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...
Gold prices stood at $1,927, increasing by $6 compared to the previous week's closing. The precious metal experienced its strongest percentage decline in four months. Gold is facing downward pressure due to a stronger USD and the cautious stance of US Federal Reserve officials, with no signs of recovery yet. Kitco's gold survey this week shows a decrease in...
The global gold price is currently at $1,924, a decrease of $2 compared to the same time yesterday. The gold market is being hindered by recent positive monetary policies from central banks. Gold is expected to end June with a decrease of around $47, marking the worst month since February. The precious metal is reacting to the continued hawkish rhetoric from...
World gold price stood at $1,905, down $10 from the same hour last morning. Gold price is still finding the bottom of 3.5 months. Gold prices are heading for the second consecutive month of decline. The safe-haven role of precious metals has become blurred due to the resilience of the US economy. Even the complicated situation in Russia cannot support gold...
Gold prices slightly decreased during Thursday's midday trading session but remained higher than the daily low. The metal reached its lowest point in 3.5 months overnight. Positive economic data from the US, including higher US dollar index and increased US Treasury bond yields, have put pressure on gold. The August gold contract dropped $4.8 to $1,917. Final US...
Bullish ABCD In Copper Buy PRZ - 702/703 SL - 698.5 Target - 710/713
The world gold price stood at $1,915, down $12 compared to the same hour last morning. Rising bond yields have put downward pressure on gold. This morning, the yield on the US 10 Treasury note rose to 3.83%, increasing the opportunity cost of holding non-yielding assets like gold. Experts forecast gold has a risk of falling to $ 1,900 / ounce in the short term...
Check the previous Idea, the trend is clearly bearish, and now the price breakdown the psychological support of 1900 so we can expect more decline soon.
Gold stays on the way to post the third consecutive weekly loss even as the one-month-old falling trend line prod XAUUSD sellers around $1,900 of late. Also challenging the quote’s further downside is the nearly oversold RSI (14) line. However, the bullion’s sustained trading beneath the fortnight-long falling trend line and the 200-SMA, respectively near $1,918...
WE have seen a dip in silver in last session and now Silver rebound again . Important level and verticle line indicating important pivot reversal point shown on the chart...on every dip there will be buying opportunity. Scalper can do scalping with 100 point EDUCATIONAL