ManojBakale

ManojBakale

Technical Analysis: Price: XAU/USD is currently trading at 2038, hovering near the strong support zone of 2033-2034. This level has consistently held up against downward pressure, indicating potential bullish bias. Indicators: RSI: 45.75 (neutral zone), showing a slight uptick from recent lows, potentially suggesting a shift towards bullish...

ManojBakale

XAUUSD, the symbol representing gold in the financial markets, has been demonstrating a promising bullish outlook, with the 2003-2005 support level playing a crucial role in its potential uptrend. This analysis delves into the technical and fundamental factors supporting the bullish narrative and explores potential trade opportunities. Technical Analysis • Price...

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TECHNICAL ANALYSIS PRICE ACTION : EURUSD has been trading in an upward trend since the beginning of November 2023. The recent breakout on Hourly Timeframe from a strong resistance at 1.08850 suggests that the upward trend may continue. The pair is currently closed at 1.0900 level. MOVING AVERAGES: The 50-day and 200-day moving averages are both sloping upwards,...

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Detailed technical analysis of Auropharma (NSE: AUROPHARMA) based on hourly timeframe. Technical Indicators RSI: The Relative Strength Index (RSI) is currently at 62.5, indicating that the stock is overbought. However, the RSI is still below the 70 level, which is considered to be overbought territory. This suggests that the stock may continue to rise in the...

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Overall Trend: XAUUSD is currently in a bullish trend, as indicated by the recent breakout above the 1975.00 level. The price has been supported by the EMA50, which is acting as a dynamic support level. The next major bullish targets are 2000.00 and 2009.30. Key Support and Resistance Levels: Support: 1982-1983 Resistance: 1990, 1995 , 2000 Key Factors Driving...

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OVERALL TREND : Gold is currently in a state of consolidation, oscillating between the support level of 1955-54 and the resistance level of 64-65. This consolidation phase is primarily attributed to the mixed economic data that has been released recently. On one hand, there are indications of a slowing global economy, which could potentially boost gold's...

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BULLISH TECHNICAL ANALYSIS NTPC has recently broken out of a major resistance level on the daily timeframe. This is a bullish signal that suggests that the stock price could continue to rise in the coming days and weeks. The stock is currently trading above its 200-day moving average, another bullish indicator. The 200-day moving average is a long-term trend...

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As of Wednesday, November 15, 2023, 11:13 IST, the real-time exchange rate for XAUUSD (Gold/US Dollar) is $1,955.75. This represents a 0.43% increase from the previous day's close. SUPPORT AT FVG AND NECKLINE OF DOUBLE BOTTOM The price action at the 1963-1964 level suggests that there is strong support for XAUUSD at this level. This is likely due to the fact that...

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OpenBB Technical Analysis of XAUUSD Taking Support from 1944 to 1943 and Becoming Bullish Overall Analysis XAUUSD is currently trading at 1944.00, which is a 0.14% increase from the previous day. The overall trend for XAUUSD is bullish, with the price having made a series of higher highs and higher lows over the past few months. The price is currently...