gsurya

gsurya Mar 5, 2021

There was an impulsive selling yesterday! The volume is as much as that of decline on 09-Nov-2020, a decline of $88.91 but yesterday the decline is $13.75 only. The bulls may try to liquidate their positions soon. A very high chance of reversal. Nearest price levels on reversal are $1762 and $1778

gsurya Updated  Nov 20, 2020

Gold has tested it's support at 1860 twice today. I expect consolidation for few more hours and price moving towards my first target of 1879.29 and, second target of 1887.90

gsurya Updated  Nov 16, 2020

Yesterday, Gold was rejected in the Strong resistance zone (1896.59-1895.97). If the price gets rejected again in the area then the gold price will decline to 1869.94

gsurya Updated  Nov 9, 2020

This is my first idea. The market on 06-11-2020 was trending upwards and 07-11-2020 was rather quiet as expected. My view is that the price has risen hastily from 1902 level without solid base of buyers. The big players will feel uncomfortable if the tomorrows market shows any sign of weakness and trigger price to the first target of 1919.15 and second target of...