After rising for seven consecutive days, the spot Gold price (XAUUSD) witnessed a pullback from an all-time high and closed in the red. That said, the precious metal’s retreat remains intact early Friday as the US Dollar pares weekly losses ahead of the key US employment data, mainly the Nonfarm Payrolls (NFP). Technically, the XAUUSD justified overbought RSI...
We had a volatile day yesterday, with gold prices skyrocketing from 2275 to a new peak of 2305. Today continues to be an important day with news that could trigger a price correction. While gold is not typically a top choice for technical analysis, it is currently approaching the top of the price channel. However, we also know that gold is always a sought-after...
Hello, my notable friends! Today, the price of gold has seen an impressive increase, with spot gold rising by $29.9 to $2,281 per ounce. This significant surge on April 2nd, according to US time, has been driven by the relentless demand for a safe haven amidst escalating tensions in the Middle East. The gold market continues to defy the strength of the US dollar...
Today, gold continued to impress, surpassing the $2,300 mark, a significant achievement even as the US dollar and bond yields both increased pressure. The shortage of gold supply, thanks to central banks around the world actively stockpiling and strong interest from hedge funds, has pushed gold prices to new highs. From a technical perspective, gold continues to...
SILVER CMP 79536 add till 74000 weak below 68000 can go uptp 104000 (9-12 MONTHS)
Oh my goodness, everyone! You won't believe how gold has been shining like a diamond lately! On Wednesday, for the seventh consecutive day, gold (XAU/USD) reached an all-time high of around $2,282. Isn't that incredible? With all the drama unfolding - from the heartbreaking conflict between Russia and Ukraine to the simmering tensions in the Middle East, not to...
On weekly chart Crude is forming bearish engulfing pattern and at Bhoomi Maya's red band i.e. where any sell entry is activated. Target green bands 5761 as T1
Hello dear friends, today gold continues to hold its ground at a high level despite some slight adjustments, but overall the price increase shows no signs of cooling down. Currently, the price of gold is trading around $2250, down 150 pips from yesterday as precious metals undergo a correction after a strong surge. Looking ahead, gold continues to be supported...
Welcome, everyone! Last week was nothing short of a gold fever, as the precious metal reached unprecedented heights. Fast forward to today, gold has once again soared, hitting $2265, marking a notable increase of $25 in the early hours of Monday's trading session. This surge in gold's value is primarily driven by declining treasury bond yields and a weakening...
Warm greetings, beloved traders! Let's strategize for the gold market this week! Last week, gold experienced an impressive and strong upward trend, reaching its all-time high. Today, we see this precious metal surging to $2,263, marking a $31 increase in the early hours of Monday's trading session. The rise in gold is primarily driven by lower bond yields and a...
sorry due to system problem cant update yesterday GOLDUSD BUY correction done @ mar26 2.30pm...now we got low @ 2157.140 also 4h confirms the high @ 2200.487 using fibo we got 2 buy entry.... 1st zone@ 2174-2169...2nd zone @2160-2156 before that in 50% we got hidden ob@2178 it confirms 15m but only scalp entry we got... yesterday night market hit 1st buy zone...
Opening the new week, gold witnessed a strong breakthrough, with a sudden increase of nearly 25 USD, reaching a record high of 2265 USD in just the first hours of Monday. This growth marks a historic turning point, clearly reflecting investors' preference for gold - a safe haven option amid growing economic instability concerns and forecasts. interest...
Gold has surged to an all-time high of $2,233, surpassing the quiet trading atmosphere during the Easter holiday, which reduced market activity. The global pause on Good Friday, particularly in major markets including the US, has significantly eased the usual chaos surrounding the price of gold. Despite the temporary lull, the trajectory of gold seems poised to...
Hello dear friends, let's explore the gold market over the past week! The previous week was particularly significant for gold, as it experienced a strong surge in price, reaching its all-time high of around $2,237. This increase in price was driven by market expectations of a potential interest rate cut by the Fed, prompting investors to flock towards gold and...
The global price of gold has seen an impressive increase, rising by $38.8 to $2,233 per ounce, marking its strongest month of activity in over 3 years. This surge has been driven by expectations of interest rate cuts in the US and strong demand for safe-haven assets. Spot gold has risen nearly 2%, reaching its highest point since July 2020 with a 9% increase,...
Silver has been in wide sideways range since past 3 year. Any retracement from here towards the horizontal zone lines could be final retracement before taking out the upper edge of the rectangle and give clear breakout. Next 2 year may be good be bulls.
just like gold silver gap up on 20th march the price is fading its buying momentum and with that bias im looking for sell on rise setup which i think 75300 could be the short entry and sl will be 75500 with the target of 74300 and second target of 73600 conclusion the target area are possible area to boost the buying liquidity again there will be exiting the trade
In global market silver is not very right position. So many retailer are entering into the commodity market . Basically buy on dip for 1-2 years. Technical expectation price will be react 100 in next 3-5 years. It's a good time to invest.