⚡️US bond yields will play an important role in influencing the USD price action in the absence of any relevant economic data from the US. Additionally, the broader risk sentiment will allow traders to seize short-term opportunities around Gold prices over the weekend and into the new week. ⚡️From a technical point of view, Gold is on a clearly declining range....
⚡️Gold price today on August 21 continued to decline and reached 1891 due to the increase in USD and bond yields. ⚡️The gold market was under pressure as US Treasury yields and the dollar index rose. Yields on 10-year US Treasuries hit their highest level in 15 years. The USD index recorded a 9-week high, closing the session at 103 points. ⚡️Bond yields rose...
⚡️Due to higher US bond yields, gold prices held steady near 5-month lows. Markets prepare for the Fed's Jackson Hole symposium for more directional hints on future interest rate cases. ⚡️In recent times, macro data and comments from Fed officials are supporting the possibility that US interest rates will likely continue to rise and stay high for a long time as...
Gold prices slightly extended its gains and successfully continued a third day of gains. TVC:GOLD hovers around $1,900/oz during the Asian session on Wednesday, showing signs of recovery from four consecutive weeks of losses despite a firmer US Dollar (USD). However, a stronger recovery is unlikely at the moment. After days of continuous decline, gold...
⚡️World gold price this morning continued to increase slightly with spot gold up 2.9 USD to 1,897.2 USD/ounce. December gold futures last traded at $1,926.0 per ounce, up $2.30 from dawn yesterday. ⚡️In yesterday's trading session, 8/22. Short-term offsets and some light bargain hunting are believed to have been the hallmarks of the precious metal's rally, after...
In Yesterday's trading session, we have seen big bullish spike /short squeeze(correction +Retailer Squeeze + Near to expiry PCR)and gold printed a healthy bullish candle which covered almost 5-session decline. On the price action note now the main task for bears is to breakdown the daily pivot as bulls now defending daily pivot successfully from last 3 trading...
Market Huge Resistant In Upper Side if you plan for buying wait for breakout 44717 if market break again 44200 then downside move possible , wait for it
I daily make educational content videos for swing / positional trading
After a massive correction (80%) stock chart has made a rounding bottom formation. Look the box on the chart - Golden crossover happen recently. Stock is taking support as 200 DMA Also taking on support line as draw on the chart The stop loss with 3 targets mentioned on the chart. Please go through the chart to get the stop loss level and target and...
📌 Inverted Head & Shoulder ✅Add to your watchlist #PAYTM - INH&S Continuation pattern - Above Key EMAs - Bullish RSI
📊 Details Incorporated in 2010, Brightcom Group Ltd (formerly Lycos Internet Ltd) offers digital marketing solutions to businesses, agencies and online publishers worldwide Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your...
Good Morning Traders, Guy's yesterday Markets traded range bound and ended almost unchanged amid mixed cues. After the marginal uptick, the Nifty oscillated in a narrow band and finally settled around the day's low to close at 19396.45 levels. (FII) sold shares Rs. 495.17 crore, whereas (DII) Purchased Rs. 533.75 crore worth of stocks on yesterday session. On the...
Dark Cloud Cover is a bearish reversal candlestick pattern where a down candle (typically black or red) opens above the close of the prior up candle (typically white or green), and then closes below the midpoint of the up candle. The pattern is significant as it shows a shift in the momentum from the upside to the downside. The pattern is created by an up candle...
eurusd is in downtrend we can look for shorting oppertunity if it reaches back at supply zone
Hello Guy's, i have brought analysis for Commodity lovers on Guar Gum. Chart is clearly showing a Cup and Handle breakout on daily timeframe and it is supported by rising volume. MACD is sustaining above zero line and has formed a bullish crossover. All these observations are seen in the daily timeframe chart. A long trade can be taken in this Guar Gum for healthy...
Hi guy's, i hope you all will be good, i have brought an another stock which has given a Ascending Triangle Pattern Breakout on chart. This idea definitely is going to a learning content as i am gonna to explain in very brief about Ascending Triangle Pattern. So let's start, What is Ascending Triangle Pattern? An Ascending Triangle is a Classical Chart...
NTPC giving F&P breakout trading above all key ema good volume built up educational idea
📊 Details JSW Steel is primarily engaged in the business of manufacture and sale of Iron and Steel Products. The company aims to expand its crude steel capacity from 18 MnTPA in FY20 to 45 MnTPA within the next decade. In 2021, the company completed the acquisition of BPSL and became the largest steel producer in India. The company is the owner of single largest...