We see gold continue new down side move. Today (Now) gold broken 1748 level now we think gold price going down 1728..1718 near. Like the idea & always stay with us.
With the fears of reflation propelling global Treasury yields and the US dollar, gold remains depressed near the three-month-old horizontal support. With the bond rout less likely to fade soon, coupled with the US dollar’s expected run-up on recently welcome fundamentals, gold is up for extra south-run. However, a clear downside break of $1,760 becomes necessary...
nothing esle gold will boom AND READY FOR MILLIONERE SHORT
There are multiple harmonic patterns in Gold, bullish ones SL and Target mentioned in the chart For ones who trade in gold may be a good opportunity For Traders who trade in the Indian index Nifty / Bank Nifty, they may take a cue from this as Gold and the Indian index are usually inversely proportional.i.e., if gold increases nifty decreases and vice...
I think gold has made double bottom can buy gold here with sl of 1750$ for target of 1850-1900 accordingly one can trade in Indian market also sl of 45400 for tgt of 48000-49000
We already told previous chart (15 February chart) gold come 1730 nearly and also we told gold soon big down come. Today you see 1770 low now still. Already say gold don't now buy side a come big. Now this analysis chart you see we drawing a arrow and box. We believe gold soon upcoming events 1690 near down possible, because this high movement really fake high...
Gold sellers eye 50-SMA re-test, currently around $1,800, during the latest weakness below 100-SMA. However, any further downtrend needs to break February 18 low near $1,788 to refresh the monthly low, also the lowest since June 2020, around $1,760. The bearish sentiment takes clues from a monthly resistance line as well as a downward-sloping RSI line. Though,...