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After failing to breakdown the local support of $19.50, the Silver is poised for another upside leg, aiming towards the next important resistance at $22.45.
Silver continues to find buyers at 18.50, and I continue to buy down there for short-term moves. I have also been buying physical silver as well. I think we will eventually break out and above the $21.50 level.
Still following same count for now. Price has been unable to penetrate trend support so far - will re-evaluate if red line is broken.
Corrective 61.8% Fib Retrace + Hidden Bull on both RSI and StochRSI. Watch for break out confirmation above previous local high.
The price of Gold is on the rise ever since the begining of the year. According to the technical picture, the current upside trend is merely a correction to the major downside move coming from the record breaking highs of $1920 (at the end of 2011) to the low levels of $1046 (by the end of 2015). Since most corrections tend to correct at least 38.2% of the major...
Hi there, I believe the gold rally is getting low momentum and its price may drop like stone in water. But as I am a short-term trader I see there in good opportunity to ride last wave heading to a new top. Perhaps I will consider some contracts @ 1345 - 1346 for target @ 1354 and my SL is near 1342. Lets do some calculation: Est. profit = 1354- ((1345+1346)/2)=...
How can we see, NYMEX:CL1! is rising and some indicators show this bullish move. If the trend revert and pull back by 23% this strategy will be invalidated.
Hello everyone! With the market making all time highs, I believe it's time to take a step back and view where the market may go. Right now, the S&P E-mini futures are breaking the all time highs with greater volume from when they were set back in May of 2015. With that in mind, I believe that if the /ES can hold that as support, we're heading higher. If that...
BRAsil > -com a forte queda do dolar , no dia de hoje ele andou dentro de um tunel , amanha certamente ele entrara em uma forte queda . o REAL esta muito valorizado sobre o dolar . esperamos que o indice suba pelo menos 300 PONTOS USA > -with the sharp decline of the dollar, the day he walked inside a tunnel, tomorrow he certainly entered into a sharp decline....
NIFTY Futures managed a sharp pull back after touching the support zones of 8340 odd levels. On the upside targets now remain at 8520 odd levels. Today's Gap low can be an immediate support below it this can be considered for gap filling. Swing upsides now emerge at 8650 odd levels with base continuing to be at 8350
Corn went through a quick run up and an even faster fall back down. Will try to find equilibrium now. One could trade a long futures contract or a long call option. Trading futures involves serious financial risks and are not suitable for all investors. Please seek competent trading advisors before placing any trades.
The index was able to bounce back from the lower Keltner channel this is actually a very good sign. I suspect that the index would go higher to somewhere around 2154.xx I'd suggest not to make a trade as there is a very limited upside.
Look for a short opportunity in Silver/USD for a temporary pullback in the long term rally. Either sell short temporarily or buy on the dip. IF Price breaks above 24, we could potentially break out further upwards.
We are following up with our Long position on the Copper. The copper has been rising as expected and its time to replace our StopLoss level from its original placement to the levels of 2.1500. The Copper is still left with $7 of expected move untill it hits our price target, which is the strong resistance of the Matrix at 2.2630.
Good time to go long, see 123 bottom pattern. Going in a uptrend to retest resistance. Target is at 420'0 on resistance line.