zinc weekly update edu. pur.last buy gvn 232 abv hit 239 enjoyedd long term---now eys on 238 sustain abv or close abv 2 days thna nxt rally up side 258--70+++ buy on dipsss sl 231 looking big breakout here -- same as copper looks 880++ in near termssLongby kailashcfa330
Gold and its upcoming direction!The relentless surge of gold to a new record high in the opening session of April is being driven by predictions of US interest rate cuts and its appeal as a safe haven asset, currently holding steady at around $2,255. The real driving force behind gold's upward trajectory is the growing belief among investors that the US Federal Reserve will loosen monetary policies. Market watchers are eagerly anticipating an early rate cut by the Fed, possibly in May or June. The recent increase in this precious metal is also fueled by strong buying pressure from central banks worldwide, as they diversify their reserves amid geopolitical risks, domestic inflation, and a weakening US dollar. The consensus is clear: gold thrives in favorable conditions and is poised to continue breaking new records in the near future.by RKarinaUpdated 99102
Latest gold update: Continue to conquer new recordsDear friend, Today, gold ended the trading session with a significant price increase. The precious metal reached a high of around $2330 after touching $2270, gaining $60 in just one day. You may be wondering why gold is rising so strongly. In terms of international market information: Despite better-than-expected US employment data, the global gold price continues to skyrocket, setting new records in weekend trading sessions and marking the third consecutive week of gains. Recently, considering the strength of the economy and inflation data, Federal Reserve Chairman Jerome Powell reiterated the view that the US central bank has time to consider when to cut interest rates for the first time. According to CME FedWatch, traders are currently pricing in a 59% chance of a rate cut in June. Conclusion: Currently, I am very optimistic about the possibility of gold prices reaching $2400 per ounce. In the context of central banks continuing to buy gold to diversify foreign exchange reserves, higher US bond yields or a stronger US dollar will not be obstacles for gold. With the current trend, it is possible for prices to continue rising next week. There is evidence that once it reaches the levelLongby RKarinaUpdated 32
Strong upward trend continues for XAUUSD!Hello everyone, today the price of precious metals has reached a new record high due to the buying activity of central banks in Asia. A new published report reveals that the People's Bank of China has added 160,000 ounces of gold to its reserves in March. Turkey, India, Kazakhstan, and some Eastern European countries have also been purchasing gold this year, leading to a continued rise in prices. Despite expectations of changing interest rates, the recent increase in demand for gold will continue until the end of this year due to hidden supply pressures caused by concerns about economic downturn and ongoing conflicts. The new recovery of gold has only just begun, and it won't be long before Western retail investors jump into the market and drive this precious metal to reach new record levels.by RKarinaUpdated 22
Crude Oil: Bullish Momentum ContinuesCrude Oil (MCX) Current Market Price: Approximately 7005 We have observed a significant bullish trend in crude oil over the past few weeks. Unfortunately, due to certain reasons, we were unable to provide updates during this period. Nevertheless, it is never too late to analyze the market. We remain optimistic about crude oil's prospects today. Crude oil has recently experienced a notable breakout, leading us to believe that it may reach levels of 7260 and 7590 in the coming days. For the time being, we will set our stop-loss at 6670, and upon reaching the levels of 6900-6910, we may consider adding positions. Stay tuned for further updates as the market progresses.Longby iamrk7Updated 3
Where will gold prices go this week?Hello everyone, following last week's upward trend, gold has once again started the second trading session with strong price increases. In the early trading hours, gold briefly reached $2354 but quickly retreated and is currently at $2337, marking a 0.31% increase for the day. In light of escalating tensions, gold's traditional headwinds have failed to impede its upward momentum in the past week. The precious metal has shown steady growth, ending the week with a 5% increase. Looking at gold's recent fluctuations, it is no longer heavily reliant on the direction of the US dollar. Gold is now establishing itself as a global currency and overshadowing traditional pressures, pushing it to new record levels.Longby RKarinaUpdated 35
$BITGET:BTCUSDT Bitcoin is going to close the GAP in Futures CMEBITGET:BTCUSDT Bitcoin is going to close the GAP in Futures CME CME:BTC1! Shortby vieiraes111
Crude Analysis and projection for 05/04/2024 eveningCrude has made the double top and it has rejected from that level. Now if it break 7202 then there is possibility of price trying to fill the gap below. I have consider the candle stick pattern and trend analysis.Shortby skumarinswedenUpdated 5
🔥Gold recent trend analysis✅Gold's trend was weak in early trading today. After falling to test the 2303 support level, it quickly rose strongly and directly surged to the 2353 level before coming under pressure. Today's market conditions are in line with our expectations in the weekly review. The weekly review clearly pointed out that we should look long before going short. We should not blindly chase the increase after waiting for the increase in volume and go short near 2350. At present, the price of gold has dropped sharply to the level of 2318. Are short positions profitable? Although the 2350 short position is still some distance from our short-term target of 2303, the bullish momentum has significantly weakened after the heavy volume increase, and the selling pressure above is relatively large. It is expected that there will be repeated shocks and further declines. It remains to be seen whether it has peaked. The key lies in the support level of 2280-2265 below. If it falls below and closes below this level, there may be room for a fall of US$100-300 in the medium and long term. Judging from the current trend, after gold was under pressure at 2353, it experienced a surge and fell back during the European and American trading hours, and fell below the previous pressure level, suggesting that the short-term market may continue to fall. Today, we should continue to pay attention to the competition near the 5-day line of 2300 below. It fell again under pressure at noon, with the low hitting near the 2318 level. Despite the intraday correction, the overall trend has not changed. The 4-hour Bollinger Bands opened upward, and it is expected that the upward trend will continue after the correction. In the later period, focus on the 2305-2303 support level below, and it is recommended to continue to do long during the callback. On the whole, today's short-term gold operation advice is to focus on longs on callbacks, supplemented by shorts on rebounds. Focus on the resistance range of 2340-2343 at the top and the support range of 2303-2305 at the bottom!by JackBlackwell9
CRUDE oil MCX also sell on every rise till recent high not breakOn Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader7
Gold will continue its upward trendOn April 8, although U.S. economic data continued to suppress interest rate cut expectations last week, there were no other significant catalysts in the news except for changes in Israel-U.S. relations and an increase in risk aversion caused by Israel's air strikes on the Iranian consulate. However, gold still hit new highs repeatedly. Although the non-agricultural data on Friday was negative, gold only fell in the short term, and then steadily rose and rebounded in volume, setting another record high and reaching a new high above $2,330. The large structure is still a bullish trend. From the daily chart, gold is still in an obvious upward trend. The 20-day moving average crosses the 50-day moving average upward to form a golden cross. The MACD indicator is also a golden cross and is far above the 0 axis. This indicates that gold will continue to rise. , will not plummet in the short term. Today, the price fell back to the resistance range of 2300-2310 US dollars and rose again. The highest point was near 2354 US dollars. This is a perfect upward trend. The current focus is on the resistance range of 2330-2340 US dollars. If the price falls back to this range, you can continue to go long.The profit-taking price above is expected to be in the range of 2375-2385 US dollars. Longby winner-2004Updated 46
Gold buy on deeps!As per the chart, some corrections have been seen around 2352 (which I have posted already) on Gold. So it does. Now buy on deeps around 2310 for the target of 1:2 RR or 1:3 RR. Longby talkingmarkets3
SILVER – Triangle Pattern breakout – 45 – 70% upside potentialSilver has given triangle pattern breakout from 26 resistance levels. Initial target is coming to 30, then 37.5 and 48 (previous All time high). SL: Daily close below 26.Longby skandha19862
GOLD – Cup and Handle breakout - 30% upside potential2040 to 2060 has been a resistance zone for Gold which has been broken now. Very good Cup and Handle pattern breakout also can be seen on weekly timeframe, target is coming to 2500+ and then 3040+. Any fall towards 2100 zone would be a good buying opportunity. SL: Daily close below 2100. Longby skandha19860
Copper MCX Future Weekly Chart Analysis 08-12 April📊 COPPER 28 MAR WEEKLY FUT LEVELS 🎯 Weekly Range: 42.55 📉 Buy at: 788.15 🎯 Buy Target 1: 827.70 🎯 Buy Target 2: 843.95 📉 Average Position: 783.13 🛑 Buyer Stoploss: 773.97 📉 Sell at: 778.10 🎯 Sell Target 1: 775.10 🎯 Sell Target 2: 758.85 🛑 Seller Stoploss: 792.28 by NumroTrader112
crude oil intraday levels for tradingMCX:CRUDEOIL1! watch crude below 7155 for short trade till 7102 zoneby ajinkyadiwakar717116
GOLD NEXT MOVE(trend continuation with a correction)(03-04-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (03-04-2024) Current price- 2272 "if Price stay above 2252, then next target is 2286 and 2300 and below that 2230. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 9967
GOLD NEXT MOVE (bulls are in upper hand )(02-04-2024) Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (02-04-2024) Current price- 2264 "if Price stay above 2248, then next target is 2284 and 2300 and below that 2230. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.Longby AnupZiddiUpdated 2251
GOLD NEXT MOVE (bulls are cheering: watching ATH )(01-04-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (01-04-2024)) Current price- 2255 "if Price stay above 2233, then next target is 2280 and 2300 and below that 2204. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.Longby AnupZiddiUpdated 4442
GOLD WEEKLY ANALYSIS (April 01- April-05)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the week (April 01- April-05) Current price- 2233 "if Price stay above 2195 then next target is 2250 and 2280 and above that 2310. "if Price stay below 2195 then next target is 2170 and 2152 and below that 2110. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 5567
natural gas intraday levelsMCX:NATURALGAS1! down targets for natural gas todayby ajinkyadiwakar717112
📊 SILVER 29 APR WEEKLY CHART FUT LEVELS FOR 8-12 APRIL 📊 SILVER 29 APR WEEKLY FUT LEVELS 🎯 Weekly Range: 6020.00 📉 Buy at: 78730.36 🎯 Buy Target 1: 84583.36 🎯 Buy Target 2: 86883.00 📉 Average Position: 78020.00 🛑 Buyer Stoploss: 76723.69 📉 Sell at: 77309.64 🎯 Sell Target 1: 77142.64 🎯 Sell Target 2: 74843.00 🛑 Seller Stoploss: 79316.31 by NumroTrader4
Gold MCX Future Weekly Analysis 08-12 April Also For Options📊 GOLD 05 APR WEEKLY FUT LEVELS 🎯 Weekly Range: 2636.00 📉 Buy at: 69692.05 🎯 Buy Target 1: 72265.05 🎯 Buy Target 2: 73272.00 📉 Average Position: 69381.00 🛑 Buyer Stoploss: 68813.38 📉 Sell at: 69069.95 🎯 Sell Target 1: 69006.95 🎯 Sell Target 2: 68000.00 🛑 Seller Stoploss: 69948.62 by NumroTrader0