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...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (07-05-2024) Current price- 2323 "if Price stay below 2338, then next target is 2314 and 2300 and above that 2370. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
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...
Spot gold continued to show an adjustment trend this week due to factors such as profit-taking by bulls and the dissipation of geopolitical risks. The market price continued to fall, reaching the lowest level of 2277.18. Although the closely watched non-agricultural data was bullish for gold, the boost to gold's performance was limited. The price of gold shot up...
2345 Is Going to be the Zone. If Respected Then 2230 Zone or 2265 Zone could be tested in Coming Weeks.. If Broken Then 2395 Zone could be tested in Coming Weeks.. 3 Possible Scenarios Planned Out.. A - Green B - Yellow C - Red In terms of Probability B>C>A This Looks More Likely. Share Your Thoughts in Comments section.
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...
📊 NG MCX Future Technical Chart Analysis for 6 May , 2024 🎯 Range Point: 179.10 🎯 Weekly Range: 11.60 📉 Buy Above: 175.67 📉 Average At: 174.30 🎯 Buy Target 1: 186.27 🎯 Buy Target 2: 190.70 🛑 Buyer Stoploss: 171.80 📉 Sale Below: 172.93 🎯 Sale Target 1: 171.93 🎯 Sale Target 2: 176.80 🛑 Seller Stoploss: 176.80 🙏 Humble Plea: Hey there! Your support is like fuel...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (03-05-2024) Current price- 2298 "if Price stay above 2278, then next target is 2316 and 2328 and below that 2260. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (29-04-2024) Current price- 2336 "if Price stay below 2348, then next target is 2324 and 2312 and above that 2360. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Oil is in downward channel recent price rejected from 79.80 top of the channle expecting it test 78 and 77 if this price action follow through happens mentioned levels possible.
As i predictrd previously about gold . This could be also my best prediction as risk to rewad ratio is very high in this trade. We can see huge downward movementum at tis level.
Gold tested the 2280 support 3x last week, with the lowest hitting a 4-week low of 2277. The gold price held on to the 2280 support following a relatively neutral Powell's Fed announcement and weak US employment data. Since the price has bottomed out near the end of last week, expect the gold price to initiate a rebound in S-T. 1-Hr Chart - The gold price has...
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.
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...
Good Morning Everyone, Here is sharing today's setup for GOLD, and it's purely based on the technical trade.
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.
📊 Silver MCX May Future Weekly Chart Technical Analysis 6-10 May, 2024 🎯 Weekly Movement Point: 81043 🎯 Weekly Range in Points: 2415 📉 Buy Above: 81767 📉 Average At: 81483 🎯 Buy Target 1: 82535 🎯 Buy Target 2: 83458 🛑 Buyer Stoploss: 80962 📉 Sale Below: 81198 🎯 Sale Target 1: 79551 🎯 Sale Target 2: 78628 🛑 Seller Stoploss: 82003 🙏 Humble Plea: Hey there! Your...