Welcome, dear friends, to our exploration of the tranquil waters of the gold market yesterday, where prices gently oscillated around Friday's closing figure of approximately $2159, in a serene anticipation of significant news expected to break on Thursday. Gold remains ensconced in its downward trend, encased within an unbroken parallel channel that signals the...
The gold price (XAU/USD) saw a modest recovery from its lowest point in over a week at the start of this week, despite remaining in negative territory for the first half of the European trading session. Meanwhile, the US Dollar (USD) continues its struggle to achieve any significant momentum amid ongoing uncertainty about the Federal Reserve's (Fed) interest rate...
Reason For Bearish/Sell 1. Bearish Shooting Star Formed 2. Bearish Spinning Top in Previous Day Candle 3. Bearish Engulfing Formed In last week 4. Obeyed Strong trend Overall Possible Outcomes XAUUSD/GOLD SELL @ 2160-2170 SL 2210 TP 2140 TP2 2080 TP3 2040
Welcome to today's strategy analysis, where we revisit and forecast the next moves for XAUUSD, after a day of significant fluctuation. Current Analysis: XAUUSD witnessed a considerable decline yesterday, progressing through a descending triangle pattern and eventually breaking below the $2075 level. Despite this, gold quickly adjusted, forming an ascending...
XAGUSD Which is showing a great opportunity XAGUSD is ready to breakout. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
SUPPORT 2146-2125 RESIST. 2165-2175-2180 watch carefully in this zone before planning trade
XAUUSD Which is showing a great opportunity XAUUSD is at support. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Hello dear friends! What are your thoughts on the price of gold? Let's explore and discuss new strategies for gold together with RKarina. Overall, it has been a week of significant price increases for gold. The price has been rapidly developing and consistently creating surprises for traders. This comes after the latest employment report showed an increase in...
Gold fades the previous day’s corrective bounce off the weekly low as market players await the US Retail Sales for February. In doing so, the spot Gold price, namely the XAUUSD, seesaws within a $48 trading range comprising an ascending resistance line stretched from May 2023 and the previous yearly top. It’s worth noting that the sluggish oscillators and the...
Updated Gold Market Report: During the Asian trading session, gold (XAU/USD) has attracted strong buying interest, partly recovering from the previous sell-off, with the price currently at $2,150. The surge in US Treasury yields, driven by higher-than-expected US consumer inflation in February, has increased the value of the US dollar and put downward pressure...
After today's massive bloodbath, we've got HINDCOPPER on our radar for next 2-3 weeks. So the view after the bloodbath today, i.e. on 13th March 2024, the view is clear that we're looking for fundamentally strong companies that are available at cheaper valuations. We need to buy companies that are trading at a PE that is lower than the industry PE, that are...
Hello dear friends, let's find out about the price of gold today! As predicted since yesterday, gold has experienced strong downward pressure after the release of the Consumer Price Index (CPI) of the United States. According to the CPI report, it increased by 3.2% compared to the same period last year in February, slightly higher than the predicted 3.1% by...
The Tuesday trading session holds significant importance for investors as the US Bureau of Labor Statistics prepares to release the Consumer Price Index (CPI) report for February. This report is expected to provide fresh insights into recent inflation trends and guide the Federal Reserve's short-term monetary policy. According to forecasts, the overall CPI may...
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “If Nifty50 has to change its character, the price has to fall below 22295 and then below 22051 wherein the higher low will get violated.” 4mts chart I was stunned by the Nifty50 and BankNifty price moves today. We started the day in line and then the 09.31 GREEN candle surprised me, a quick surge that...
The price of gold today did not decrease as previously predicted, instead it continued to move sideways and traded around the $2180 mark in the early hours of Tuesday. The market remained quiet on Monday due to a lack of significant news, resulting in no significant changes in the price of gold. Gold still shows a long-term upward trend, but at the moment, it is...
Hello dear friends, let's find out about the gold price today and evaluate the strategy for this week! Last week, we witnessed a strong surge in Gold and it surpassed its all-time high with a figure close to $2200. We expected it to correct its trend last week, but it seems that the buying side continues to push it higher, and it is currently trading around $2180...
Let's take a look at the exciting gold news of the week! Since February 28th, the gold market has truly heated up, with prices soaring to new heights and gently landing around $2,160 per ounce in Friday's Asian session. The expectations of a Fed rate cut in June have breathed new life into the sails of gold prices. And it was none other than the suggestive...
The price of gold continues to rise to its all-time high around $2156 as Chairman Jerome Powell's comments reinforce expectations of monetary policy easing this year. Betting on interest rate cuts is driving up the price of gold, and everyone anticipates that the easing will happen soon, further supporting gold. The non-farm payroll report for February, set to be...