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.

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