GOLD Hourly chart analysis

 

• Gold one hour has fallen below the cloud.
• Last chart shows a possible support line. Sustaining above this may give an up move. Breaking below this line on closing basis may confirm the bearish views in the first 2 charts.
• SILVER CHART ANALYSIS

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SILVER Chart update

• Silver continues to get resisted at the cloud and resistance line.
• Last chart shows price moving within a range. Bigger moves only when this range gets resolved.

GBPUSD Channel break and support zone

• GBPUSD 4 Hour chart shows price breaking below the channel.
• Possible support zone at 1.5320 - 40. This chart shows price moving towards the support zone of a broadening pattern.
• Last chart shows 4 Hour cloud getting tested. 4 Hour close below the cloud may result in bigger falls for this pair.

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Blackberry Ascending triangle

• Blackberry weekly chart shows a possible Bullish Ascending triangle pattern.
• Bullishness can only be confirmed on a weekly close above 11.61 levels.
• Price staying above the weekly cloud is also likely to favour bulls in the short term.
• APPLE Sell Signal

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ES Trend update

• ES 4 Hour chart shows price nearing the cloud. Volatility is likely to increase as price test the cloud.
• 2nd chart shows a crucial support resistance zone. Closing below this may confirm weakness in this time frame.
• Bigger weakness can only be seen if price closes  back into the daily cloud. 
• If price stays above the 4 hour cloud new high's are possible.
• Facebook bearish engulfing and Target levels
• CRUDE OIL WEEKEND UPDATE

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INFOSYS Range and MACD Divergence

• First chart shows price contraction. If price respects the up trend line an upper breakout is possible.
• For now though price is inside the range between 2245 - 2336. 
• Last chart shows MACD Histogram Negative Divergence. First Divergence worked beautifully for Bears. Current negative divergence is giving a Sideways correction. Bigger moves may only happen when price moves out of the RANGE.
• CRUDE OIL WEEKEND UPDATE

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NIFTY Chart analysis

• Daily likely to extend the bullish trend.
• Bulls need a close above 8996 level to extend the up trend.
• No weakness seen yet in any time frame.