Overall Trend is bearish. Before it continues to the next bullish run price will be testing the 1620 area. As currently there is no good risk to reward on the sell-side I will be looking at confirmation of the breakouts for Buy. Buy zone 1: 1680 Buy Zone 2: 1620 Bonds rejected the multi-year resistance on Friday, so we need to have a closer look into DXY as it...
Two Bullish expanding triangles, one broke out at 1797 and the second still in action. Expecting to move the price around 1820, if not the upper trendline. 10 Year 30 Year bonds are testing multi-year resistance and will be rejected eventually.
US10Y is testing multi year resistance. We are expecting to get rejected from here. This supports me to be bullish on Gold. Plan your trade and trade your plan. Always use stoploss and do risk management.
Price is forming a bullish flag. Next target is 1840. Plan your trade and the trade the plan. Please share your thoughts.
Gold is currently trading at 1806. We have a decent support at 1800 area and next level of resistance is at 1820 and 1840. Currently momentum wise DXY is bearish and US10Y is broken a trendline. So we are going having hell of ride .. may be above 1840? US10Y DXY Trade the Plan and Plan the trade. Manage your risks. Enjoy trading..
The chart is self explanatory. Plan your trade and trade the plan.
The chart is self-explanatory. Plan your trade and trade your plan. Manage Risk.
There is a good amount of support at 1790 to 1780 area and expecting gold to rally from here to 1900 area. Chart speaks itself. Long trade: 1790 TP1: 1840 TP2: 1900 if you liked this idea or if you have your own opinion about it, write in the comments. Plan your trade and trade the plan
Long term I am bullish on DVAX. But the market is already topped up and it is crying out for a correction to 6.8 area. There are fundamentals (quite a few in the pipeline) that support the bullish idea but before any bullishness, it needs correction. I have closed my long positions at 10.7 (from 4.5) and waiting for a good entry point. if you liked this...
DXY has broken good support at 98.58 area. Looking bearish on the daily. Levels are drawn on the chart. if you liked this idea or if you have your own opinion about it, write in the comments. Plan your trade and trade the plan