sourabhlowanshi

sourabhlowanshi

With yesterday FED meeting , again Mr. Powell kept the market in confusion, he has not confirm that the rate cut will be there in September or not, however he made a comment that all the things are fine and we are expecting postive signs for a rate cut, all depends on now NFP and upcoming CPI numbers if both come less will then gold will fly to 2500+ level however...

sourabhlowanshi

Now gold return back to a bullish trend now and will remain bullish above 2380 right now gold is in resistance zone and may take a pull back to 2390-2380 zone which will be good opportunity to buy, but since today a very high volatile news so I am representing three critical scenario in which gold can move, this is only to reviewe, but today taking trade might be...

sourabhlowanshi

ETHUSD came to our level of buying now it is moving as per expectation, missed opportunity? No worries now it has made a support of 3200 wait for any correction near 3233-3250 re enter and wait till atleast 3400 as first TP and 3600+ as second TP

sourabhlowanshi

This week will be very volatile and is a great opportunity to buy both gold and silver wait for the levels 2354 and 2311 to buy and hold gold however chances of 2311 is very less but selling gold at these areas will be very dangerous so seak for buy only

sourabhlowanshi

Based on the chart pattern wait for a pull back upto 3250 level then buy it simple trade for a long term trade

sourabhlowanshi

Silver price is in the lower band of bullish flag pattern, I do not understand the reason for falling of gold and silver it's only bull trapping going on what I feel, silver will definitely be very bullish in the coming days, I am buying and holding from here now.

sourabhlowanshi

Now we can take long from here, right time to move inside the gold market keep on buying with small lot only gold main go below 2356 but do not sell now, with micro lot keep buying this opportunity will not come again

sourabhlowanshi

Now gold is back on to the track, any fall will give a good opportunity to buy today, the best buying zone is 2379-2366 area if we get gold at this discounted price then yes, it will be the best life time opportunity for gold to hold till 2500+.

sourabhlowanshi

A lots of political drama is going on and due to which gold came down this week but still our 2510 level breaching is pending, on daily chart gold has retracted back to 50% fib zone, now on Monday, if gold stay above 2395 level than we can proceed to buy keeping SL of 2390 level and target of 2510 for next week, next week is very crucial as we are closing towards...

sourabhlowanshi

Now hereit is, the great silver giving you atmost best opportunity to buy from these level and our target for long term is target 1 34 doller and target 2 is 48 doller till December 2024,there is no any critical news which is bringing down the commodities, these are only rumers due to election in US and only a squesing effect, both gold and silver are now giving...

sourabhlowanshi

Now gold is coming to test our zone 2500-2510 here we can open our short position which shall be positional, remember to take only micro or small lot because the sl to be maintain as 2560 as due to huge volatility we can not wonder if gold may go beyond 2560 as well to this is a risky trade anyway, so proper money management is needed here.

sourabhlowanshi

Gold will manipulate in upcoming days, due to global news and global drama, this is the area where most of the retail trader will be going to get trapped brutally , most probability is the liquidity capturing area of concern the region where trapping will be possible are 2510-2495 can take a sell position and buy shall be plan near 2260-2190 zone, please avoide buying now

sourabhlowanshi

58-59k area will provide a good selling opportunity, I will wait for this price to take a sell entry, BTC IS Running in a downtrend channel and bounced after touching the lower band of this channel, right now it is faceing resistance in the mid portion, however it will move up further to take a 50-61% fib zone.

sourabhlowanshi

As per our earlier analysis BTC is falling down and I am waiting for 40k-45k level from where we can take a long entry, technical analysis shows that BTC will come upto 49k level definitely, but now selling is risky, minor pull back will happen in this path which will be 2k to 3k moves so selling and buying will be very risky at this stage wait for the level to come

sourabhlowanshi

A small further drop in DXY is possible however with the global circumstances and the chart pattern I am looking a upcoming big move in DXY on daily chart, and if DXY will move high then the rible pair will dump , today NFP data is there, and all major currencies pair are at there high and near to resistance area, so at this stage, avoide to make any long position...

sourabhlowanshi

Gold is showing some short of balancing right now and getting stabilisation, so now better to avoid selling in gold, if it want fall then it would fall in past week but now it is no longer in selling mode, even it is making a bullish continuous pattern and if gold will come again to 2305-2300 level then it would a best opportunity to sit in long position, this...

sourabhlowanshi

From year 1971 to 2024 GBPUSD is dropping on yearly basis, now it is under consolidation phase from last 5-6 years getting stabilisation in a range between 1.40 to 1.10 , during this stabilisation perion of time which may extend upto more than few more years, what I feel is GBPUSD may give a potential break out or break down if it breaks above 1.40 then a 50000...

sourabhlowanshi

GBPJPY is right now moving in an ascending triangle pattern which means there is still a lot more potential to move upside, and my long term target is 222 let see best buy zone is nearly 202.500 keeping and sl below 201.500