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...
strong support around 240 on rising trendline if holds above can move back towards 280-290 level incoming weeks . view fails on strong breakdown below 240 level.
NSE:DWARKESH poised to move towards 150 in coming months nice breakout in weekly timeframe cmp is 103 This analysis is being done for educational and knowledge-sharing purposes. This article does not offer any kind of buy or sell advice. All stocks are positional and are held for a short to medium period of time. Everyone is expected to conduct their own...
Hindalco Industries Limited (NSE: Hindalco): close above the 434 + level, it will rally upside and close below the long trend line, it will become weak.
In this post, we will conduct an analysis of GAEL's chart, focusing on the approaching trendline support, RSI support, and the potential for a short-term bounce. By examining these technical aspects, we aim to provide insights into the stock's current situation and the potential for upward movement. Let's delve into the analysis and explore the situation. Chart...
In this analysis, we will delve into the chart of EID Parry and evaluate key indicators and factors to provide insights into the stock's current situation. Notably, we will explore the presence of a weekly support trendline, weekly RSI support, a potential buying opportunity at the current CMP with a stop loss at 425, a target of 520, the presence of a daily...
As seen on the chart, Grasim stock is trading near a strong supply zone of 1750-1775. The stock also has taken support from trendline which is drawn from 2020 lows. If the stock manages to break its ATH level and sustain above this supply zone for few weeks, we can see a flag breakout and a new bull uptrend in this stock. However, rejection from supply zone can...
#tinplate #swingtrade #momentumtrade #chartpattern #patternbreakout #breakoutsoon Swing Trade / Momentum Trade >> Flag Pattern (Breakout soon) >> Good Bullish Setup >> Good Strength & Decent Volumes >>Low Risk High Reward Trade Swing Traders can lock profits at 10% and keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep...
NIFTY has clearly broken a cup pattern and sustained above 20000. Play with no upper target. SL below 20000. Round number and important level breakout. RSI over 70. Simple.
Looks like LemonTree hotel stock price is moving towards 117, based on the trend line and fib level Just keep an eye on this stock
Gold prices ended five straight days of decline, trading higher at around $1,920, up 0.20% in Thursday's Asian session. However, precious metals are facing downward pressure as traders consider the possibility that the US Federal Reserve (Fed) will increase interest rates by 25 basis points (bps) until the end of 2023. . Hawkish sentiment surrounding the Fed's...
Gold prices traded around $1,920 per troy ounce in the first hours of trading during Monday's Asian session. The precious metal managed to hold on to its previous weekly close, receiving some support from the weakening US Dollar (USD). The US Dollar Index (DXY), which measures the Greenback's performance against six major currencies, is currently trading around...
Gold yesterday opened the weekly trading session with an upward trend from 1916 to 1930 when the USD experienced declines and corrections after the Bank of Japan's move caused the market to increase expectations for the future. The Yen negative interest rate period will soon end. The US Dollar Index (DXY) fell to around 104.60, trying to offset losses thanks to...
Gold prices tried to make up for the previous day's losses, trading around $1,910 per troy ounce higher in the early trading hours of Wednesday's Asian session. This currency pair is trending up due to the decrease in the value of the US Dollar (USD). However, gold prices face challenges as the market is cautious ahead of the release of US inflation data,...
bouncing from six month rising trend line support strong support at 100 level at current level and on any fall toward 100 level accumulate and hold for next 6 month big move possible in stock .
YESBANK is stuck in a ascending channel for 6 months now. It has also tried to break the upside on 18.6 but failed to do so effectively. Bounce is expected from support. Also poised to break inverted H&S when crosses 18.6 with good volume.
This Stock keep moving upside and making Higher lows. What do you think? 1. It is Good Breakout after 1250+ days 2. Trap on buying High 3. No idea about it Share your view in comment section...