Looks silver showing good opportunity for long. Marked important levels, please understand the price levels and take your own action. ___________ Disclaimer: None of the trading calls given by meshould be construed as an offer to buy or sell any financial instruments, nor advice to do so. All information shared by me is for learning purposes only and has no...
Fundamental Descriptions: Gold was up on Friday morning in Asia and was set for a second weekly gain after the dollar retreated from 20-year highs. Gold has benefited from a strong bearish reversal in the dollar. On May 13 the dollar index hit an apex trading to a high just above 105. In the last nine trading days, the dollar has declined to its current value of...
Fundamental Description: Gold was up on Thursday morning in Asia, while U.S. Treasury yields gained. Gold’s response has been quite disappointing, with the FOMC minutes also boosting risk sentiment. Gold cut some dollar strength-driven losses after Wednesday’s Fed minutes suggested the central bank would raise interest rates by 50 basis points in June and July...
Gold prices stay pressured inside a fortnight-old bullish channel, recently challenging the channel’s lower line. Given the metal’s pullback from a monthly resistance line, coupled with the descending RSI, gold is likely to witness fresh selling. However, a clear downside break of the stated channel’s support, close to $1,845 by the press time, becomes necessary...
Fundamental Descriptions: Gold was down on Wednesday morning , with inflation's uncertain path giving the yellow metal a uncertainity. The buying momentum around Gold Price extended on Tuesday, as bulls cinched fresh two-week highs at $1870. The US dollar tumbled alongside the yields, extending its downward correction despite a cautious market mood, led by a tech...
#GOLD MCX future contract form Harmonic pattern (Gartley) on a daily time frame. buy on deep is a good bet for the short term.
Crossing 782.85 leads the way to 806 No overlaps on the structure on LTF
Fundamental Descriptions: Gold was up on Tuesday morning in Asia. The dollar was up, stabilizing after its fall during the previous session that helped boost the yellow metal to its highest point in two weeks. The bright metal took advantage of the dollar sell-off and built on the previous week’s recovery rally from four-month lows of $1787. However, the risk-on...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1798.7). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GOLD is in an uptrend, and the continuation of the uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Fundamental Descriptions: Gold was up on Monday morning in Asia, hitting a more than one-week high. A weakening dollar continued to support the greenback-priced yellow metal, even as rising U.S. Treasury yields capped gains. On Friday, particularly, a flight to safety theme remained in play, which boosted the demand for safe havens such as the dollar and the US...
Bull Gateway: 1852 Gold spot has created three consecutive positive bars in the last 25 trading sessions (36 days) for the first time. And it's above 200 MA. That's a good sign for buyers! If gold breaks the parallel channel, my upside targets are 1866 - 1882 - 1906 - 1920 . But, it hasn't broken the parallel channel in the last trading session. It's at the...
Fundamental Descriptions: Gold was down on Friday morning in Asia but set for its first weekly gain since mid-April 2022. The dollar retreated from two-decade highs and growing concerns over U.S. economic growth saw investors turn to the safe-haven asset. Gold Price extended the previous rebound and stormed through the critical 200-Daily Moving Average (DMA), now...
Short XAUUSD | Gold | Technical Analysis day frame RSI of Gold is below 60, and in 4 hrs time frame RSI is near 40 , so Day frame RSI will try to pull back the 4 hrs RSI as per non conventional RSI strategy, GO for short guys Dont forget to add stoploss Happy trading days #XAUUSD #Short #Gold #shortXAUUSD #Technicalanalysis #Forex #forexmarket #Profit #...
Short XAUUSD | Gold | Technical Analysis day frame RSI of Gold is below 60, and in 4 hrs time frame RSI is near 40, so Day frame RSI will try to pull back the 4 hrs RSI as per non conventional RSI strategy, GO for short guys Dont forget to add stoploss Happy trading days #XAUUSD #Short #Gold #shortXAUUSD #Technicalanalysis #Forex #forexmarket #Profit #...
Gold Futures Gold trading at strong support levels Earlier after giving breakout from this levels now retrace again to its strong support level Can be positionally buy at CMP or above 50600 levels for short term targets of 50950 / 51250 & 51500. Partially profit booking is also good, with trailing stop loss. ---- Note: Above levels are for education purposes...
pitchfork pattern still long dxy ,will gold fall we will work or not gold struggling will 2 into 10 points
Fundamental Descriptions: Gold was down on Thursday morning in Asia, with a steady dollar and elevated Treasury yields weighing on the greenback-priced bullion, whose outlook has already been dampened by the U.S. Federal Reserve’s aggressive stance on inflation. Global growth fears resurfaced and triggered a flight to safety theme across the board, reviving the...
Here marker is downword trending and current market price is very close to the trend line, so it is highly probable that market will also fall