Today we discuss Banknifty, Nifty and Crude and see where it can go in the coming days.
Delivery Buy SILVER above 69300 Stop Loss 68200 Target 70700-72000
Gold Price rises to the highest level in three months on early Friday, rising for the fourth consecutive day, amid a softer US Dollar and mixed sentiment. That said, the Greenback dropped heavily on Thursday after Fed Chair Jerome Powell signaled no rate change in the short term. It’s worth noting that the XAUUSD’s successful break of the 200-day SMA and previous...
head and shoulder pattern forming on gift nifty which may no crash the market but can put it in a medium shot term bearish trend target 19100 and 18700
Brent oil completed it's correction last week after RSI divergence, and is now increasing strongly supported by good volumes. Next overbought zone on RSI places Brent around $100 mark.
the fall and rise in the Indian Markets has been shown with the help of arrows. as per my analysis we will hit an high of 22433 by the end of Jan 2024 so stay invested and stay cool
🌷US Dollar, Treasury Yields, Israel, Federal Reserve, GVZ Index - Talking Points - Gold prices appear to be comfortably above the USD level during Wednesday's trading session - Treasury yields after hitting new highs again but gold seems unaffected by that - The US dollar has been volatile despite global instability. Will XAUUSD continue to rise? 🌷World gold...
Hello dear friends! Today, the price of gold has made a slight adjustment and is currently trading at $1911 since the time of writing, a decrease of $18.48 or -0.96% for the day. Last week, gold witnessed its best weekly increase since mid-March due to growing safe-haven demand amidst the ongoing Israel-Hamas military conflict. In the current politically...
The triangle pattern observed in Silver Mini/Silver signals market uncertainty and suggests a potential significant price breakout, either upwards or downwards. We expect this breakdown in the coming days till then it will consolidate. Stay tuned for the levels, which I will share shortly.
The pattern 15 min chart suggesting a possible (up) swing trade above 130 in case of BHEL in coming days, which gets a support from consolidating daily chart pattern.
Silver is in some sort of 4th wave with price moving inside the channel in Weekly/Daily TF. The wave counts are as per my understanding and may differ once the wave unfolds. Bounced from nearly 78% retracement level which is good sign on entering into 3rd wave. Looks good for two targets of - 73825 and 76000 Not a reco. Trade as per your own risk and setups!
Gold prices (XAU/USD) hovered around $1,950 after retreating from the two-month high of $1,962 in early Asian trading on Thursday. The precious metal's rebound was bolstered by escalating political tensions in the Middle East, driving the flow towards safe-haven assets. Meanwhile, the US Dollar Index (DXY), measuring the USD against six major currencies, rose to...
On bigger Tf the gold was extremely bearish with M1 & W1 giving very strong volume to the downside. As 1900 level was a good support what I see is Gold trying to retest those levels before this week ends. LOW RISK trade as the trade is against the trend for my analysis TF. (~2-3%) Target levels and SL as marked on charts. Will update in the Miami Session.
gold mcx sustain abv 59100 buy only tgt looks 59220--350++ sl will be 58940 buy on dips gold spot abv 1913$ looks uo side 1928--32$ or more
crude spot sustain abv 88$ looks up side 89--91$ again possible where strong support 85.50$ nly blw will create panic till 83.50--81$ -- in mcx sustain abv 7290 mkt up side only till 7250--7430++++ where support 7150 if stya blw thna dwn only till 7088--7055
ng stya blw 260 sell on rise looks 253--45 sell on rise tight sl 267 looks gap dwn trend continue blw 3$ in nymex spot looks dwn 2.90+++