saoraghavendra

saoraghavendra

Gold is bullish near term with respect to the 09 Jun low in the 1-hour time frame and the 15 May low in the 4-hour time frame, As gold has shown 3 3-wave down since 22 Apr, then completed 5 swing up, so near-term gold is bullish and can try to go long from the green box area with SL of 15 May low Entry: 3332-3295 SL: 3260 Target: 3490 For more update, please...

saoraghavendra Updated 

BTC has broken the 31 May low, so the short-term view is bearish. It also made a head and shoulder pattern, which supports the view on the short side. As gold and silver are bullish and DXY (dollar index) bearish, then a flat pattern (5 wave up) mentioned in the chart is also possible In both cases, BTC is short-term bearish Plz Follow me on X for more updates

saoraghavendra

Gold is showing a nice 3-wave pullback, and showing a higher high sequence, as per Elliott wave also an incomplete sequence, also the dollar is showing a bearish sequence. so it can be a good opportunity. selling Gold/silver is BIG NOOOOO Entry 3311 SL: 3245 Target T1:3490 T2: 3540 Plz Follow me on X for more updates

saoraghavendra

Gold is showing a bullish sequence, and the dollar is showing a bearish sequence. With SL of 3245, we can try to long gold if getting any 3-wave pullback, but selling Gold silver is no no Entry: waits for the 3-wave pullback around 3333-3280 level Target is T1 3490, T2: 3540 SL 3245 Plz Follow me on X for more updates

saoraghavendra

From march low, we can see higher high and the sequence is incomplete, so at least two hight ((3)) and ((5)) we can see, to buy blue (5) which will complete ((3)) we can buy 3825-3744 with SL of 3600 also from dec high, the first pullback is corrective 3 back which is a bullish sign (once correction done) Note: this is my view, plz trade as per ur risk

saoraghavendra

this is the updated view of my last post long zone - 2210:2080 SL: 1850 as looking like its doing 1-2-3-4-5, let me know if anyone wants more info or has any doubts in idea, will be happy to answer all query :)

saoraghavendra

Reliance is correcting covid low to the recent high cycle in wave II in long term strong buy zone 2210 - 2080 with SL 1850