Hello everyone, it's great to see you all again for today's discussion on the price of gold! Currently, gold is trading around $2,145.560 per ounce, an increase of $17,995 per ounce compared to yesterday's price. This upward trend in gold continues today, driven by the expectation of monetary easing in the United States. Gold has strong potential for short-term...
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “We are maintaining our bullish stance for tomorrow as well, but we are not expecting 22600 to be broken tomorrow.” 4mts chart It was another perfect day for the option sellers, mostly the short straddlers. Nifty struck a narrow range today and had no special adventures. Looking at how Nifty50 traded...
The price of gold (XAU/USD) has taken advantage of its recent upward momentum and reached a new record high around $2,152 on Wednesday. This price increase comes amidst expectations of an upcoming change in the Federal Reserve's policy. Comments from Fed Chair Jerome Powell have reinforced these expectations, indicating that the central bank is likely to lower the...
Welcome back to a fresh discussion on the gold price for the upcoming week. In the past week, gold has witnessed an impressive surge, continuously climbing from $2035 to $2088 and maintaining a stable price around $2080 in the early hours of Monday. Looking ahead and building a strategy along with forecasts for this week: A survey involving 14 analysts revealed...
Natural Gas has broken important support zone of 160-165 this week & now trading at 135. Natural gas is approaching its next major support zone of 128-120 CMP is 135 & I'm opening long position in futures. I'll add more position if 125-126 comes. SL would be below 119 Targets I'm expecting are 158 and 167 which was support zone before & now a...
Hello dear friends, let's review the gold prices of the past week and discuss new strategies for the upcoming week with Kevin! During the beginning of the week, gold prices remained relatively stable, mainly moving sideways around the $2030 mark with a resistance level at $2035. However, in the last two days of the week, gold gained strong buying momentum and...
SONACOMS stock analysis Potential breakout opportunity Chart Analysis : SONACOMS is displaying a strong breakout chart , indicating the upward movement in it's stock price. CUP & HANDLE Pattern : The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be...
Hello everyone, let's strategize for the new day with RKarina! It can be observed that yesterday afternoon, the price of gold increased significantly, surpassing the important resistance level at 2035 USD and approaching the level of 2050 USD before stabilizing around the 2045 USD range in the first half of today. In line with this, the core PCE of the United...
The chart shows the price is traveling in a descending parallel channel formation. This time reaching towards the upper levels of the channel. If rejected from the levels of 2044-2052, may be in a downtrend for further sessions. Possible targets are indicated on the charts. This illustration is my personal view only, for learning and sharing purposes, not a piece...
Hello dear friends! What is your prediction for the movement of gold today? Last night, gold briefly touched the $2025 mark before quickly recovering to stabilize around the $2035 range, facing challenges around this resistance level. Due to the narrowing Bollinger Bands, it is predicted that gold will have minimal volatility today, possibly fluctuating between...
Reason for Trade is Elliot third wave and Trendline breakout Strategy Entry price ,stoploss, Target already marked in the chart itself FYI. Guys pls like, follow and share with your friends Thank You and I wish everybody should win.
Watch for a breakout out of the wedge. Can give a 10% move in Silver
The price of spot Gold (XAUUSD) defends the previous day’s rebound from a weekly low despite lacking momentum around $2,035 early Thursday. In doing so, the yellow metal portrays the market’s anxiety ahead of the US Federal Reserve’s (Fed) preferred inflation gauge, namely the US Core Personal Consumption Expenditure (PCE) Price Index. It should be noted that the...
Hey everyone, let's delve into the current gold prices! During the previous trading session, the price of gold remained steady, ranging from $2022 to $2025. Investors are eagerly awaiting fresh economic data from the United States in order to assess the future direction of interest rates as determined by the Federal Reserve (Fed). At the moment, gold finds...
Hello everyone, gold traded relatively calmly today at a high level after breaking out of the previous downtrend. Today, the price of gold was supported by the decline in US Treasury bond yields. As a result, the US dollar (USD) weakened as the US Dollar Index (DXY), which tracks this currency against six other currencies, fell by 0.05%. From the analysis chart:...
As per chart Nasdaq showing reversal from support. It may run to test it's all time high soon.
Dear beloved friends, yesterday's gold trading session was relatively calm with no significant fluctuations. At present, the price is still hovering around $2033 and maintaining support at $2025. In the short and medium term, the upward momentum of gold is still highly regarded. From today's chart, the two main targets for buyers are $2037 and $2041. Regarding...
Hello dear colleagues, what do you think the closing price of gold will be today? Last night, the price of gold decreased despite the sharp decline in the US dollar. Normally, a weaker US dollar would support an increase in the price of gold. However, in the last session, it defied market norms with a decline in the USD due to forecasts showing durable goods...