Fed rate hike signals pushed oil prices lower, with Brent crude closing at $92.40 and WTI at $88.57, marking a second day of losses. Analysts expect consolidation to continue, with short-term tightness supported by supply constraints. SUMMARIZE: We are expecting crude oil to fall between - 1.5 - 2.7% within this week
Disclaimer: Am not SEBI Registered Consultant. This is for Educational Purpose only. Please consultant your financial advisor before any financial decisions made. Sell near the Grey Zone (Supply zone ) and exit the trade beyond the zone.
⚡️Market news The United States Dollar (USD) has entered a phase of consolidation, with prices reaching near six-month highs compared to its major counterparts. This upward momentum is supported by the recent recovery in US Treasury bond yields and widespread risk aversion sentiment. Traders, who are risk-averse by nature, have been cautious ahead of the Federal...
We saw XAUUSD Long Because, XAUUSD 50% Retracement Complete.
Inverted head and shoulder pattern This chart is only for educational purpose
This narrative has helped US Treasury bond yields regain their upbeat momentum, with the benchmark 10-year Treasury yield sitting at the 16-yeat high of 4.3720%. The US Treasury bond yield rally could resume its uptrend on a hawkish Fed rate hike, extending the pullback in Gold price toward the $1,900 level. Conversely, Gold price could see a fresh upside toward...
Nifty can find support near prior breakout zones around 19850 zones as marked in the chart. If this breaks then Nifty futures can likely test 19650 & 19560 zones.
1 H chart shows it is stuck up in a rectangle for time correction only. Evening session last day showed a major support at 2.880. In terms of INR it is 225. If already invested nothing to worry, above 2.8277 SL which was brough up to 2.80 from 2.777 in our previous discussion. Check my earlier coverage on NG. Link provided. Please watch candle of 4:30 IST in...
Hello Samson! Are you wondering how gold price is trading today? Currently gold price stands at 1,932 USD/ounce, up 9 USD/ounce compared to the same morning. Looking at the technical picture, we can see that gold has returned to the expected resistance line. Assuming that the short -term trend line still has the possibility of gold will break through the 1937...
XauUSD continues to fluctuate around the price of 1930 USD/ounce. It can be noticed that this metal has not had significant fluctuations compared to the session yesterday. However, when we look at the D1 chart, we can easily see that gold forms a peak at 1936 USD expected to decrease short -term. Gold continues to wait for information from the Fed before deciding...
Hello Everyone Price Grabbed buyside liquidity and now it's coming down to take sell side liquidity. Sell confidently with proper risk management. Good luck.
Technical Analysis: Crude oil is currently trapped in a demand zone. This means that there is a concentration of buyers at this price level, which is preventing the price from falling further. If the price of crude oil can break through the resistance at the top of the demand zone, it will likely continue higher. Trading Strategy: Traders who believe that...
Reason for short a) retracement or consolidation is due b) 2 day low break c) SL compulsory d) There is a possibility to touch 20000 or 19870 level as retracement and may close higher by forming new high by the end of Sep month or 1st week of October . e) The retracement may be fast and consolidate at 50% zone. SL compulsory
Look for bullish price action confirmations on gold targeting 1946 and 1950 levels .
NSE:NIFTY1! NIFTY FUTURE has made a risimg wedge formation , keep eye on it to see if we get a wedge breakdown or a breakout....
⚡️Market news Currently, the price of gold on the exchange is still performing well and trading steadily around the $1932 mark, which is an increase of approximately $7 compared to the same time yesterday. This indicates that gold continues to remain attractive without losing its appeal. This week, the FED will announce new monetary policies and provide updated...
💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
I am looking for Sell XAUUSD at price 1931.49 on strong supply zone .Do not enter without lower TF confirmation, and always use proper risk management. Take a risk of 1% to 2% of your account.I would appreciate your support if you agree with my analysis .If you are new to the forex market and want to learn how to trade gold. Feel free to send me a personal message