Hello everyone, it's RKarina again! Today, gold prices continued their recovery since Monday, with the metal up more than $25 since the start of the new week. Although gold has experienced two consecutive weeks of price declines after a 5-week recovery streak, overall investor sentiment is still optimistic about this precious metal. From chart analysis, we see...
World gold price is currently trading around 2,320 USD. “The recent decline in gold prices that we have seen over the past few weeks may be weakening,” one expert noted. US employment data has weakened the USD, creating an opportunity for world gold prices to increase." According to technical analysis, in the short term, gold's next resistance level is 2,360...
Hello friends! The hesitant movements of the US Dollar (USD) seem to have created enough momentum for the continued uptrend of EUR/USD at the beginning of the week. However, the pair failed to retest or clear the key hurdle at 1.0800 for a fourth straight day of gains. The sideways trend is expected to persist and the pair will soon encounter resistance at 1.0800.
Hello dear traders Today let's explore the price of gold together! Gold recovered slightly after a volatile Friday, trading steady around $2,310 and up 0.34% on the day. In terms of short-term outlook, gold appears to be moving sideways and is still in an accumulation phase with expected swings between $2325 and $2290. Pay attention to the marked points to find...
The chart shows a beautiful and holder break out. Company is releasing its annual results in this week. It will be wise to consider based on the outcome of the results. Do your own risk management.
EUR/USD is trading steady around 1.0750 at the start of the new week after a positive week. Technical analysis suggests that the pair could continue to rise in the near term as the price range widens. US economic data that did not meet expectations weakened the USD's strength on Friday, pushing the EUR/USD exchange rate higher at the end of the week. A further...
The stock has taken a support again on the trendline shown on the charts. and given a reversal. If momentum begins on the upside, this can be a good positional trade with a good risk reward. All levels are mentioned on the charts. This illustration is only my view, not a piece of trading advice in any form. This is only for learning and sharing purposes. All the best.
Hello friends! GBP/USD is struggling to maintain its upward momentum and is trading below 1.2550 during the US session. Earlier in the day, disappointing April jobs reports from the US triggered a USD sell-off, pushing the pair to multi-week highs above 1.2600. However, it failed to hold this level and quickly fell to 1,254. On the other hand, the daily chart...
Add this to watchlist and wait for entry.👁️🗨️ For short term investment ; Leave a " Like If you agree " .👍 . Wait for small retracement & daily candle to close above - "145". Avoid Trade untill ENTRY level. . Entry: 145 target: 168 - 195 sl: 138-128 major stoploss/ support: 960 . . Enter only if market Retrace and Break s "Yellow box" ...
Hi everybody! In the first trading session of the new week, the EUR/USD exchange rate increased to 1.0800 due to the weakening of the US Dollar. The USD faced a significant sell-off after the US Bureau of Labor Statistics (BLS) released a report, showing weak labor demand and a slowdown in wage growth in April. This decline pushed the US Dollar Index (DXY) to a...
Hello everyone, let's take a look at the gold price situation today! Yesterday, the gold market experienced a major fluctuation due to the important event of the Non-Farm report and unemployment rate. Gold went through a period of sharp ups and downs, as the price rose to $2,320 before falling to $2,277, however, gold ultimately remained stable around...
stock : emil trade : long (cash segment) buy @ 230 aobve sl @ 224 target @ 244 note : this information is for education only
Zomato is an Indian multinational restaurant aggregator and food delivery company ready for big rally. Recently they take over some of their competitor. Now Zomato is ready for bi g move ahead of the quarterly results. CMP : 193 SL : 182 TARGET : 200 / 210 / 221
Hello all of you! On Thursday, the EUR/USD pair rebounded to the highs of the recent consolidation period, surpassing the 1.0700 handle. This recovery comes as markets readjust to risk sentiment ahead of the release of the US Nonfarm Payrolls (NFP) report on Friday. Price action has taken place around the 34, 89 EMA, as the market waits for clear momentum to...
Hello everyone, today let's look at the price of gold together! Yesterday, gold fell to a low of 2282 USD. However, gold has now recovered and is fluctuating around 2,300 USD, crossing the EMAs 34 and 89 at a price of about 2,318 USD early on Thursday. The US Federal Reserve (Fed) decided to keep the benchmark interest rate unchanged from 5.25% to 5.5%, which...
Hi everybody! Today, gold prices cooled after initially rising slightly, recovering from key support levels. However, this momentum is limited by lingering expectations of higher interest rates in the US. The metal jumped to $2,300 an ounce in overnight trading, after the US Federal Reserve announced no immediate interest rate hikes, which weakened the dollar and...
Hello everyone, currently the gold price is still fluctuating around 2300 USD and has not changed much compared to previous sessions. This metal is in the process of accumulation, waiting in a narrowing wedge pattern, preparing for a new trend while the market is eagerly awaiting information from the Non-Farm report. A breakthrough will be an important signal for...