In Yesterday trading session we have seen that Gold Tried to Breakout this first resistance but failed now in second attempt if gold able to breakout the first resistance then we can expect good upside move and test towards 1750 is possible after today's data.
Sharing some Key Levels to watch for Gold , In yesterday trading session we have seen good bounce after Inflation Data but still It is under selling pressure ,Let's see if Gold able to hold on Yesterday low or not.
Gold rallied from a renewed 9-month low yesterday. The day began below 1730 at 1725, and the price stayed between 1720-30 before the US session throughout the day. Once the US released its inflation figures, the price dropped to the day-low at 1706 but buying quickly entered the market. The day ended at 1734, with the day-high reaching 1743. Althought gold...
Gold bounded in a tight range yesterday. The trading started at 1741. The price has continued to sink toward the day-low at 1731 throughout the day. The day ended at 1733, traded in a USD 13 range. Since the rapid drop slowed down last Thursday, the price has settled between 1730-50(1) in the previous 48 hours. If the price clears the support at 1730, the...
Gold MCX is Trading around Trendline support as market on the chart, Risk and Reward here looks attractive, Now Selling in the Gold will be seen Once Trades below 50000 Levels on Closing basis.
FOREX GOLD XAUUSD TODAY LEVELS || 13/07/2022 GOLD SIGNALS FOREX LEVELS TODAY TODAY GOLD LEVELS BUY SELL GOLD #forex #gold #xauusd #xauusdsignals #technicalanalysis Mercury Technicals is not an investment advisory service, or a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or...
Fundamental Development: Oil was down on Wednesday morning in Asia while investors looked toward U.S. inflation data that could weaken the market. Brent oil futures inched down 0.01% to $99.47 and crude oil WTI futures edged down 0.13% to $95.72. Investors now await U.S. Consumer price index (CPI) for more clues on the U.S. Federal Reserve’s monetary policy path,...
When price break and close below any well defined boundary below 200 Day Moving Average ( 40 week) then high probability price continue the trend .
Gold hit a new 9-month low yesterday. The day began at 1733; the price briefly touched the day-low at 1722 and the day-high at 1744 early in the Asian session. Throughout the trading day, the price has bounded by 1725-35, with the day ending at 1725. The price has tangled around the critical support of 1730 in the past 72; the trading atmosphere is like when the...
As per my observation, xauusd is in a panic mode and it could short worse than expectations. Local resistance is 1746 and major resistance is 1790 already discussed in my previously Weekly chart as posted below. Trade according to your own research as this is just for educational purposes and not a investing advice.
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Fundamental Development: Oil was down on Tuesday morning in Asia as demand concerns spurred as China discovered cases of highly infectious BA.5 omicron sub-variant. Brent oil futures retreated 1.56% to $105.43 and crude oil WTI futures fell 1.67% to $102.34. “Growing fears of a recession and continued sluggish demand in China is pulling oil prices lower, though...
1722 Big support if we look on Volume Profile , If Hold we can expect some bounce towards 1750-65 from here and if Not then More decline towards 1700. So we can Look for Buy until this level is safe on intraday basis but if breakdown 1722 then we can look for sell.
Gold left me without giving me swing entry.. on daily time frame i also published that idea earlier and moved as it was expected. Now by looking at the momentum i sense 1690 level coming soon.
JSW ENERGY ---- POSITIONAL -----DAILY CHART 1. Lower channel bottom formation support seen around 180 level 2. possible consolidation level 185-200 3. last candle is doji candle possible trend reversal . 4. up trend or trend reversal can confirm after daily candle close above 212 5. stop loss can place bellow 180 level at 175 6. positional target...
Mcx Crude oil has breakout intermediate Trend expect price fall towards 7880 from 8220
Fundamental Development: Oil prices fell on Monday in volatile trade, reversing some gains from the previous session as markets braced for new mass COVID testing in China potentially hitting demand, a worry that outweighed ongoing concerns about tight supply. Brent crude futures fell $1.02, or 1%, to $106.00, after climbing 2.3% on Friday. U.S. West Texas...
Gold gave almost Flat returns in 10 years whereas Bitcoin gave a whopping return in 10 years. Do you believe if Gold is a good investment ?