GOLD :: After corrective a-b-c Facing strong resistance near $ 910 to $ 925.. One can short at higher level with strictly stop loss above $ 925 for target of 853/832....
Oil :; Try to find support near last bottom $ 90 .If hold support $ 91/$ 88.88.. Then reach Target in between $ 118 to $ 121 once break $ 107…
1. e2-e4 g8-f6 2. d1-f3 d7-d6 3. d2-d4 e7-e6 4. c1-e3 f8-e7 5. g1-h3 o-o 6. f1-d3 h7-h6 7. d3-e2 b8-c6 8. c2-c3 b7-b6 9. e4-e5 f6-d5 10. f3-g3 d5xe3 11. g3xe3 d6xe5 12. d4xe5 e7-c5 13. e3-e4 c8-b7 14. o-o a8-b8 15. e4-f4 d8-d5 16. f1-d1 c6-d4 17. e2-f3 d4xf3+ 18. f4xf3 d5xe5 19. f3-f4 e5-e2 20. b1-d2 f8-d8 21. b2-b4 c5-e7 22. f4xc7 e2-g4 23. c7-g3 g4-e2 24. g3-e3 e2-h5 25. h3-f4 h5-g4 26. e3-g3 g4-f5 27. d2-f3 e7-d6 28. f3-h4 f5xf4 29. g3xf4 d6xf4 30. d1xd8+ b8xd8 31. g2-g3
Yesterday call of bullish candle and open to close high gave us the range we looked for in the morning update..app.3850-4000 area. This is becoming a traders market where participants are not very keen as of now to carry forward and add to their longs after buying the panic bottoms..profits are being taken on a intraday or a 2-3 days positional basis...I f we take 3800 as the near term bottom , the tops are squeezing downwards from 4600 in july to about 4000 today.The trading range is getting smaller and smaller.A range ..break out/down is imminent and will be fast furious in a few days from now ....Which side ..Take a guess?????? CHEERS.
Yesterday call of bullish candle and open to close high gave us the range we looked for in the morning update..app.3850-4000 area. This is becoming a traders market where participants are not very keen as of now to carry forward and add to their longs after buying the panic bottoms..profits are being taken on a intraday or a 2-3 days positional basis...I f we take 3800 as the near term bottom , the tops are squeezing downwards from 4600 in july to about 4000 today.The trading range is getting smaller and smaller.A range ..break out/down is imminent and will be fast furious in a few days from now ....Which side ..Take a guess?????? CHEERS.
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