
Elite_Gold_Mines
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Elite_Gold_Mines

Gold Bullish Overview: Supporting Areas: 3320, 3285 Resistance: 3378, 3400, 3445 Buying Areas: 3320, 3300 Gold has shown support at the 3320 price multiple times and can possible push it upward at this position while the 3378 has turned out be a strong resistance area which market has not been able to break for multiple days. If Market breaks the 3378 area then it will cross 3400 position without any hindranceAchieved 280 pips from 3310 to 3338Achieved 510 pips from 3310 to 3361. Closing this trade because we almost reached our target will publish an updated chart with new levels and zones

Elite_Gold_Mines

ethusd market technical overview: Sell Entry: 3165, 3250 Targets: 2850, 2450, 2150 Support: 2800, 2400, 2100 Resistance: 3170 ethusd market can drop from 3170 position to 2850 to correct itself but to drop further it must break 2800 area. after breaking this area market will drop up to 2450 and at this area market will show strong support at this position. 2400 will try to push market upward but if it fails to do its part then market's next move will be 2100

Elite_Gold_Mines

Ethusd has formed resistance at the area 3080 and is struggling to surpass that position. Currently market is at 3020 which is a perfect sell position as market can retest the lower areas or can drop to correct itself or can change the trend buy breaking the support area 2740. Technical Overiew and Positions: Sell Entry: 3050, 3150 Target: 2740, 2500 Supporting areas are the targets i have set. after hitting my first target i will wait for market to confirm a break out then will enter another trade around 2700. Resistance: 3080, 3200

Elite_Gold_Mines

Gold Technical Overview: Support Areas: 3315, 3285 Buying Areas: 3350, 3330 Targets: 3400, 3450 Resistance: 3370, 3400, 3450 Gold has breakout the bearish trend line and is moving upward. now market is bullish and the buying positions are 3350, 3330. Market can cross 3400 on Moday if it breaks the 3375 position.second buy position 3330 is active now. Targets will be same

Elite_Gold_Mines

BTCUSD Technical Overview: Selling Areas: 118400, 120000 Resistance: 118400 Supporting Areas: 115300, 110500 while the 108000 position is demand zone Breakout Expected: 115300, 110500 Btcusd market has shown resistance at 118400 and from this position it can drop and test the lower areas but the market needs to break the areas of 115300 and 110500 to drop further. there are possiblities than market might touch 120000 before it drops but the chances are low as market has formed double top and can drop any time.still holding on sell targets will be same

Elite_Gold_Mines

Gold Technical Overview: Gold Buying Levels: 3310, 3295 Targets: 3350, 3395 Supporting Areas: 3300, 3285 while the demand lies down to the 3250 Resistance Areas: 3340, 3365, 3395 Gold on h1 candles seems bullish as it has broken the bearish trend line now if market breaks the resistance of 3340 then its next target will be to test the areas 3365. Currently market is bullish as it has previously tested the lower areas of 3285 but got rejected and if tested again will face rejection again. currently there are chances that market might use 3310 position as a support and continue its bullish trend.Target 1: 3350 hit 400 pips achieved from 3310 to 3350closing this target with 630 pips. Market touched 3373

Elite_Gold_Mines

btcusd market can reverse as it seems unable to break the 110500 area and the double top indicates the rejection at the price 110000. now the potential sell areas are 110000 and 109500 as market can drop from these position. For further drop the breakout of 107500 would play a vital role. Market might drop up to the 105000 and bounce back as this area is a bullish potential area. Technical Overview:Potential Sell Areas: 110000, 109500Targets: 107000, 105000Resistance: 110500, 111500Support : 107000, 105000Possible Bearish Breakout: 107000Remember the breakout would play a vital role in forming a bearish trend.

Elite_Gold_Mines

Technical Overview: Long Term and Short term Levels with potential outcomeCurrent Position: 2550Key Areas: Supporting Areas: 2520, 2475Targets: 2600, 2650, 2720End Target on Breakout: 2800Resistance: 2600, 2720after the consolidation of market between 2485 and 2600 ETHUSD is forming upward trend by forming lower lows and higher highs in a bullish parallel trend line. Market has already tested the resistance 2600 already and is now going to test this again. but at this time market seems in a mood to breakout the area and continue the upward trend.Remember 2600 breakout would increases the chances of market hitting out end target 2800Target 1: 2600 hit Target 2: 2550 hitTarget 3: 2720 HITStill holding till i reach the final target 2800

Elite_Gold_Mines

Gold at the moment is dropping and testing the lower areas but at the current positions gold is at the supporting areas which can pump it up. The supporting areas at the moment are 3303, 3275 which has shown support to the Gold previously while the 3250 is a strong bullish level that we take as a demand zone. Currently market is at 3306 which is a support and from this area might might return if not then the second and more strong areas are 3275 and 3250. Market is bullish and can hit a new high soon. due to the news events we have seen a rapid but temporary drop in gold while market is still bullish fundamentally and has maintained it value. Supporting Areas: 3303, 3275, 3250Resistance Areas: 3370, 3400, 3445achieved 430 points from my buy entry from 3303

Elite_Gold_Mines

btcusd pair can drop from the current position as market is showing resistance at 110.5k. market has already dropped from this position earlier if tested again it will drop again. there are two selling areas right now 109500 and 110500. market can drop from 109500 if not then the second selling area will be 110500. for bigger drop market must breakout the area of 107500 and if market does break it by closing the h4 candle below 107500 then it will drop further up to the 105000 or may be more up to the 100k.Sell Entry: 109500, 110500Targets Are: 107500, 105000tp1 hit 107500
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