We are under a tornado!
My mind says buy and my heart says sell but my experience says " NO WAJID" Keep out! at least do not trade this week.
At W1 TF of my chart there are two parallel trend lines in each direction ascending and descending. Price is in between them. To ascend and move it needs to cover 1868-73 and to descend 1803-08
If we see economical effect then banning gold import will increase its demand and decrease supply and when this thing happens then price of the product increase. So this is the fact every one know and thus SHARKS will take advantage of this situation.
For current situation or we may say Intraday, Fibbo H1 is indicating north but again 1828-33 is carrying BB44 mid band Sma200 and fibbo 50% level altogether making a strong resistance. Therefore a HRS at 1828-30 with SL 1835. After this there is no clear direction that what will be the price action for the day. So it is highly advisable not to enter the market with out Stop Loss at any opportunity if spotted.
My mind says buy and my heart says sell but my experience says " NO WAJID" Keep out! at least do not trade this week.
At W1 TF of my chart there are two parallel trend lines in each direction ascending and descending. Price is in between them. To ascend and move it needs to cover 1868-73 and to descend 1803-08
If we see economical effect then banning gold import will increase its demand and decrease supply and when this thing happens then price of the product increase. So this is the fact every one know and thus SHARKS will take advantage of this situation.
For current situation or we may say Intraday, Fibbo H1 is indicating north but again 1828-33 is carrying BB44 mid band Sma200 and fibbo 50% level altogether making a strong resistance. Therefore a HRS at 1828-30 with SL 1835. After this there is no clear direction that what will be the price action for the day. So it is highly advisable not to enter the market with out Stop Loss at any opportunity if spotted.