Gold Analysis 09-Mar-2016

11-Mar-2016 7:18 AM IST

09-Mar-2016 8:08 AM IST

CMP 1254.26

Support: 1250
Resistances: 1279/1282

Previous Analysis:
http://rajmarketresearchanalysis.blogspot.in/2016/03/gold-analysis-03-mar-2016.html

As long Gold resisted by 1282, I expect to see more down fall in Gold.
Targets: 1251-1247, 1236, 1227, 1219, 1203, 1190, 1155.

Trade Idea: Sell Gold at cmp 1254 or on rise, Small SL 1266, Max SL 1283 for the above targets.

This analysis is for study purpose only.
Read Disclaimer always before taking any trading decision.
All the best.

Gold Analysis 15-Feb-2016

CMP 1227.xx
Resistances: 1246/1264
Supports: 1057/1047

As per my chart,if Gold resisted by 1246/1264, I expect to see 1214, 1185, 1161, 1138....

Trade Idea:
Sell Gold at CMP 1227 or on rise with max sl 1246/1264 for 1214, 1185, 1166/1161, 1138/1134.

All the best.

Read Disclaimer always before taking any trade decision.

Thanks.

Positoal Views of COMEX/NYMEX 21/22-Nov-2015

Gold 1077.14

Resistance: 1192$
Downside targets: 1065, 1031, 995, 969, 933, 903.
I expect Break of 1064 next fall.

Silver 14.14

Still my previous original view is in place.
http://freecommodityanalysis.blogspot.in/2014/10/comex-silver-view-26-oct-2014.html

Crude 41.57

Resistance: 50.92/61.27$
As long as crude resisted by 45.1/48.35/51$, I still expect to see my downside targets and expecting 40.1 first.
Further targets: 38.1, 36.90, 36.1.
Ultimate targets: 41.24, 31.1, 24.5, 22.1, 21$.

Copper 2.0323

Resistance: 2.4910$
Normal target done. Further targets: 1.9547, 1.8363, 1.6475.

http://freecommodityanalysis.blogspot.in/2014/10/comex-copper-view-13-oct-2014.html

Natural Gas 2.129

Resistances: 2.279/2.425/2.475
First target: 2.053/2.048, Further targets: 1.926, 1.888, 1.850.

Trade at your Risk. READ DISCLAIMER ALWAYS BEFORE TAKING ANY DECISION.
Thanks. All the best.

Silver Analysis 15-June-2015

MCX Silver

CMP 36593.
Supports: 35550/34740/33500.
Resistance 40570.

As of now for any buy max sl can be 34730 strict. If 34730 holds support, I expect to see 37500, 38000, 38500, 39500, 39500. Break of 40570 I expect to see 41500+.

If you notice, Silver reversed two times from 40570 levels (which is above 50% retracement of previous swing low and high). Positionally another down move pending in Silver.

Since Silver is still in complex correction/range bound between 33500-40600 (Nearly 8 months), we need to wait for clear view.

High possibility of Breakout either side this month. Positional traders need to wait for clear breakout.

COMEX SILVER VIEW 26-OCT-2014

NOTE: My next positional targets on the down side are: 13.79, 13.18, 11.30

http://freecommodityanalysis.blogspot.in/2014/10/comex-silver-view-26-oct-2014.html

Gold Positional Analysis 01-Jun-2015

CMP 1189.80.
Supports: 1180/1170/1142
Resistance: 1233

Based on my Daily Chart,
As long as Gold Supported by 1142/1170, I expect to see 1225, 1232, 1244/1247, 1256/1259.

If Gold supported by 1180 I expect to see [1198], 1201, 1203, [1206], 1211, [1219].

Upside targets: [1198], 1201, 1203, [1206], 1211, [1219], 1225/1227, 1232/1234, 1244/1247, 1251, 1256/1259.

Trade Ideas:
1. Buy Gold at cmp 1189.80, SL 1185/1180(max) for [1198], 1201, 1203, [1206], 1211, [1219], 1225/1227, 1232/1234, 1244/1247, 1251, 1256/1259.

2. ADVANCED VIEW: Sell Gold between 1240-1260, SL 1308, TGTs: 1180, 1155, 1134, 1089. 1055. (This view will be updated when Gold reaches here).

TRADE AT YOUR RISK. READ DISCLAIMER BEFORE TAKING DECISION.

Gold Analysis 16-May-2015

CMP 1225
Based on my Weekly Chart, we are in last move on the downside targeting minimum of 1060. Normally, ABC correction will take support at wave 4 of the same degree. The span of Wave 4 lies between 1032-680. I expect Gold will take support at this region.

As long as 1308 resists, I expect to see another down move towards 1060$.

As you can see in the chart, wave 3 ended at 1131.43. Wave 4 at 1307.36. And we have started wave 5 from 1307 level. As per my analysis, we are in 3 wave moves to complete this wave 5 as triangle. Wave 'a' ended at 1142.74 and started wave 'b'.

As long as 1142 supports, I expect to see 1225 (completed), 1244, 1258, 1268-1272.


More closer look of Wave B of Wave 5.

Waves a and b of Wave "B" completed as per my view.
Wave a of wave B at 1224.14, and
Wave b of wave B at 1170.25.

Wave c started from 1170.25. As you know, wave c will have 5 waves.
As long as Gold supported by 1170, I expect to see 1251, 1270.

So, as per the above view, upside targets are: 1225 (completed), 1244, 1251, 1258, 1268-1272.


Wave 3 of Wave c of wave B.

As you can see in the above chart, Wave 3 has done 261.8% and completed at 1218.92.

Started wave 4 correction, made new high at 1227 and dropped to 1210.90.

As per the waves guidelines
Wave 5 is often computed by taking either a 38.2% measure or a 61.8% measure of the distance traveled from the start of wave 1 to the end of wave 3.
If Wave 3 had extended, then there is a high chance for wave 5 to be equal to wave 1.

If you see in the chart, wave 5 made high at 1226.20 exactly 100% of wave 1 but it has not yet taken out the recent high 1227.25.


Trade Ideas:
1. As long as Gold supported by 1178, Buy on Dips can be initiated for 1244, 1251, 1258, 1268-1272.
2. Sell on Rise can be initiated between 1245-1275 with max sl 1308 for 1131, 1070 n more... (Long Term Positional View)

Small Trades:
1. Buy between 1218-1214 or Buy above 1227.5 with max sl 1210 for 1230, 1233, 1235.

COMEX Copper Positional Analysis 10-May-2015

Are we heading north in Copper?

As long as 2.6380/2.4095 supports, I expect to see 3.0420, 3.1530, 3.3520, 3.4690, 3.7900

Gold Analysis Update 30-Apr-2015 - View Given on 29-Apr-2015

30-Apr-2015: 7:38. BUY Call Cancelled. Will udpate my view  later.
High Risk buy can be initiated at cmp 1178.5 with max sl 1173.5$.
 
30-Apr-2015 6:39 PM IST

29-Apr-2015

Original Post: http://rajmarketresearchanalysis.blogspot.in/2015/04/gold-positional-view-29-apr-2015.html

CMP 1210.64
Support: 1140/1174.

As long as Gold Resisted by 1215, I expect to see 1206, 1200, 1196, 1191, 1187 on the downside.

Almost ALL TARGETS DONE. LOW as of now 1187.72.

30-Apr-2015

Gold Positional View 20-Apr-2015

CMP 1199

As per my analysis, we are at the end of down move.

As long as supported by 1139, I expect to see some up side, Resistance 1287. And expecting reversal around 1245-1270 to complete the down move and expecting 1139/1095.

Supports: 1032-679 which is wave 4 of previous up trend. As per my view, Gold will take support in this region.


As per my Daily/H4  charts,

Resistance: 1225
Support:L 1183.
Will update my detailed analysis soon.

Copper Positional Analysis 12-Apr-2015

This is initial view of Positional Analysis of Copper. I am still doing my analysis. Will update once I confirm my view.

THIS IS NOT TRADE IDEA, THIS IS JUST A INITIAL VIEW, NEED TO BE CONFIRMED.

COMEX Copper

LME Copper

MCX Copper

In the above charts, I am able to see 3-3-3-3-3 waves on the last down move. So, As per my view, I expect to see Upside Correction or Impulse Move.

Will update my views as the market moves on.

THIS IS NOT TRADE IDEA, THIS IS JUST A INITIAL VIEW, NEED TO BE CONFIRMED.

Thanks.

Market Research Analysis

From today (25-Mar-2015), I will be posting my analysis on Commodities/Indices/Currency/Stocks/ETFs/Bonds, wherever I find good opportunity for trade.

Enjoy Visiting my blog.


Chinnappa
 ckacraj@yahoo.com
+91-9962180534
Old Blog: http://freecommodityanalysis.blogspot.in
LinkedIn: https://www.linkedin.com/profile/view?id=360069485/

COMEX SILVER VIEW 26-OCT-2014

CMP 17.16.

Based on my monthly chart, If silver restricted by 37.50, I expect Silver to make a down move towards 11.30.

Based on Weekely chart, If silver restricted by 25.05/26.11, I expect 15.41, 13.79-13.18 on the down side.

Based on my Daily Chart, If Silver restricted by 22.15, I expect more down side and expect 16.22, 14.75.

Now, If Silver restricted by 21.57/25.05/26.11/37.50, I expect minimum down side target 16.43.

As long as 21.57 holds resistance, sell on rise is the strategy for targets

16.43, 16.22, 15.41, 14.75, 13.79, 13.18, 11.30.
Strict SL 21.7/22.


ALTERNATE VIEW
What can happen if 16.64 supports and if this move is wave 2 correction?

If wave 2 correction is not over then, we can see 17.78 again and further targets, 18.21, 18.48-18.53, 19.1, 19.62-19.69. Buyers Stop loss can be 16.5.

If you get these upper levels, sell can be initiated with strict SL 21.7/22.


Sellers SL: 21.7/22.00. TGTs: 16.43, 16.22, 15.75, 15.41, 13.79, 13.18, 11.30.
Buyers SL: 16.5/16.40. TGTs: 17.78, 18.21, 18.48-18.53, 19.1, 19.62-19.69.

Trading against the trend is always risky. SELL ON RISE is my STRATEGY.

But I am still bearish and expecting down move below 16.64.

NOTE: ANY MOVE BELOW 16.64, I AM HIGHLY BEARISH AND WE CAN SEE MY DOWN SIDE TARGETS.

GOOD LUCK!!!

PRESENT CHART - 12-MAR-2015

 

Comex Copper View 13-Oct-2014

CMP 3.0248
Resistance: 3.2775/3.5183/3.9790
Supports: 1.4070/1.2475

If Copper Resisted by 3.2775/3.5183/3.9790, I expect minimum 3.9813.

I am bearish below 2.8930. Below 2.8930, I expect 2.8200, 3.6100, 2.4000, 2.0000, 1.7200 positionally.

Historical Data MCX, LME, COMEX, NYMEX

Historical Data Upto 24-September-2014 MT4 format:

http://www.4shared.com/zip/o7QOThPVba/HistoricalData-MT4.html


MCX
Aluminium-2005-10-26
Cardamom-2006-02-14
Copper-2004-06-04
Crude-2005-02-09
Gold-2003-11-10
Lead-2006-03-27
NG-2006-07-10
Nickel-2004-06-03
Silver-2003-11-10
Zinc-2006-03-27


LME
LME_Aluminium-1989-01-03
LME_Copper-1989-01-03
LME_Nickel-1989-01-03
LME_ZINC-1989-01-03
Use XTB Trader


COMEX_Copper_1970-01-05

NYMEX_Crude-1983-03-30
NYMEX_NG-1990-04-03

SPOT_XAGUSD-1970-01-05
SPOT_XAUUSD-1970-01-05
ICM Trader


USDINR-1970-01-02

COMEX Gold View 28-Aug-2014

Based on 1H TF,

If Gold supported by 1279, 1272, I expect up move.

Upside targets are: 1295, [1297], 1302, 1304, [1309], 1320.

COMEX Gold/Spot Gold View 24-July-2014

Positionally, I expect down move as long as 1345/46 resitricts. But now I expect a up move and then a down move.

If Gold supported by 1301, we will see 1315, 1324, 1331, 1336. Buy Gold at CMP, Strict SL 1301.

Reversal from any of these levels, my 1st target is 1292 and other targets are: 1282, 1272, 1265.


Buyers Stop loss 1301 (as per my chart low is 1301.70).
Sellers Stop loss 1346. (as per my chart high is 1345.10).

SL must be calculated as per your chart and it must be above/below of  50 cents/1$.

COMEX GOLD view 11-July-2014

Based on 1H Chart, Swing Low 1240.22 and Swing High 1345.1
If Gold restricted by 1345.1, I expect Gold to make a ABC correction.
Retracement Levels: 1320.48, 1305.11, 1292.74, 1280.36, 1270.98, 1240.22(100%).

Based on my wave calculations, I expect to see minimum targets of 1327.60, 1316.78. Immediate target: 1334.27

Sell with SL 1346. for the above targets.

Repost: COMEX / MCX Gold Positional View (24-June-2014/11-June-2014)

CMP 26170. SL 25900. TGTs 27197, 28086, 28698, 29415, 30495. - See more at: http://freetradingcallss.blogspot.in/2014/06/positoinal-view-of-gold-11-06-2014.html#sthash.niT7CgvF.dpuf

MCX
CMP 26170. SL 25900. TGTs 27197, 28086, 28698, 29415, 30495.


http://freetradingcallss.blogspot.in/2014/06/positoinal-view-of-gold-11-06-2014.html
http://freetradingcallss.blogspot.in/2014/06/gold-view-13-june-2014.html


COMEX
Any reversal from these levels, I expect 1321 first. My upside targets are: 1327, 1336-1339, 1358, 1387.
Long Term Positional Targets: 1431, 1513, 1585...
http://freetradingcallss.blogspot.in/2014/06/spot-gold-long-term-positional-view-24.html

SPOT Gold Update Based on the View given on 27-June-2014

UPDATE: SPOT Gold Update Based on the View given on 27-June-2014
Best Buy entry is between 1311-108. SL 1305/1300.
Targets: 1321-1322, 1325-1326, 1330-1331, 1345-1350, 1355-1357, 1372, 1385.
CMP: 1316.

For any buy, strict SL 1305/1300.

As of now High is 1329.48(XAUUSD)/1329.09 (SPOT)
7:05am: High 1322.77/1332.21

Go to the below link for the analysis:
http://freetradingcallss.blogspot.in/2014/06/spot-gold-positional-view-27-june-2014.html

Best Buy entry is between 1311-108. SL 1305/1300.
Targets: 1321-1322, 1325-1326, 1330-1331, 1345-1350, 1355-1357, 1372, 1385.
CMP: 1316.

For any buy, strict SL 1305/1300. - See more at: http://freetradingcallss.blogspot.in/2014/06/spot-gold-positional-view-27-june-2014.html#sthash.GWltPREE.dpuf