Category Archives: Uncategorized

Buy MCX Gold Recommendation By Trading Mantra 12-Feb-2014

The price touched yesterday the second target of the bullish harmonic AB=CD Pattern at 29200 then rebounded to the downside. The downside move failed to achieve a technical negative signal showing that the pattern achieved the targets. Despite that the technical … Continue reading

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Buy MCX Silver Recommendation By Trading Mantra 12-Feb-2014

The bullish attempts remained limited below 45100 which should be breached to take the price to another bullish wave affected by the bullish harmonic Bat Pattern. Without breaching the referred to level, the overbought signals on Stochastic remain valid. On … Continue reading

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Buy MCX Gold Recommendation By Trading Mantra 10-Feb-2014

The pair managed to rise last week and benefited from the bullish harmonic AB=CD Pattern to move to the upside and reach levels around 50% correction of CD Leg at 28950 as showing on graph. Stabilizing above 28500 is positive … Continue reading

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Buy MCX Gold Recommendation By Trading Mantra 29-Jan-2014

The metal dropped yesterday but remained limited above 29200, as most of the trading remained limited above the first target of the bullish harmonic AB=CD Pattern at 29400 represented in 38.2% correction. Trading above the minor bullish support at 29200 … Continue reading

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Buy MCX Gold Recommendation By Trading Mantra 28-Jan-2014

The price dropped yesterday and is trading again around the harmonic key resistance level as showing on graph, as we notice a technical formation that might be negative if the metal broke 29300– 29200 levels today. Currently, the price is … Continue reading

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Buy MCX Gold Recommendation By Trading Mantra 27-Jan-2014

The metal moved sharply to the upside and managed to breach the first target of the bullish harmonic AB=CD Pattern at 29350 represented in 38.2% correction of CD Leg. The price also touched levels around the minor resistance 50% correction … Continue reading

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Buy MCX Gold Recommendation By Trading Mantra 24-Jan-2014

A long bullish candle was formed yesterday and took the pair above Linear Regression Indicator 34 and above the first target of the bullish harmonic AB=CD Pattern indicating the possibility that the bearish correction might be limited. The price is … Continue reading

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Sell MCX Gold Recommendation By Trading Mantra 22-Jan-2014

The negative divergence on RSI and failing to stabilize above 29400 forces us to think that there might be a bearish correctional move today. Despite that stability above 28900 is positive, but the four-hour interval graph shows the possibility of … Continue reading

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Buy MCX Gold Recommendation By Trading Mantra 20-Jan-2014

The price managed to trade MCX Gold above 29200 indicating further bullishness this week. The expected upside move will result from the bullish harmonic AB=CD Pattern, whereas stability above the first target of it represented in 29200 at 38.2% correction … Continue reading

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Buy MCX Silver Recommendation By Trading Mantra 20-Jan-2014

MCX Silver is currently facing 38.2% correction at 45150 that represents the first target of the bullish harmonic Bat Pattern. Breaching the referred to level might trigger a bullish wave this week in an upside move targeting the second target … Continue reading

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