Dear friends, On the daily chart gold closed with a doji candle and this could be a sign that on Monday we see a following red candle. We see that gold is getting a lot of support between 2290 and 2280.If the price closes below these levels we can look for prices around 2264/2254 and maybe even 2240 and after that 2220 but 2264 look more achievable for this week...
Gold price lacks bullish momentum despite staying positive on a weekly basis, after a two-week downtrend. While bearish MACD signals and a steady RSI (14) line suggest a continuation of the metal’s recent sideways performance, a one-month-old falling wedge bullish chart formation keeps the buyers hopeful. It’s worth noting that the 21-SMA resistance of $2,338 will...
Gold is hanging below support and continuously testing the resistance zone at 2322-2326 ..we need to see how people and market react ..
MCX:GOLD1! Gold tp1 2329 Gold Tp2 2335 We looking for buying gold at lord emperor...let's rock
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...
We had a very narrow range movement today. And we can see the price is at support now. Price has formed a descending triangle pattern also. Buy above 21840 with the stop loss of 21790 for the targets 21880, 21940, 22000 and 22060. Sell below 21750 with the stop loss of 21790 for the targets 21710, 21660, 21620 and 21580. Check the live market updates. Hit the...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (09-05-2024) Current price- 2317 "if Price stay below 2327, then next target is 2307 and 2293 and above that 2342. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
15M resistance area. So sell sl maintain. Support resistance bass trading plan.
Gold has been going back and forth recently, with short-term gains reaching a high of 2321 and then falling rapidly. Its trend is still unable to escape the shock pattern, and it is expected to continue to maintain this trend pattern today!. On the daily chart, gold prices continue to fluctuate, with the current price range roughly fluctuating between 2280 and...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (02-05-2024) Current price- 2302 "if Price stay below 2313, then next target is 2292 and 2280 and above that 2328. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
The Green line is marked for breakout, The Red line is marked for breakdown, The Black lines are for the target. Stay tuned, if any levels occur, I will update you in the comment section.
This are major support and resistance(Not Daily).It is too hard to Publish Daily S AND R. Trade carefully. Note: This is only for Learning. Note: There can be conflict because of CRUDEOIL INDIA CHART
The BOSCHLTD1 reached support area ,We have two possibilities: 1.Reversal from S 2.Breaking the Support and reach next S. Note: Educational purpose only.
As we have taken the trade at breakout . Who want to join in this trade could get into trade at this pullback and enter the trade with good risk and reward ratio.
As we can see market is sideways but in downward movementum , making lower lows and lower highs . We should keep patience until we hit sl or target. Keep connected with us 🫶
NSEIX:NIFTY1! GIFT NIFTY once again felt the pressure of sell zone at the top and gave the fall while reacting to buy zones marked in previous post, now we need to follow the next fresh buy sell zones to plan the trades accordingly, if we break the current buy zone, below are the 3 target marked, above current zell zone we may test the next sell zone.