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.

 

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