CRUDE Oil testing support levels

• Crude oil is falling back to crucial support levels in 4 Hour time frame.
• 200 Period SMA for this time frame has held for sometime now. If price manage to close below this level bigger falls are possible.

Facebook Range and Resistance level

DAILY CHART

WEEKLY CHART

ONE HOUR CHART

• Facebook weekly chart shows price in a broad range.
• Daily chart shows price moving towards resistance level of 82.17
• Weakness only if price falls back below 80.34 levels.
• Bigger up moves only if price breaks out of the weekly range

Silver testing resistance lines

• Silver 4 Hour chart shows price testing down trend lines.
• 4 Hour cloud too has acted as resistance so far. Silver bulls needs to stay above the cloud for bigger up moves to happen.
• One hour chart shows price trying to move above a range.

NIFTY Diverging Price and Indicator channels

• Nifty Daily chart shows immediate support and resistance levels. Weakness if price stays below 8726 levels.
• 2nd chart shows Diverging price and RSI Channels. This is a negative setup which needs confirmation. Price needs to break below this pattern for this one to work well for bears.
• Another support is the the Rising 100 Day SMA. Attempts by bears to stay below this line has failed so far. Bigger weakness if price stays below this line.

Descending Triangle and support levels of CRUDE OIL

• Crude oil one hour chart shows a descending triangle with a false breakdown.
• 4 Hour chart shows crucial support levels. More weakness if these levels are broken on closing basis.

Descending Channel and Golden ratio of GOLD

• Gold 4 hour chart shows price falling in a channel.
• 4 Hour cloud is the Immediate resistance level in this time frame.
• Price in Daily chart is trying to stay above the golden ratio. If this level is not saved then bigger falls are possible. 

CRUDE Oil bounce analysed

• Weekly chart shows the bounce of crude oil loosing strength even before reaching 23.6% Fib level.
• Daily chart shows price in a range
• Price continues to stay below daily cloud. More strength only if price is able to stay above the cloud.