Bank of America Resistance levels

• Bank of america moving towards 200 and 50 Day SMA.
• Daily chart is nearing a death cross this level may act as resistance zone.

GOLD chart analysis

• Gold trying to move up as shown in daily chart. But price has to break above crucial resistance levels in shorter time frames.
• One hour chart shows 200 Hour SMA and Fib levels shown in 4 hour chart may act as resistance levels.
• Positive if price starts to trade above 200 Hour SMA.

EURUSD Chart analysis

• Ugly breakdowns in one hour and four hour charts. But daily time frame is closer to a crucial support zone.

HCL Technologies Nearing 200 SMA

• HCL Nearing its 200 Day SMA.
• Price has been facing stiff resistance at the hourly cloud. Long term trend of the stock can resume only if price gets back above the cloud.
• Weekly chart shows oversold RSI. If price stays above the crucial moving averages an up move is likely.

ES Chart update

• ES one hour chart shows price above the hourly range.
• Weakness only if price falls back into the range.
• Bigger correction if 50 Hour SMA is broken. Hourly consolidation above the range looks bullish a continuation pattern is likely to play out.

SILVER Testing support zone

 

• Silver daily chart shows price below the support zone
• Weekly chart shows price holding on to the support zone. 

CRUDE Oil support and resistance levels

 

• Crude oil 4 hour chart shows crucial support zone. More falls only if this shaded level is broken.
• Immediate resistance at the cloud.
• Bigger bounce unlikely to happen because of the daily resistance zone.