VRShaiju

VRShaiju

This is confused dark cloud situation in gold. Let’s be more practical. Gold is choppy and upset a lot of bulls like me. I expect drop till 1555, but not to 1506. These days I am trading with low risk. Let’s match this move with time. I expect 1625 by end of March but we go over 1700 and dropped. My original plan was 1625 to 1480 by end of June. From June to...

VRShaiju Updated 

Welcome to the beautiful world of Bull It's time to officially apply bull passport in Gold. Book a casino, toast money, have samosa & smoke shisha :) Gold stat to make expanding pivot and don't expect a $10-$20 range in here. This is big boys playground. Trading gold with peanuts backed by high leverage will be officially severed fry toast by the end of the...

VRShaiju

Gold back into bullish again. But where will I buy next. 1570 and 1555-60 there are the two critical levels of buy with tight stop loss. Why those two targets? Fundamental Reason Corona Virus cause uncertainty in the economy and stock market react at very late. Let’s say after the 1st quarter of the year China is 2nd largest economy builds upon “cheap...

VRShaiju

Note: This is weekly cycle analysis and not recommended for scalpers or day traders Here I would like to share possible bullish triangle which pointed towards 1630 and 1657 depends on the momentum. However I recommend to take out the profit around 1586 and wait for the retrace. Since we are in a triangle we didnot get 1600 in quicker session. I highly recommend...

VRShaiju

As we know we got the closing price abound 1590 in January. At the 1st two trading days of Feb we lost 40$ of it's value. It means there is no bull in this Month. However if some one interested to buy gold there are certain area that we can choose as most low risk areas. That is 1518 1518 offer a great deal of support by fib confluence and yearly open areas....

VRShaiju Updated 

We have solid bullish pattern on hourly chart. I prefer to buy gold after day close

VRShaiju

Gold still not break above 1563 that is an excellent opportunity to keep buying gold till end of this month. Weekly chart is supportive and not printed a heavy bearish candle followed by a dragon doji last week. I agree that the momentum is very weak either side. This behavior can be considered as distribution phase that slightly heavier to bull side. Most...

VRShaiju

Gold continue its bull momentum in coming weeks. We got high volatility on gold that spoiled many traders accounts last week. Still there is NO structural sign of reversal unless a spinning top on weekly candle. I would like to make a statement here that we entered into a range structure which may last 6 weeks before breakout. I am expecting a triangle bullish...

VRShaiju

Based on my gold trading experience I am looking for target above 1800 on this move. The one I am sharing the most suitable cycle count I see that match with the target 1800. The structure based on Elliot wave rules. I hide previous structural count to simplify the chart. This year I prefer bullish move on gold. Have green pips and enjoy metal trading

VRShaiju

We are ready for next level of bull momentum on gold. I am expecting a very fast move on gold in coming months. We don't need to think of selling at the moment. Let the bull structure complete before thinking of Selling gold. Just buy at your own risk

VRShaiju Updated 

September known to a down month for Gold. However the price action showing that we are not ready to come down. Target to look for weakness 1560 mark for this month. Continue bull after correction. Gold is not ready to SELL.

VRShaiju

I believe the long waited bull on EUR/USD started from yesterday. The initial target shown in the chart. However We can look the target of 1.39 and 1.49 by next two years.

VRShaiju

Yes. It's a Buy Why it's a Buy? It had a multi year breakout. The exhaustion pressure take it to 1530 in no time. Keep buying gold this year. Enjoy the trend and pleasure of C wave HAVE A GOLDEN YEAR

VRShaiju

I was bullish on gold for last four weeks to enter better level for short . We have found a lot of good hands to hold the 50$ drop that happened at the 1st week of March. After a month, conditions are changed. Those good hands are not strong enough to hold this Fat bear PaPPa. PaPPA required a good amount of food to feed his entire kingdom. A very rare...

VRShaiju Updated 

I see some bullish fib combination in this area, which I would like to share with the community. This gives an alert of trend continuation, which may not last more than 1365. Well We are trading below 1300 gives a 50$ non stop bear momentum in last two weeks. For Bullish, I see following patterns 121 harmonic pattern Cypher Bullish Pattern 4th wave channel...

VRShaiju

Good Day..! It been a while I am sharing an idea about gold. This is the very 1st "short term" gold technical analysis in 2019. 2019 is mysterious year for gold. Both bear and bull are in power, hence the momentum will be tiny. We rarely get huge spike in 2019. Technically momentum folded into a triangle's narrow area.So we have to break this triangle to get...

VRShaiju

Gold down from 1360 to 1160 which is 200$ impressive move. According to wave analysis the bear move not completed yet. The current level 1208 offers reversal point. The volatile gold is coming. A dollar below 1123 consider as structural competition of gold. 1176 is the level we have to watch this week when monthly closing approaching. From here the Bear move will...

VRShaiju

A different view on Japanese Yen. 107 is the mark. The reversal of 107 mark break the bearish Trend line which extend to 150 for Yen