breakout of the HTF resistance. so if price breaks the support while respecting the resistance, then price might continue to push down to the next support zone at...

mightybullcapital Nov 7, 2022

Price while moving in a HTF uptrend channel, facing Major support at 165.119 & resistance at 167.834. Now if price closes below the support then it might continue coming down to make a deeper reversal towards the next key levels at 163.210 or 161.041. Similarly if price closes above the resistance, then it might continue pushing up to retest the previous high at...

mightybullcapital Nov 6, 2022

Price currently moving in an uptrend in LTF while making another swing inside a HTF Downtrend channel. And the price aslo has a resistance at 33039 & support at 31846. now if price closes below the support, then it would make a breakout of the uptrend & price might continue pushing down for another swing low respecting the HTF downtrend channel to come down to the...

mightybullcapital Nov 4, 2022

Price after a retest on a HTF major support zone at 165.058, its currently showing signs of facing support as it formed a double bottoms pattern there followed by some price rejection/bullish momentum while its also facing resistance at 166.257. now if price on a 30m TF closes above the resistance, then we can expect gj to go for some reversal all the way towards...

mightybullcapital Nov 3, 2022

the price after strong bearish run and a HTF bearish engulfing candle close, formed a small structure with some ranging on small TF by facing support at 32041 & resistance at 32234. Now if price makes a break & closes below the recent support in atleast 30m-1hr TF then price might continue its bearish run towards next support at 31719 or all the way to...

mightybullcapital Nov 2, 2022

Price after a retest on HTF resistance, its currently on the pre stage of forming a build up or ranging phase. So wait for the price create more highs & lows forming a proper support and resistance in that ranging phase. After such structure is formed, then we can look for trades on the breakout of such structure anticipating if price could continue moving bullish...

mightybullcapital Nov 2, 2022

The price is currently moving in a downtrend while facing strong resistance at 170.342 & support at 169.392. now if price close above the resistance in atleast 30m TF, then it would be a breakout of the downtrendline and price might continue its HTF bullish run to retest the previous highs at 171.707. However if price closes below the support then it might...

mightybullcapital Oct 30, 2022

US30 currently retesting the HTF downtrendline on a major key level with multiple retests at 33039 which could act as a resistance for the price. And US30 also has a support with multiple major retests at 32212 where price might also come to make some small pullbacks. So if price closes above the resistance, then we can look for long trades & if price closes below...

mightybullcapital Oct 30, 2022

Price facing support at 1639.47 & has a possible resistance at 1659.13. now we can look for long trades if the resistance is broken & we can look for short trades if the support is broken.

mightybullcapital Oct 28, 2022

The price currently moving in an uptrend channel while its also facing support at 31851 & resistance at 32125. Now a breakout of the support could mean a breakout of the uptrend channel. so if price continue to respect the resistance & closes below the support on a 30m TF atleast, then it could continue pushing down to the next support zone at 31612. Similarly if...

mightybullcapital Oct 28, 2022

On our yesterdays daily analysis on gold, we anticipated if price closes below the support zone at 1657.93, then it would continue pushing down to the next HTF support at 1639.58 by breaking out of the uptrend channel that it was moving in. And today the price did the exact same thing which right now we expect the price to continue pushing further down to the HTF...

mightybullcapital Oct 27, 2022

Price currently moving in an uptrend channel & facing recent Support at 1656.61, Resistance at 1667.68. Now if price respects the support & closes above the resistance then it could continue its uptrend channel move to continue pushing up to the next resistance at 1678.98 as shown in chart. However if price respects the recent resistance at 1667.68 & closes below...