boyinjungle

boyinjungle

Gold made a high of 1894 and faced resistance here. This high is caused due to weakness of USD and market will be volatile this week. So we shall see for small trades and enter in trades only when price reaches near strong support or resistance levels. The value zone is bullish trending upwards. The next resistance levels are at 1900-1924 The support levels are...

boyinjungle

Gold made a new high and tested 1844 Today Gold may test the support near 1824 before making high. I suggest to go for buying at this level BUY 1824 SL 1814 TP 1854

boyinjungle

Gold is in uptrend now with value zone seeing to make higher highs. Now the support is near 1825 and resistance 1848. We can make a low near 1822 and go to make new high and test the resistance. See buying only BUY 1824 TP 1848 SL 1812

boyinjungle

Gold made a new low yesterday and is testing the upper boundary of value zone at 1818. If Gold is able to close above this level in 4 hour chart then we can see some bulls. Otherwise we can expect trend reversal when Gold makes low near 1792. There is a strong support at this. To reverse the trend to bullish gold has to make a higher high above 1825. The next...

boyinjungle

Gold is making new lows. Trend is Bearish. But we have strong support at 1800. So we can see some stop loss hunting at this level before Gold rebounds. But dont go for sell at these levels and wait for the right price to buy. I suggest to add BUY at every new low in this level. BUY 1792 SL 1782 TP 1832 BUY 1802 TP 1818 We have trend decider at 1818. The...

boyinjungle

Gold made a new low. Presently it is accumulating between 1830 to 1840 range. The gap between lows is decreasing. This means we can see some buying pressure in coming days once gold falls to a trigger level which i believe is near 1818-1828. I suggest to look for buying opportunities at this level. The support at 1800 is very strong. So we should see a reversal...

boyinjungle

Gold is accumulating now. However trend is bearish as gold made a new low of 1843. Today I feel there will not be much move in levels and gold may accumulate between 1848 and 1858. We can only go for small trades BUY 1844 SL 1838 TP 1854 SELL 1858 SL 1864 TP 1848

boyinjungle

If gold closes above 1858 then it can go high upto 1882 by following the value zone 1 If gold closes below 1848 then it can fall further upto 1790 following value zone 2 So for now I suggest to wait for breakout from the small triangle formed from intersection of both the value zones with confirmation candle in 4 hrs. Here are my ideas BUY STOP 1864 SL 1858 TP...

boyinjungle

Gold is in a strong downtrend. Presently it is ranging within the value zone between 1858 and 1868. Gold may start to trend once it tests the highs at1874 The support is at 1826 and resistance 1874 I suggest to see for short opportunities SELL 1874 SL 1882 TP 1858 BUY 1826 SL 1816 TP 1848

boyinjungle

Gold tested support near 1767. Today gold may move sideways between 1767 and 1778. BUY 1768 SL 1762 TP 1778

boyinjungle

Gold made a breakout from the the zone above 1767 Today gold will test the resistance at 1787 Gold may become bearish after this test SELL 1787 SL 1790 TP 1770

boyinjungle

Gold is in a sideways trend. Gold is testing the upper and lower boundaries of the value zone between 1730 to 1767. Considering the uncertainity in trend I think Gold may make a Double top by testing the 1767 level today. Then we may know about the real trend For now go for buying near support at 1730-1740 and sell near 1760-1770 BUY 1740 SL 1730 TP 1760 SELL...

boyinjungle

Gold made a new low 1727 and also had good buy pressure at this price. Today gold may test support near 1748 and make a high at 1768 BUY 1748 SL 1738 TP 1767

boyinjungle

Gold is in weaker bearish trend. We can make a low of 1730 today after touching 1748 level. SELL 1748 SL 1758 TP 1730

boyinjungle

Gold is Bullish in longterm. But today I see gold will test the lows near 1748. SELL 1766 SL 1776 TP 1748 BUY 1748 SL 1742 TP 1758

boyinjungle

Gold failed to sustain above the 1780 level and did not even attempt to test the 1800. Since gold closed below the bullish channel formed last week now bears are on ride. Gold should test the 1748 and 1730 levels which will also be healthy corrections in Fib. I am still bullish and I suggest to prefer buying BUY 1748 SL 1742 TP 1758 BUY 1730 SL 1722 TP 1748

boyinjungle

Gold is in strong bullish trend. However the gaps between highs is getting low. So we may have sideways movement above 1770 before gold finds next direction. Considering the trend I suggest to go for BUY until Gold tests 1800 level. BUY 1770 SL 1760 TP 1800

boyinjungle

Gold tested the levels of 1730 and failed to sustain above 1700. At 1730 gold formed double top in daily timeframe. This shows the present uncertainity and because of this gold is going back to test the support near 1618. Thus we will have a sideways movement for some time. Gold already made a double bottom near 1618. If gold is able to rebound again then this...