Hello everyone! Currently, gold prices are trading steady as supportive policy measures and strong business activity data from China have boosted market sentiment and dampened safe-haven demand for investors. against the US dollar, limiting the currency's recent gains.
Furthermore, the stagnant sentiment surrounding US Treasury bond interest rates is also...
CrudeOil important levels to watch are as follows
#Support: 7501
Sell below: 7500 only on 15 minute candle closure below the level.
Target 1: 7460
Target 2: 7410
#Resistance: 7540
Buy Above: 7540 only on 15 minute candle closure Above the level.
Target 1: 7570
Target 2: 7610-7630
#Remember each level will act as a support and resistance...
As you can see that during this decline cycle gold price faced resistance on golden fib zone previously 2 times on daily time frame,
current price is also trading under this golden zone for current retracement phase , watch this zone carefully if daily candle close above this then we can expect good bullish move but if the price failed again to break above this...
The world gold price stood at $1,919, down $6 from the same hour last morning. Precious metals are experiencing a brief technical sell-off amid a lack of supportive information. In addition, the USD and bond yields continued to increase, putting pressure on gold. In the short term, gold continues to be under downward pressure.
Even so, gold has strong support at...
World gold prices this morning increased slightly in the context of the market waiting for further data from the US economy to guide prices. It is expected that the August Consumer Price Index Report will be published on September 13.
The gold market is under technical selling pressure due to a lack of price increase motivation. Recent negative information about...
MCX:NATURALGAS1! ng is moving along with parallel channel currently near important buy level if breaks out of channel and sustains above fresh sell zone then ng can change direction once again.
Gold Price again prods the 200-day Exponential Moving Average (EMA) support, after failing to break the same during late August, within a 2.5-month-old falling wedge bullish chart formation. The sluggish MACD signals and a downward-sloping RSI (14), not oversold, also favor the XAUUSD bears in breaking the 200-EMA support of around $1,910, which in turn will allow...
724 - 726 is the first zone for buying
723 -721 is the second zone for buying
this is when you buy price in two halfs by spiliting quantity
the above fva > fair value area is likely to retest but ive considered the last the two area by considering the confluence of fib 0.5 to 0.7 level which are = with our fva
for resistance we have 744- 746
which is good...
The 200 ma is sloping down which is clear evidence of the downtrend. The 50ma is also below the 200ma further confirming the downtrend. This looks like a bounce in the downtrend. There is a key pivot level which the commodity is approaching now. This will be a good level to sell from a technical perspective.
Hello dear traders.
Gold price today fluctuated up 2.5 USD to 1,922.4 USD/ounce.
The precious metals market was quiet in the first trading session of the week due to the lack of data and events stimulating the market. We need to wait for more inflation data to get more clues about the upcoming direction of the US Federal Reserve (Fed) and then have the next...
Hello dear readers! Are you curious about today's gold price? Today, the price of gold has fluctuated slightly, down 10 USD/ounce to 1,922 USD/ounce compared to yesterday's trading session. Although the USD-Index decreased, it still maintained its position at a high level. In addition, rising US Treasury bond interest rates also contributed to the decline in gold...
Hello dear traders! Happy to share with you about today's market.
EUR price traded between 1.0700 and 1.0750 yesterday. However, it fell to a low of 1.0685 before ending the day at 1.0699 (-0.26%). While the downward momentum lacks momentum, EUR's weakness is still unstable. EUR could continue to weaken today, although key support at 1.0635 is most likely out of...
Hello all of you. Gold price today fluctuated slightly, trading around 1,923 USD/ounce in the first hours of the new week's trading session. The precious metal is maintaining its position nearly equal to last week's closing price.
“The dollar remains well-positioned to move higher and this will pose a challenge for gold.
Therefore, we can see that gold may...
