CaratTrade

CaratTrade

First Week of June gonna be interesting - Gold is now ready to close it last gap below 1900 that has been left months back.

CaratTrade Updated 

USDJPY bull has now exhausted and its time to start building a stronger support with the retracement of US Dollar expected this week

CaratTrade

As dollar is in Extreme overbought condition there would be a room for metals to make small run to the top. However as silver and gold both has broken its daily chart support. This run to the top should be short live and a weekly close to :XAGUSD 21. level is expected

CaratTrade

This idea will not be liked by many as we all hope it will be a great bull, but chart doesnt cheat, 2 weeks ago we have a good hammer at low on weekly chart , weeks has passed at to date we have failed to break pass the hammer hence shows the market is not ready for a silver squeeze, 8H -20H & Weekly chart has yet to print lower low so basiccally the price would...

CaratTrade Updated 

Heres my level for today, Do proceed with caution as silver need to afloat above 23.5 in order to atttain bullishness Remember we have a Hammer on Gold Weekly Chart Waiting for activation and DXY is shaky as Tappering Hope looking dimmer.

CaratTrade

Silver is poised to print its lower low on its weekly chart, printing this i can confidently says it has found it bottom an ready for the rally up. This week we will be seeing range from 22.50 to 26.00 and what make this week more interesting is the Hammer printed last week on Gold Chart could be catalystic. In Case of a quick run up 28.00 would be the start and...

CaratTrade

its last day of the week , with lacking focus on fundamental data from US today DXY & US10Y would be the market mover, Stronger DXY this Week is expected to continue on Monday. Happy Weekend Guys! Trade Safe