CASH SEGMENT -> Delivery Based Upmove and Speculative Downmove F&O -> Resistance is Around 250 with Support Around 230.
Fundamentally USD is Going to Be Super Strong because of upcoming positive events for USD which is not good For XAU/Gold
GOLD WEEKLY POSSIBILITY as 4HRS Base you can set your trade plan with stop loss. so enjoy the weeky.
Hello Traders! We see a test of the 2080 resistance level once again. Weekly and daily ranges are marked on the chart. The market is in premium zone on the weekly and Lower High (LH) picture is maintained on the daily. Also, we're in a discount zone on the daily . Hence some retracement to equilibrium and the daily bearish order block (OB) is...
JSW Steel - Daily Chart Consolidating after Breakout Supports 750/740 Target 10/15%
Crude Oil Important short term levels are as follows, #Support= 5880 #Resistance= 5960 Buy above= 5980 only after candle closing. Sell below= 5870 only after candle closing. Follow us for more such educational information and give it a like if you appreciate the idea. Queries will be answered in the comment section.
Crude Sustaining above 6100 Looks good to go long Long Consolidation
Gold if weekly close below 1900$ it would mean a ending pattern with a triple top at 2075 which could mean a multi year highs & a long correction lets wait & see how price unfolds.
Gold prices fell during the midday trading session in the US on Thursday following the better-than-expected ADP employment report, which showed double the expected increase in job numbers. The report pushed the US dollar index up from its overnight low and also raised US bond yields. In the end, August gold dropped by $10.50 to $1,916. The June ADP report in the...
Gann Box and Gan Fann working perfectly on Silver MCX futures. Now Equites are rising in values and Commodties Loosing in values Let See, How Silver os going to perform in near futre. Expecting price below 70k :)
With a clear U-turn from the 100-EMA, Gold price again hits the key support around $1,895 comprising the 200-EMA and an upward-sloping trend line from late November 2022. That said, bearish MACD signals and downbeat RSI join the market’s risk-off mood to offer extra incentives for the XAUUSD bears. With this, the Gold sellers are more likely to take out the $1,895...
Crude Oil. Bullish Case : COT reports JUST Started turning Bullish BUT yet not convincing. Daily and Weekly Momentum turning Bullish. Now if we get a SOLID WEEKLY close above the falling trendline (around 73.75), it could well touch 90 in coming weeks
Crude oil Future ( Next week Contract ) . entry: 5765 target: 5800 / 5830 / 5865 / 5910 stoploss: 5700 . . enter only if market come again from "5810 to 5760". . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below.
Crude oil Future ( Next week Contract ) . For " long " entry: 5950 target: 5970 / 5990 stoploss: 5920 . For " Short" entry: 5900 target: 5855/ 5755 stoploss: 5935 . . enter only if market Breaks " No trade zone " . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below .
Gold prices in Asian trading on Wednesday dropped below the modest gains from the previous day, hovering around the $1,930-$1,931 range or weekly highs. The precious metal traded around $1,924-$1,923, a decrease of less than 0.10% for the day, as traders eagerly awaited the latest monetary policy meeting minutes from the Fed. The Fed has indicated the need for a...
The gold market surged to new highs after the U.S. manufacturing sector contracted for the eighth month in a row in June. The Institute for Supply Management (ISM) manufacturing index dropped to 46%, below the expected 47.2%. This index measures economic growth, with readings above 50% indicating growth. In April, there was a sixth consecutive contraction. As a...
Gold prices ended this week at $1,910, a $17 decrease from the beginning of the week. In June, gold experienced a sharp decline, with spot gold dropping $42.6 and future gold dropping $52.7, marking the worst month since Q3 of last year. Despite briefly dipping below $1,900 this week, gold managed to hold onto this important psychological level and prevent...
BUY - IOC CMP - Rs. 80 Target - 1: Rs. 93 Target - 2: Rs. 107 . . Technicals - 1) Cup and Handle Pattern 2) Targets set using Gann . . Comment: Maximum returns is 33% . . Follow me for more!