XAUUSD reached an intraday high of $ 1914.225 and found Sellers at $ 1909.722. From a technical standpoint, the metal is neutral to bearish on the daily chart , trading well below a bearish SMA of 20%, which is currently converging with a descending trend line at $ 1923.616. The Momentum indicator is flat around its midline, while the RSI indicator consolidates...
Gold price needs to recapture the previous high of $1,821 to challenge the multi-month top at $1,825. Acceptance above the latter will initiate a fresh upswing toward the $1,830 round figure. The 14-day Relative Strength Index (RSI) has turned but holds comfortably above the midline, suggesting that any pullback in Gold price remains a ‘good buying’...
XAUUSD reached an intraday high of $ 1,814.41 and found buyers at $ 1,803.93. From a technical standpoint, the metal is neutral to bearish on the daily chart, trading well below a bearish SMA of 20, which is currently converging with a descending trend line at $ 1,831.70. The Momentum indicator is flat around its midline, while the RSI indicator consolidates...
GBPUSD Trade Analysis- GBPUSD is bearish on the long-term outlook. The sellers continue to hold the GBPUSD market. The demand level of $1.2440 could not hold the price, in other words, the level could not withstand the pressure of the sellers. It penetrated the downside and exposed the price to the demand level of $1.22 today. currently, the price is sustaining...
Prolexus Warrant this counter after a long negative and downwards movement is all ready to show some reversal and a upside movement. it is now at 0.160 and it is expected to move up to 0.185.. it is expected to break it's resistance of 0.180. Can be a good counter for short term buying