Strategic forecasting TVC:GOLD Therefore, Gold price is making another recovery attempt from four-week troughs of $1,914 early Thursday. Markets trade with caution, reflective of the mixed tone in the Asian indices even though the US S&P 500 futures post small gains. Investors resort to adjusting their US Dollar positions ahead of the all-important CPI...
Signals for a new day OANDA:XAUUSD Technically, Gold price remains exposed to downside risks, as the 14-day Relative Strength Index (RSI) continues to hold below the midline, despite the latest bounce. A hot US inflation report will revive the selling interest around the Gold price, smashing it through the key support near the $1,910 region to challenge...
OANDA:XAUUSD Gold price attracts some selling following an early uptick to the $1,946 area during the Asian session on Monday and drops to a fresh daily low in the last hour. The XAU/USD currently trades around the $1,940 region and for now, seems to have stalled its modest recovery move from the lowest level since July 11 touched on Friday. The closely-watched...
TVC:GOLD Moving ahead, there isn't any relevant market-moving economic data due for release from the US on Monday. Hence, traders will take cues from speeches by influential Fed officials, which might drive the US bond yields and the USD demand. Apart from this, the broader risk sentiment could provide some impetus to the Gold price. The fundamental backdrop,...
TVC:GOLD Gold prices are looking to extend their previous rally ahead of the US NFP announcement. In the event that the US jobs data disappoints, gold prices are likely to recover above the falling 50-day moving average (DMA) at $1945. Triangle support also aligns at that level. Recall that Gold price confirmed a symmetrical triangle breakout on the daily chart...
TVC:GOLD Our Technical Confluence Indicator shows that Gold Price creates an immediate upside barrier around the $1935-35 level, including the 61.8% Fibonacci on one day and one month, as well as the Bollinger middle band on the chart. hourly items. Then, one-day Pivot Point R1 and one-day Pivot Point R3 could test Gold buyers near $1940 and $1948...
OANDA:XAUUSD Gold prices gained some positive traction during the Asian session on Wednesday and partially reversed the previous day's sharp decline to the $1941 region, or three-week low. However, XAU/USD is having a hard time capitalizing on modest gains on the day and is currently trading just below $1,950, still up more than 0.20% on the day. Today my...
OANDA:XAUUSD Gold prices remain below the $1,950 and $1970 trading ranges that previously limited the XAU/USD moves as market participants brace for the expected release of US employment and activity data. Dad this week. That said, the previous day's breakdown of the $1952 support confluence, resistance now serves as an immediate signal in favor of the Gold...
OANDA:XAUUSD Gold price (XAU/USD) remains at intraday lows as it wins a two-day bullish streak while justifying a strong US Dollar and China concerns. According to our Technical Confluence indicator, Gold price retreats from the top of the $1950 and $1970 trading range as market participants prepare for the first data/event scheduled for the week. This. On the...
TVC:GOLD Gold prices attracted some buying power in the Asian session on Friday and partially reversed the previous day's sharp decline to a two-week low on upbeat macro data from the United States. GOLD is now trading around the $1,950 region, up 0.20% on the day, although the upside looks limited given the growing possibility of the Federal Reserve (Fed)...
OANDA:GBPJPY The GBP/JPY pair found strength around 180.80 and recovered strongly during the Asian session. The crossover attracts significant bids as the Bank of England (BoE)-Bank of Japan (BoJ) policy divergence is set to widen further. According to Fibo and EMA showing great sell signal at the moment, let's wait for the profit I can bring you
kindly follow the levels on the chart this stock can give you good return in next 6 to 9 months only for educational purpose
Concor has given sharp fall from 52 week high of around 828 . Currently stock is in a channel and RSI is showing a positive divergence clearly. Risk reward ratio at 575-580 levels is very high since there is a strong support at 550-555. Above 610, 660 is the next strong resistance level. Keep in radar and trade with your own analysis. This idea is shared for...
In this weak market this stock has potential to give good return Kindly see the levels marked on the chart SL is must Only For Educational Purpose
It looks like Nifty is forming a IVHS pattern on 15/30 min TF. The neckline of IVHS is around 17480-17500 levels which will be a strong resistance. RSI is showing divergence in 30 min TF which might indicate an upmove. 17200-17250 is the next strong support for Nifty which is very close to the CMP and hence, a short trade might not be a good option. However, US...
kindly see the information given on the chart only for educational purpose kindly trade on your own risk
EIH LTD stock posted good results in this quarter. In technical stock moving in a channel. Also downside support visible.