Hello Traders! We see a test of the 2080 resistance level once again. Weekly and daily ranges are marked on the chart. The market is in premium zone on the weekly and Lower High (LH) picture is maintained on the daily. Also, we're in a discount zone on the daily . Hence some retracement to equilibrium and the daily bearish order block (OB) is...
JSW Steel - Daily Chart Consolidating after Breakout Supports 750/740 Target 10/15%
Gold if weekly close below 1900$ it would mean a ending pattern with a triple top at 2075 which could mean a multi year highs & a long correction lets wait & see how price unfolds.
Gold prices fell during the midday trading session in the US on Thursday following the better-than-expected ADP employment report, which showed double the expected increase in job numbers. The report pushed the US dollar index up from its overnight low and also raised US bond yields. In the end, August gold dropped by $10.50 to $1,916. The June ADP report in the...
Gann Box and Gan Fann working perfectly on Silver MCX futures. Now Equites are rising in values and Commodties Loosing in values Let See, How Silver os going to perform in near futre. Expecting price below 70k :)
With a clear U-turn from the 100-EMA, Gold price again hits the key support around $1,895 comprising the 200-EMA and an upward-sloping trend line from late November 2022. That said, bearish MACD signals and downbeat RSI join the market’s risk-off mood to offer extra incentives for the XAUUSD bears. With this, the Gold sellers are more likely to take out the $1,895...
Gold prices in Asian trading on Wednesday dropped below the modest gains from the previous day, hovering around the $1,930-$1,931 range or weekly highs. The precious metal traded around $1,924-$1,923, a decrease of less than 0.10% for the day, as traders eagerly awaited the latest monetary policy meeting minutes from the Fed. The Fed has indicated the need for a...
The gold market surged to new highs after the U.S. manufacturing sector contracted for the eighth month in a row in June. The Institute for Supply Management (ISM) manufacturing index dropped to 46%, below the expected 47.2%. This index measures economic growth, with readings above 50% indicating growth. In April, there was a sixth consecutive contraction. As a...
Gold prices ended this week at $1,910, a $17 decrease from the beginning of the week. In June, gold experienced a sharp decline, with spot gold dropping $42.6 and future gold dropping $52.7, marking the worst month since Q3 of last year. Despite briefly dipping below $1,900 this week, gold managed to hold onto this important psychological level and prevent...
Gold prices have been declining recently due to the possibility of interest rate hikes by the Federal Reserve. The upcoming meeting of the Federal Open Market Committee (FOMC) on July 26 is eagerly awaited by market participants for the central bank's decision. The latest minutes from the previous FOMC meeting showed increasing sentiment among Federal Reserve...
A Global Level of Imbalance (H1) has formed. (+) An imbalance of M15 has formed at the upper boundary of the H1 Range. (+) The price is higher than the market opening. (+) Resistance is the zone of imbalance of the open interest of stock options. (+) input: 1927.43 (input on imbalance test) stop: 1931.02 tp-1: 1923.81 tp-2: 1916.52
All level worked perfectly and will work perfectly in future also... Enjoy
turmeric chart suggest ba ck to back monthly gains ideally the trend could continue with retracements in between it is following an upward sloping trendline on higher frame the trendline its following comes straight from 2007 thus suggest a strong validity of the same
All time Low @20.540 All time High @2075.282 03Aug2020 in Black color. There's a pullback on 07March2022 in Red color. We can see here a Extrem POI on XAUUSD @438.184 - 410.486 is not mitigate yet but sooner or later price will come down to mitigate. I have marked five POI the last POI is @1226.477 - 1161.197 on 01Aug2018 01Sep1999 we saw a Bull Run {Bullmarket}...
Gold has been falling on parallel channel since Mar'22 high. Anytime this channel is broken that could be nice move until then enjoy the channel
I Have Marked five POI on weekly TF to take entries on BUY side. So you can see my last POI @1859.207 - 1802.859 that's POI for LONG. We can see a Rejection on 04May2023 @2067 price was not able to touch previous Rejection level @2070.630 Now Price is coming to mitigate @1859.207 that POI is for LONG position. After mitigation we can see a new High on XAUUSD
JSW steel form tringle pattern and near to give breakout. It may test 860 soon . It can long from here also add more if come down.
Hello Friends, Here we had shared possible Elliott wave counts on copper international chart. Good thing is wave counts are aligned with each others in multi time frames, Over all it looks good to go long as per wave structure, whole scenario is shared in this video post, so please go through out this video post to understand the Analysis of copper as per Elliott...