Weekly Trade Setups – 24th June to 28th June 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

 

GOLD :

We can see GOLD is in aggressive uptrend as seen above in the price chart.

We will observe buying signals at flip support located at around 1358 to 1347 area.

Waiting for the downward pullback to rejoin the bull rally will be good idea to trade GOLD.

 

SILVER :

SILVER exploded upside from its multiple affected area and closed strong up.

Our views for SILVER turned up to bullish.

We will wait for the downside pullback til around 14.985 area and observe clear buying signals to board the bull rally above.

 

CRUDE OIL :

CRUDE OIL is arrived till its flip resistance of 57.50 $ area , but yet we have not seen any selling pressure at this area.

We will stay away and watch how price behaves here to find further potential opportunity.

Stay connected we will post if any signal arrives.

 

NATURAL GAS :

We got an inside bar in NATURAL GAS as seen in the above price chart.

We can go short if this inside bar breaks below as a trend to be continuation.

We have short views for Natural Gas and any strength till 2.306 to 2.512 would be a short selling opportunity after getting bearish signals.

 

LEAD : 

Lead seems to in mild uptrend and it closed above the multiple affected zone as seen in the above price chart.

Also we got a slight bullish rejection at the affected area which may push the prices above.

 

NICKEL :

Nickel seems to be a mild uptrend as seen in the above price chart.

Buying signals can be found on 1H or 4H time frame at around 12054 area for the short term upside move.

 

Weekly Trade Setups – 17th June to 21st June 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

 

GOLD :

We got bearish rejection in GOLD as seen in the above price chart.

We can expect this bearish pin bar may push the prices down.

But we area extremely bullish on GOLD.

We will observe buying signals at the flip support 1310 to 1302 to rejoin the uptrend.

Wait for the buying signals at around 1310 to 1302 to connect with the powerful uptrend for GOLD.

Stay connected for next post for GOLD.

SILVER :

Earlier we found bearish rejection in SILVER on 5th June and it was failed as seen in the above price chart.

But again at the same multiple affected location we got clear bearish rejection on Friday as shown above.

For high probability of bearish fall from here we will observe bearish pin bar on 1h or 4H time frame to take short entry for SILVER.

But remember We got big length form downward side which might be a change of the trend. So early exit should be preferred if entered short.

Stay connected for next updates on SILVER.

 

CRUDE OIL :

Aggressive downtrend can be seen in the above price chart of CRUDE OIL as shown above.

We are so eager to see the strength to find sell signals at the recent flip resistance located at around 57.52 $ area.

We are in a mood to rejoin to bearish trend for CRUDE OIL after a healthy upside pullback.

Selling signals can be observed at around 57.57 $ to 60.68 $ area to enjoy bearish fall.

Stay connected for next post on CRUDE OIL.

 

NATURAL GAS :

We are waiting for a good upside pullback till around 2.441 to 2.512 area to participate in a strong downtrend for Natural Gas.

We will immediately post if any potential signals arrives.

Stay connected.

Weekly Trade Setups – 10th June to 14th June 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

GOLD :

We are waiting eagerly for downside pullback to rejoin the bullish trend for GOLD as shown above.

Any buying signal found at 1310 to 1302 would be a strong buying opportunity for GOLD.

Wait for confirm buy signal at its potential flip support area starting from 1310 to 1302 area.

We will post immediately as the signal arrives.

 

SILVER :

Last week we traded SILVER in short selling as the bearish rejection was so aggressive.

We stopped out for SILVER .

Now we will observe how price folds here at the arrived multiple affected zone for next trade setup.

Stay updated for next post for SILVER.

 

CRUDE OIL :

We can clearly see CRUDE Oil is trending downside as seen in the above price chart.

We area waiting for the healthy upside pullback till 57.52 $ to rejoin the bearish rally.

Any bearish rejection found at flip resistance 57.52 $ would be a strong selling opportunity for CRUDE OIL.

 

NATURAL GAS :

Price closed below the recent support of 2.441 as seen in the above price chart.

Also Inside bar is formed in Natural Gas as shown above.

Flip resistance area to find short selling signals is seen at 2.441 to 2.512 area.

Wait for the clear short selling signal at the above mention location to enjoy bearish rally down.

 

LEAD :

Price respected the flip resistance of around 1892 area and started falling aggressively as shown in the price chart above.

Bearish rejections can be found on 1H or 4H or daily time frame till 1892 area to board the bearish rally down.

 

ZINC :

We were waiting for the ideal upside pullback for ZINC.

Price is so aggressive and without giving healthy pullback it is moving down.

We are still holding our patience for ZINC to get a upside pullback till 2576 to 2645 area to find short selling opportunity.

Any strength starting from 2576 to 2645 area would be a strong short selling opportunity for ZINC .

 

COPPER :

COPPER is seen that it is arrived at the key support level.

No buying symptoms for the bullish counter trade is found.

We will stay away and observe what price creates here.

Whether it breaks the support or generates bullish rejection at the arrive location.

Stay connected for further updates.

Updates for 6th June 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

GOLD :

We have seen big explosion in GOLD from the multiple affected zone as we expected.

Now we are finding a downward pullback till around 1302 area to rejoin the bullish rally ahead.

1302 around area is seen as a strong flip resistance area to catch another bullish rally for Gold.

Any bullish rejection found around 1302 area on IH , 4H or daily time frame would be a strong buying opportunity for gold.

We are eagerly waiting for downward pullback til around 1300 to 1302 area to rejoin the bullish rally for Gold.

Stay connected for next updates .

 

SILVER :

Bearish rejection is clearly seen in the above price chart of Silver.

We can expect a downside fall till around 14.571 area as shown in the above price chart.

The bearish pin bar formed in the Silver can be traded for the target of around 14.571 area.

50 per cent short entry would be preferred as the stop loss is big.

Assuming the stop loss of 15.050 silver can be traded short for the target of around 14.571

 

LEAD :

We got good upside pullback in LEAD as shown in the above price chart.

But we were expecting this upside pullback till its flip resistance area of around 1906.

Before the flip resistance area arrival we got bearish rejection on 5th June.

For more confirmation we will observe bearish rejection in 1H or 4H to trade the bearish pin bar formed for LEAD.

If we get bearish rejection on 1H or 4H time frame then we will trade LEAD on downside for the target of around 1777 with a stop loss of 1884

We can trade LEAD shortside only if we get bearish rejection in 1H or 4H time frame.

 

CRUDE OIL : 

We got good bearish fall as expected in CRUDE oil form the bearish pin bar and Inside bar.

To get another short selling opportunity for Crude Oil , We are waiting eagerly for upside pullback till its flip resistance area seen around at 57.40 $ area.

Stay connected for next updates.

Natural Gas :

 

Click Here to see previous post on Natural Gas.

Finally Natural Gas closed below 2.441 area which may open the downward door for the target of 1.625 area.

Price tested at flip resistance on 4th June and closed down as shown above.

Any pullback starting from 2.441 to 2.512 area would be a strong short opportunity for Natural Gas.

Bearish rejection on 1H or 4 H or Daily time frame can be found to connect with downside fall for Natural gas till the flip resistance level starting from 2.441 to 2.512 area.

Stay connected for further updates.

Weekly Trade Setups – 3rd June to 7th June 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

 

CRUDE OIL :

We got a big downward fall for CRUDE OIL as expected.

Now again to rejoin the bearish fall till 51.18 $ we can observe a upside pullback starting from 57.52 to 80.68 $ area.

Any upside pullback starting from 51.18 to 57.52 $ area would be strong short selling opportunity.

We will post the next post on crude oil shortly.

 

GOLD : 

We got a expected bullish move in GOLD .

We will observe a downside pullback till around 1287 area and observe bullish rejection to rejoin the bullish move ahead.

Any downside pullback starting from 1287 to 1268 area would be strong buying opportunity.

We will update next post on GOLD shortly.

 

Natural Gas :

Natural gas is arrived a t a key support area of around 2,441

Here we have to observe how price price folds here.

If it closes below the key support of 2.441 then it may open the way to huge fall till around 1.625 area.

Stay away , wait and watch how price behaves at the arrived support location.

Stay connected for the next updates.