Manoanjan_Galfaate

Manoanjan_Galfaate

Short

Manoanjan_Galfaate

Long

Manoanjan_Galfaate

Long

Manoanjan_Galfaate

Long

Manoanjan_Galfaate

Short

Manoanjan_Galfaate

Precious metal is looking to reverse from the its meltdown. TP = 1760.000

Manoanjan_Galfaate

The Dow Index is trading at a 4hr bearish zone. Price has broken out of the 2-day range (i.e. 32100 - 31865), thus indicating a potential push to the downside. TP1: 31390 TP 2: 30800

Manoanjan_Galfaate

1. Short - Should the precious metal fail to slice through the 1710.00 critical zone, a reversal at the zone could present a potential short position. - Target = 1680.00 2. Long - Should price break above the 1710.00 resistance, a retest as a support would signal the prescene of bulls thus presenting a long opportunity. - Target = 1759.616

Manoanjan_Galfaate

The Dow Index could be looking to tank given that it is hovering around the 31700 bearish territory and the retest of the 31500 support turned resistance. Target: 30790

Manoanjan_Galfaate

Higher timeframe momentum is bullish. However, price is hovering around the fresh 150.400 supply level. Should price reverse from the bullish trend, this would be an indication of bears looking to take over. A break of the ascending trendline and a retest at the 149.65 level would signal a push to the downside. Target 1: 149.000 ; Target 2: 147.400. However, a...

Manoanjan_Galfaate

Short Opportunity awaits around the 1730 bearish zone

Manoanjan_Galfaate

Overall trend is bullish. Price has broken the 149.200 psychological level and will be looking to retest the structural level (149.200) to find support and might continue pushing to the upside (150.400).

Manoanjan_Galfaate

Potential short position

Manoanjan_Galfaate

Short

Manoanjan_Galfaate

The descending trendline line has been broken, indicating a shift in the short-term (1hr - 45Mins) bearish momentum. Price has managed to gain a foothold above the 31200 psychological level and the bulls are looking to takeover. The intermediate target is 31680, and the broader target is at 32100.

Manoanjan_Galfaate

Short

Manoanjan_Galfaate

Short

Manoanjan_Galfaate

The gains since last week Friday could be a correction in the broad bearish trend. Price has presented a short opportunity at the 1814 resistance level