Technical analysis by SonamiSignal about Stock جواهر: Sell recommendation (5/3/2024)

Dear friends Gold is a good option for investing, but if I want to talk exactly this moment, I have to get your attention to a few tips. 1) The chart of the upward trend of Eliot's waves is completed and is now completing the wave 5 to A, and this is just a small ascending move of only one wave in the 1 -hour timing. 2) The chart is currently involved with white support, but in Eliot's reform process, the return from point 38 % is meaningless. Please look at the average 60 -day (blue) and fibu line 68 % as well as yellow support. If the return from this point is that with these three powerful parameters, it is not out of the question, you can count on a great Target and a profit of 80 to 100 per hundredth of a 60 -day return point. 3) The important point is that if the price of yellow support breaks down, it will definitely be eroded for a while because, as the failure of this strong support is difficult, it is the same. Last Conclusion: Wait for the price to reach the blue and then to break the yellow support. If yellow support breaks up, after a 60 -day crown, it is a strong signal for shopping, and I am sitting in the ambush myself. Be happy and successful and lucrative