5min chart again,
the pattern is descending channel, flag...
hoping the market will break up as the trend is bull in 5min
there is a news today at 6PM IST, core ppi m/m & Unemployment Claims where USD is highly impacted. Hence can expect a volatility in the gold market today.
FOMC minutes gave the idea to rate hike for next month of may.
EURUSD holded buyers today. NO sellers unless below 1.0950. Buy at 1.1005 to TP 1.1020. Then between 1.1030 and 1.1020 no buyers unless we get the confirmation above 1.1030 to TP 1.1050. Markets still under speculative trading.
GBPUSD holded buyers today. Buy stop 1.2510 to TP 1.2520. Then hedge buy...
Small swing in 5min chart.
rite now market is in HL in 5min, once the DB in 5min the marked level breaks gold will shoot to target.
risk reward ratio 1:2.64 a good buy opportunities.
gold spot eys on 1232 if stya abv than u will see 1238--45--1265+++ expect yes massive short covering may be seen of if hold bwl 1232 than mkt again dwn sie possible 1220--1210$ in mcx---gold 61222 if stya abv than mkt zoom 61450--700-900++++++ or if hold blw after data cpi than mkt sahrp correction may be seennnn 61700-450+++++++ tone ur belt or eys on lvl
Today, I will like talk about GOLD which has given us quite interesting price action. The overall bias is BULLISH on HTF(MN, W1, D1), but It has given us a quite interesting price action to sell from. so I will be looking for a little BEARISH retracement before the BULLISH continuation.
If the market corrects a little more and breaks from the bottom to the top, then from there you will go into a new long position and if it brakes to the bottom, then you can plan for a new short position.
Introduction
Systematic Investment Plans (SIPs) have recently gained immense popularity among Indian investors. SIP is a mode of investment that allows individuals to invest in mutual funds in a systematic and disciplined manner. This investment strategy helps investors accumulate wealth over the long term by investing small amounts at regular intervals.
there was a decline in gold, so today a fresh label is being made here, if you want to do it, you can go here by long, we are mentioning both target and stop loss, let's see what happens, we get the target or stoploss
The gold analysis is done on 4H and 1H time frame.
The symmetric triangle and DB breakout is done. The retest structure looks like a swing. If the trend reversal in 1H, where 1H candle closes above the level 2003.045 go for a buy.
The target of DB, symmetric triangle & the swing are all more or less the same level.
The take profit and stop loss levels are...
Introduction
Balanced or hybrid funds are mutual funds that invest in equities and fixed-income securities to balance growth and income. These funds have gained popularity in the Indian market due to their ability to provide a diversified portfolio and mitigate risks associated with investing in a single asset class. With the Indian market experiencing increased...
Today, I will like to talk about GOLD, it has given us quite interesting price action. I will be looking for SHORT today(11 April, 2023) before the overall Monthly bullish bias.
The market looks bullish because it already broke 1 Day timeframe breakdown and till now gold only hitted target 1 and if I’m not wrong it will go up above 2050 to hit Target 2.
