gold bullish pennant found waiting price to reach at resistance zone we will try to place short in gold lets make some money together our target is 2650 if this zonebraks other target will 2600 stay srong with us we update here if any update please mind your money mangement thanks ?
The pullback i expected from the market finally happened & caused a massive sell off in the market The momentum of this move is so strong that i can say that it may even go to higher levels after allowing some recovery in altcoins So don't forget risk management in open positions
As in our previous commantary we booked 300 pips. Well gold is on at verge of resistance of 2670 area. What possiable scanario we have? After the yesterday pull, Market testes the 2655 support area and reteced back now struggling at 2670 piviot point.if H4 closes above 2670 then our eyes will fist at 2690 then 2710. Personally im towrds buy trade waiting for the confirmation. On the other hand if the market rejected from 2670 zone then our last area to remain buy will be 2650-2655 area however, any H4 closes below 2655 we moved towards sell oppourtanities accordingly
For short-term trading, you can trade with specified profit and loss limits. If the level of 0.014447 is broken, you can hold.
In this analysis we are focusing on 1H time frame for finding the upcoming moves and changes in DXY price. Here I'm using base and trendline strategy along with price action. Let's see what happens and which opportunity market will give us. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. This is just my analyze or prediction. #DXY 1H Technical Analysis Expected Move.
Here on Ausdusd price has form a double bottom and is likely to move up so if line 0.64734 break then trader should go for long and expect profit target of 0.65110 and 0.65629 . Use money management
KO is currently in a demand zone forming a double bottom. Nothing wrong with the company although it isn't cheap even after the retracement, but the stock tends to trade at a premium. I would expect this to be a decent entry point for either a swing towards previous high's region or for building/increasing long term position. If you are interested just in a swing trade than a close below 61 would invalidate the trade.
Analysis on NSE:BANKNIFTY There is a strong support at 53350 level if not broken on daily we will see 54300 soon. Disclaimer: I am not SEBI-registered. This is NOT trading advice.
The DAX index recently broke above a long-term resistance over the last 25 years. This breakout might be a **fakeout**, meaning it could reverse soon. **No strong macroeconomic reasons** seem to support this breakout. Long-term channels are usually hard to break without solid fundamentals. Market rallies like this often **retrace back into the channel**. Watch for a possible **reversal or consolidation** in the near term. What are your thoughts on this? Do you think this breakout is sustainable?
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