JSW Steel is given breakout from triangle pattern as chart shows. Recently it was tested 773 level and reverted from support which is return move. Now it may test level 860 our previous target and next level 1010 soon.
Chart is self explanatory. Ideal scenario will be a day or two consolidation at current levels which will make the momentum oscillator cool off to 78-82 range. Post this consolidation, we may see the explosive move. And everyone knows, an explosive move in this index means a lot for riskier asset classes. Savndhan Rahein Surakshit Rahein
Hello traders. What do you think of gold? Gold price fell on the third consecutive day on Thursday. The decline occurs when interest rates are reduced, showing that a significant decline may not occur at this time. However, capable of recovery in the short term, with the original goal of the weekly high level of 1947 USD/Troy Ounce (September 20).
World gold prices dropped in last night's trading session after the US Federal Reserve's (FED) monetary policy meeting. On the other hand, the interest rate on 2-year US bonds jumped to 5.2% and 10-year bonds to 4.48%, stimulating investors to put capital into bonds. This means very little money flows into gold. The price of gold today is inevitable. Meanwhile, US...
Gold price bounces off a one-week-old rising support line, as well as the 200-SMA, within a symmetrical triangle comprising levels marked since late July. Given the near-50.0 levels of the RSI and the impending bull cross on the MACD, the XAUUSD is likely to extend the latest rebound. The same highlights the 50% Fibonacci retracement of its July-August downside,...
As per my views , i can see copper in down trend, which it could go 700. In higher time frame it is visible "Head and Shoulder pattern".
Hello Samson! Are you wondering how gold price is trading today? Currently gold price stands at 1,932 USD/ounce, up 9 USD/ounce compared to the same morning. Looking at the technical picture, we can see that gold has returned to the expected resistance line. Assuming that the short -term trend line still has the possibility of gold will break through the 1937...
XauUSD continues to fluctuate around the price of 1930 USD/ounce. It can be noticed that this metal has not had significant fluctuations compared to the session yesterday. However, when we look at the D1 chart, we can easily see that gold forms a peak at 1936 USD expected to decrease short -term. Gold continues to wait for information from the Fed before deciding...
JSW Steel CMP: 809 If weekly closing is below 825 one can short this can be pre-empted with SL of 830 (WCB)
Hello everyone! Today, the decline of the US dollar (USD) is an important factor to promote gold price increasing and trading around 1933 USD/ounce. On the H4 chart in the long run, it is possible that the range of $ 1945 - $ 1947 will be the area that traders increased prices as well as a strong semi -seller for the seller. But with the market today there is no...
Hello everyone! Currently, gold prices are trading steady as supportive policy measures and strong business activity data from China have boosted market sentiment and dampened safe-haven demand for investors. against the US dollar, limiting the currency's recent gains. Furthermore, the stagnant sentiment surrounding US Treasury bond interest rates is also...
guys this is a silver long opportunity as you can see the technical analysis and again always do your analysis
Gann Box and Gann Fan is Working perfectly on Levels of Silver MCX... Now again expecting some downside move and then Up :)
As you can see that during this decline cycle gold price faced resistance on golden fib zone previously 2 times on daily time frame, current price is also trading under this golden zone for current retracement phase , watch this zone carefully if daily candle close above this then we can expect good bullish move but if the price failed again to break above this...
entry above 735.65 for target 736.7 and 741 reasons - resistance breakout supporting indicators - rsi + fibo disclaimer - trade @ owm risk
The world gold price stood at $1,919, down $6 from the same hour last morning. Precious metals are experiencing a brief technical sell-off amid a lack of supportive information. In addition, the USD and bond yields continued to increase, putting pressure on gold. In the short term, gold continues to be under downward pressure. Even so, gold has strong support at...
World gold prices this morning increased slightly in the context of the market waiting for further data from the US economy to guide prices. It is expected that the August Consumer Price Index Report will be published on September 13. The gold market is under technical selling pressure due to a lack of price increase motivation. Recent negative information about...
in this chart silver break the trend line and it possiable to give down move more then 10%