GOLD Support levels

 

• Gold one hour and 4 Hour charts near crucial support lines.
• Daily chart is testing 50 Day SMA.
• Holding these levels an up move is possible. Daily close below 50 Day SMA may result in a fall.

Bank of America Bullish Pennant

• BAC Violating the resistance line of the pennant.
• For bulls price has to move above 50 Hour SMA for a possible retest of the recent highs. 

EURUSD violating support levels

 

• EURUSD 4 Hour chart violating 50 period SMA. Closing below this line may give a good trade as it has done in the recent past.
• Last chart shows price moving towards 23.6% Fib level. Falling below this level may give a bigger fall for EURUSD.
• For bulls of EURUSD Need price to close back above 50 period SMA to avoid a fall.
• GLD CHART ANALYSIS

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TESLA Chart analysis

• TESLA Motors shows divergence in daily time frame with RSI. Price has to break below 20 Day SMA for a possible fall towards 50 Day SMA or the channel support line.
• Strength on sustaining above 133.25.
• Weakness below 128.18
• GLD CHART ANALYSIS

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GLD Chart analysis

 

• Gld Daily chart shows price testing 50 Day SMA.
• Weekly chart shows price at 23.6% Fib level.
• Price levels also shows price near previous support level which is acting as resistance. GLD Must break and sustain above these levels for a bigger up move to happen

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COPPER Channel and Support levels

 

• Copper 4 Hour chart shows a channel breakdown.
• Weekly chart shows price near the 2011 lows again. 
• Copper bulls need to take support at the weekly levels shown in second chart and do a breakout above the resistance line for a bigger up move to happen.
• Weekly close below the support lines will extend the fall in copper.

Bharti Airtel Chart analysis before Quarterly results

UPDATED CHART

• Price took support near 20 Day SMA.

CHART-I

• Daily chart with MACD Shows weakness before the results announcement.
• Weekly chart is reacting from the falling resistance line.
• Price testing 20 Day SMA. Sustaining below this level may lead to more weakness. For bulls must protect 20 Day SMA to move higher.

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