Tag Archives: Gold support and resistance level
Its Time to keep an eye on Gold’s Price action – Here’s why !
By Trading Predator February 7th, 2018 No CommentsFrom Dec 2017 to date, Gold prices gained almost 12% so far. In the current scenario, when we look at the 4h Chart of Gold (International Spot prices), price movements are struck in the range of 1365 – 1325. Based on chart reading we can assume that both Buying and selling pressure is almost symmetric.
Gold Traders – It’s better to wait for a retest or a correction
By Trading Predator October 11th, 2016 No CommentsBeginning of October resulted on sharp sell off in Gold price action. The prime movers of market sentiment are FED, US Elections and Global monetary policy conditions. Rise in interest rates and absence of inflation are negative factors for gold. With FED rate hike prospects gaining strong influence, gold tumbled as a consequence. Price Action
Tata Motors Price action – Downtrend and Momentum Divergence -- May 25, 2018
Insight on Stock price Manipulation in India – Don’t get trapped -- May 23, 2018
Reliance Communications – Insights of Repeating Price action -- May 18, 2018
Natural Gas - Traders should focus on the Short term Uptrend -- May 17, 2018
Canara Bank Price Action – Transition from Trend to Range -- May 15, 2018
Federal Bank Price action - Panic Mindset of Market Participants -- May 11, 2018
ICICI Bank Price action – Focus on the Minor Consolidation -- May 8, 2018
Gold Price Action – Trading near Important Support zone -- May 2, 2018
