Elliott wave analysis:- Impulse wave formation has been formed. 1,3,5 wave are impulse and the 5the wave was an Ending Diagonal. . if this wave has not broke above the 5th wave then we can go for short at CMP. stoploss@22.24201 if pattern failed then we have to wait and watch the wave formation. i am not a SEBI registered advisor. Before taking a...
Gold price (XAU/USD) witnessed an intraday turnaround from the $1,885 region, or over a two-week high and settled near the lower end of its daily range on Thursday. Consumer prices in the United States (US) rose more than expected in September and lifted expectations that the Federal Reserve (Fed) will keep interest rates higher for longer. This led to the sharp...
Gold Price reverses the post-US inflation retreat from a two-week high as market players await more consumer-centric details on early Friday. In doing so, the XAUUSD bounces off 100-SMA and justifies the firmer RSI (14) line. However, bearish MACD signals will join a two-month-old horizontal resistance area surrounding $1,880-85 to provide a tough fight to the...
Friday's price action a) brought the price precariously close to the descending triangle breakdown b) Trendline recapture miserably failed and confirmed the breakdown Both (and 2 other EW based factors) points towards price reaching green zone after break of blue zone. The momentum oscillator is also no-where near the oversold zone and indicating some more...
Elliott wave analysis:- View 1:- if it is a BULLISH triangle then it will break upside and the entire pattern next to w) wave is TRIANGLE X) Pattern. View 2:- If X wave was flat correction then a) wave was completed and b) wave was a BEARISH triangle and C wave has to break downside and the target will be same size of a) wave. i am not a...
Gold prices rose again today following an unexpected military attack by Hamas on Israel over the weekend. This event has increased the demand for gold as a safe haven. Currently, gold is trading at $1855. However, the rise in US interest rates continues to pose a challenge for gold. In order to see a significant increase in gold prices, the market will be closely...
Hi Traders, It's Silver Future Chart with important Resistance and Supports. Keep the levels in mind while stand any positions.
Hello to all my beloved companions! Today, the price of gold got off to a promising start as it traded at its highest level in many months, reaching $1832 USD. This positive momentum was fueled by anticipated good news from the United States. The precious metal experienced a turnaround due to optimistic employment data, which suggests that the US Federal Reserve...
👑Royal Trade👑 NIFTY50 IMPORTANT LEVEL we buy Call and my Target is in Video Dont buy any trade without stop loss This is only level we upload new idea in morning 9.30 Buy when Market Break The support or Resistance and wait for the closing and set stop loss at the last opening of the candle. NOTE #We Are Not Promote Anything #This channel Purpose to share...
Greetings, everyone! Today, as anticipated, the price of gold remains on a downward trajectory. The precious metal is facing challenges in terms of increasing its value, which may result in the US Federal Reserve (Fed) maintaining higher interest rates for an extended period. Consequently, sellers are likely to exert further pressure on gold prices, currently...
Hello everyone! The 45-minute prime time period appears to be relatively stable compared to yesterday's trading session. At the moment, the price is hovering between USD 1829 and USD 1812. Currently, it stands at USD 1819, experiencing a slight decrease of 0.05% per day. Today, there will be news surrounding the US non-agricultural payroll data which will impact...
Hello everyone! Gold continues to maintain its record low today. The price of gold globally fluctuated between 1,820 and 1,830 USD/ounce last night. As of 6 a.m. on October 4th, the current price of gold is trading at 1,824 USD/ounce, which is a slight decrease of 3 USD compared to the previous day's price of 1,827 USD/ounce. According to the Federal Reserve...
👑Royal Trend👑 Topic Trading Things In this video we try to Identify Trend and Entry By Big Bull👑🤑🤑💸💸 How market really work with number's How important is option chain analysis? The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the...
The price of gold experienced a quiet trading session today, showing no significant fluctuations. Currently, it is trading at $1821 per ounce, which is relatively stable compared to earlier in the day. On the other hand, the US dollar and bond yields continue to pose a threat to this precious metal as all attempts to increase its value are being...
Hello everyone! Today, the price of gold has dropped to its lowest point in 7 months. This decrease is a result of rising export benefits and inflation in the US, which is leading to expectations of tighter monetary policy. Gold has been steadily declining since it failed to receive a price increase from $2068 USD and is now trading at $1823. While there have...
Hello everyone, this is Samson speaking! Yesterday, the gold market experienced strong buying pressure as the latest report showed signs of cooling in the US labor market. Despite facing negative pressure from a strong USD and high US bond yields, disappointing employment data has generated some momentum for gold buying as prices rose to positive territory at the...
Gold recovers from a seven-month-old amid an oversold RSI (14) and failure to break the weekly horizontal support surrounding $1,815. However, the 21-SMA upside hurdle surrounding $1,830 and the one-week-long descending resistance line of around $1,840 restrict the short-term upside of the Gold price. It’s worth noting that the XAUUSD remains on the bear’s radar...
PURE PRICE ACTION INTRADY LEVELS ANALYSIS,gold seems like to dip 1800, if any bullish sign appears betwwen 1800-1807 then gold can make some bullish move, but seems like it will range in betwen 1800-1830 levels,for now wait for ENTRY-1829 SL-1832 ...