📌SWING TRADE FOR NEXT WEEK🚀 Hello guys, I am a swing trader by passion i only trade on swing stocks. 📌I post daily SWING CHARTS analysis on my trading view profile.. so let's start 📌TRADE ANALYSIS OF IRCTC :- •Breakout of Darvas Box pattern on DTF with strong candle •Break Major Resistance •Volume increases last few day's high •Bullish trend/ make good...
📌SWING TRADE FOR NEXT WEEK🚀 Hello guys, I am a swing trader by passion i only trade on swing stocks. 📌I post daily SWING CHARTS analysis on my trading view profile.. so let's start 📌TRADE ANALYSIS OF patanjali :- •Breakout of symetrical pattern on WTF with strong candle •Break counter trend line and hidden lines •Volume increases last few days high...
Stock has formed a Head and shoulder pattern who se neckline is identified at 553. A sustained move below 553 shall bring the stock down towards the measured target zone of 493-95 THEORY: This pattern forms after an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. The left shoulder is formed after a big bull rally in which...
BUY - BOMBAY BURMAH CMP - Rs. 924 Target - 1: Rs. 1330 Target - 2: Rs. 1850 Target - 3: Rs. 2150 . . Technicals - Bullish Symmetrical Triangle nearing BO . . This is a view by an expert analyst, please trade at your own risk. . Follow me for more!
- Analytical basis: Today is the first Monday of the week and gold continues to lose nearly 30 USD from 1848 to 1821. Gold's downward streak still shows no signs of stopping. PMI data released today was better than expected, creating more pressure on gold prices. Additionally, the US Federal Reserve has signaled that it may raise interest rates again before the...
- Fundamental analysis: Gold lost another $30 on Friday, bringing the total weekly loss to nearly $80, marking gold's biggest weekly loss in nearly a year. Fed officials last week maintained a hawkish stance, arguing that keeping interest rates high for an extended period of time is necessary to bring inflation below 2%. Recent US economic data was also better...
- Fundamental analysis: Gold yesterday continued to fall to around 1860 and then recovered slightly in the context that FED policymakers reiterated their hawkish stance. That raising interest rates and keeping interest rates high for a long time to bring inflation to 2% is necessary Yesterday the US Senate also passed a bill to avoid a government shutdown this...
Gold prices (XAU/USD) remained under selling pressure during the early European session on Thursday. The decline in precious metals was supported by a stronger US dollar (USD) and higher Treasury yields. Gold price is currently trading around 1,876 USD, up 0.11% on the day. Meanwhile, the US Dollar Index (DXY), a measure of the USD's value against a basket of...
Gold prices (XAU/USD) attracted some selling at around $1,902 in early European trading on Wednesday. Precious metals face selling pressure as the US Dollar (USD) strengthens ahead of highly anticipated inflation data on Friday. Meanwhile, the US Dollar Index (DXY), a measure of the USD's value against a basket of foreign currencies, rose above 106.20, its highest...
Gold prices (XAU/USD) fell vertically to near $1,915.00 as uncertainty over the Federal Reserve's (Fed) interest rate outlook deepened. The precious metal's upside remains limited as Fed policymakers continue to maintain a hawkish stance for upcoming monetary policy meetings. "It feels like interest rates will have to stay high for longer than the market expects,"...
Gold prices hovered above $1,920 during Monday's Asian trading session. Prices for the yellow metal ended a losing streak on Friday as the US Dollar (USD) pared the day's gains, most likely due to falling US government bond yields. However, US bond yields have recovered, with the 10-year US Treasury yield rising to 4.45%, up 0.50% at the time of...
Gold prices (XAU/USD) recovered recent losses after falling to a weekly low of $1,913 in early Asian trade on Friday. At the time of writing, XAU/USD was up 0.08% on the day at $1,921.62. During a press conference Wednesday, Federal Reserve Chairman Jerome Powell reiterated the Fed's commitment to achieving 2% inflation. Powel added that the Fed is ready to raise...
Gold prices continued to lose money for the third straight day, trading around $1,925 lower in the early trading hours of Thursday's Asian session. As expected, the US Federal Reserve (Fed) maintained its current benchmark policy rate at 5.5% during its meeting on Wednesday. Precious metal prices are facing downward pressure as the Fed is expected to raise...
Gold prices (XAU/USD) stabilized around $1,930 during Asian trading hours on Wednesday. Market participants prefer to wait on the sidelines before the Federal Reserve's (Fed) Interest Rate Decision and FOMC Press Conference. These events can cause volatility in the market Meanwhile, a gauge of the US dollar's value against six major currencies remained unchanged...
An inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of BSE:AVANTI Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on...
BUY - RELIANCE POWER. CMP - Rs. 12 Target - 1: Rs. 20 Target - 2: Rs. 25 Target - 3: Rs. 60 . . Technicals - 1) Cup and Handle Pattern. 2) Bullish Flag BO . . Follow me for more! . . This is a view by an expert analyst, please trade at your own risk.
XAU/USD ended Wednesday's trading session at its lowest price in three weeks, hitting a new low of $1,905 as the inflationary backdrop in the US continued to frustrate gold investors. Gold continues to be rejected from $1,940.00 after last week's action saw the yellow metal fall back as US Treasury yields and the US Dollar (USD) continued to trouble scarf on the...
Gold prices extended the previous day's healthy recovery from $1,900 or above three-week lows and gained stronger traction for the second straight day on Friday. Momentum lifted XAU/USD to three-day highs around the $1,915-$1,916 region during the Asian session, although a meaningful upside move still seems unlikely. The US Dollar (USD) has pulled back from its...