Gold witnessed some decent profit booking at end of the week. Keeping it simple 2320 is going to be the Zone. If respected, We may see retest of 2400 zone If Not, then 2275 may provide some support. Although Stronger Support Zone happens to be around 2220 2200 levels. Rest of the analysis in coming days.
NSEIX:NIFTY1! nifty future bounced back from daily timeframe buy zone and ended up just below previous sell zone, with no prpoer buy zones immidiate below, we may see a drop till midzone , if manages to break above current sell zone and sustains with a retest, then we may see move till green zone quickly
Introduction: The global crude oil market experienced significant turbulence as prices surged by more than 3%, surpassing the $85 per barrel mark. This escalation followed reports of large explosions in Iran, Iraq, and Syria, presumed to be the result of Israeli attacks. Concurrently, various geopolitical factors, coupled with economic uncertainties, contributed...
Today, on the last trading day of the week, gold prices increased sharply to nearly 35 USD, reaching a high of 2,418 USD before stabilizing at 2,410 USD at the time of reporting. Gold's upside was sustained by a recovery from the 34-day moving average (EMA 34), with technical factors continuing to support the price. Many investors believe that gold is receiving...
Hello everyone, after a short price drop last night, gold has begun its journey to find a new peak. In today's trading session, gold is attempting to overcome the $2,400 resistance level, supported by renewed weakness in the US Dollar and persistently low US Treasury yields, which creates conditions for this unprofitable precious metal. Gold may continue to be...
Hello everyone, in the early hours of the weekend trading session on Friday, gold prices recorded a $35 increase, surpassing the $2400 resistance level. However, this upward momentum did not last and the price has since dropped, stabilizing at around $2,390 at press time. This fluctuation is the second time gold prices have increased sharply and then decreased,...
copper mcx stya abv 840 looks up side till 850--70++++++ where support 830 if blw thna mkt dwn 822--19 expect over all looks bull zone one can take buy side with support sl
Bearish head and shoulder chart pattern formed in GIFT Nifty in hourly timeframe.
Nifty after the upmove formed a continuation H & S but the breakout did not succeed and settled in a expanding triangle. Likely to be in sideways for a while. Range trading is wht we need to do now
Hi trader This 1hr POI USOIL Taken Previous day liquidity (16/04/2024). I expect Buying from this level Note - Only for education purpose.
USOIL SWING TRADE Usoil 1hr Order Block This Order block is vimp because its 1 hr + 4Hr Demand Zone. At this level we can see some Liquidty pool. Here we can take trade with 5 min CHoCH. Follow for Daily Forex Update Note - Only for education purpose.
Hi everybody! Today, let's explore together the factors that affect the price of gold! Last night, gold experienced a major correction. The precious metal has dropped significantly in price due to fading expectations of US interest rate cuts, which has reduced demand for gold as a safe haven asset, especially amid tensions. increased tension in the Middle...
Yesterday, gold fell as expected. The price showed a downward trend twice after hitting a maximum of 2395. In late trading, it fell all the way to our expected first target of 2355. The current disk shows that it has plummeted by $100 since the high of 2431, and short-term bulls are still trying to regain lost ground. However, the trend line since the 2430 upward...
Timeframe: 4 hour Check the below trade Above 2381 Target 2432 Stoploss 2361 Front Month Comex Gold for April delivery gained $10.60 per troy ounce, or 0.45%(rounded) to $2382.30 today
HH-HL Strong green candle RSI ABOVE 50 BUY = 6970 TARGET = 7025-7050
Gold prices continued to rise today due to increased demand for safe-haven assets amid escalating tensions between Iran and Israel. This has prompted investors to flock to the gold and USD markets to protect their assets. Precious metals are on the rise even as US economic indicators and the USD index increase, raising concerns that the US Federal Reserve may...
From the daily chart of gold, a K-line combination similar to the "evening star" appeared near the historical high, suggesting that the gold price has initially peaked, and we need to beware of the possibility of a decline or a deep correction in the market outlook. Since gold showed an uptrend pattern, we have experienced multiple corrections. Most adjustments...
whole week spent in consolidation, now if it trade below 85 support, then a 2% drop could be there...