Will the yellow metal crossed 1205 or not? This is an important question to invest in precious metal.
The yellow metal is moving between small gain and losses since Monday. Yesterday this metal again showed strong bullish sentiments and the continuation showed today also in early Asian session. The key level for this metal is 1205. Today US Final GDP at 5.30pm can change the direction.
Look at some technical indicators for day trading. SMA100 and 200 are bullish, and…Continue
Strong Bullish sentiments are founded above the price level 1.2835. After a strong selling pressure this pair is likely to rebound here. Technically in d1 graph yesterday candle and the candle closed on Monday are showing that buyers are active now and looking up this pair. The RSI 0f 14 days in d1 graph is also oversold and indicating a correction here.
On the other hand Dollar Index in d1 graph is indicating clear bearish signs and looking for a drope. In daily graph the candle is…Continue
Buy 1222, TP 1235, SL 1218 BOS 1216
Important:EUR:German Ifo Business Climates@1:00pmUSD:New Home Sales@07:00pmCrude Oil Inventories@07:30pm
BOB stands for break out buy and BOS stands for Break out sell.…
After making an hanging man in 4 hourly graph dollar index is coming down slowly, it is just correction not the trend. dollar index is traded above the high of several months. strong bullish sentiments are founded above the price level 84.10.
The yellow metal was under a great selling pressure since and continuation is also expected. it seems that the yellow metal will test 1182 and try to fill the gap, which was shown on the 2nd…Continue