Saturday, June 10, 2017

COMEX: GOLD - Which path are we going to take?

Which path are we going to take in GOLD?
  1.     Triangle formation and fall towards 900?
  2.     Break of 1400, make new high and fall to 900/800/700?
  3.     Break 1400 and go directly towards 1900, 2500, 3000+?

Sunday, May 14, 2017

USDJPY Analysis 14-May-2017


Nifty Analysis 14-May-2017

20-May-2017


CMP: 9427
Res: 9534/55
Sup: 9272/9075

As long as Nifty supported by 9272 and a break of 9534, we can see 9625 n further 9889.

But in Daily n H4 charts, we could see lot of negative divergences. Need to watch. Is the move completed for bigger correction or yet to go?

Levels to Watch: 9272/9534


16-May-2017

Nearing Top. No change in view, can fall at any time.

15-May-2017


14-May-2017

Based on  GCI MT4 data.
Are we ready for bigger correction in Nifty?

Could see negative divergences in 4 hour chart again and again.

My views on ACC, Ashokley, GMRInfra, ALBK 14-May-2017

 ACC


ASHOKLEY


GMRINFRA

ALBK




NOTE: I do not have any positions outstanding in any of the today's recommended shares/commodities either in my or my family members' trading accounts.

Long Term Positional Analysis of EURUSD 14-May-2017


Based on Monthly chart,
Res: 1.1366, 1.1877, 1.4940, 1.6038.
As long as 1.1366 resisted by EURUSD, we can see 0.9455, 0.8888, 0.8489.


Based on Daily chart,
Res: 1.1022/1.1366
Sup: 1.0839/1.0340
EURUSD has done minimum target at 1.1022. If breaks 1.1022, next levels would be 1.1065-1.1097, 1.1124-1.1169, 1.1253-1.1284.
As long 1.1022/1.1366, resists, we can see 1.0340 first.


Based on Hourly Chart,

Res: 1.1022
Sup: 1.0856/1.0839
As long as EURUSD supported by 1.0914 and a break of 1.0934, we can see 1.0940, 1.0952, 1.0964-68.
And if resisted by 1.1022, we will see 1.0839 first.

QUICK LINKS:

GOLD/XAUUSD ANALYSIS JULY 2021

PREVIOUS ANALYSIS https://rajtechanalysis.blogspot.com/2021/06/goldxauusd-analysis-june-2021.html Long term analysis included in the above p...