top reversal formed 4 hour time frame. sell oil 61.90, stop loss 62.30, target 60.80, 60.10 & 59.60
top reversal has been formed in 4 hour time frame. sell oil by 61.90, with 40 pips stop loss 62.30. targets are 60.80, 60.10 & 59.60
professionals start long positions in silver buying. 16:20 and 16:00 are buying levels with stop loss 15.90. while target 1 1650, target2 1670 and target3 16.90 respectivley
gold showing strength in last two week as a reversal. price broker 1265 level that was trendline resistance. take buy entry on retracement for target 1282, 1288 & 1298 with stop loss 1264.
price made high on 26th November, then fall down with increasing volume. 59.02 monthly resistance while still valid and not break the price that high. high probability to go down for 56.80, 56.00 and 55.00
looking buy in eur/nzd, professionals open long positions on eur while nzd is getting weak. so having opportunity for short term buying in eur/nzd
volume also showing supply coming in the market. price going upside for markup to retest trendline with low volume pullback.
funamentlay $index is bullish while gold moved upside due to risk off sentiment but until break above 1290 still it is bearish.