Gold price has been hit hard amid uncertainty over US Retail Sales and Industrial Production data.
A strong US Retail Sales data would provide more room for the Fed to maintain higher interest rates.
•Further escalation in Middle East tensions could bring some revival in the gold price.
Gold price (XAU/USD) witnesses a sell-off after failing to reclaim the weekly...
Nifty took a decisive support today and bounced back closing above 50 days EMA which shows strength in the market, however the support taken by Nifty yesterday 19512 might be tested again today. If that support hold then we may see a positive up move on today or in the coming week. Nifty will remain under pressure throughout the day. situation remains grim due to...
Middle East Crisis send shivers down investor's spines. Things are not looking that great as Nifty will probably look for further support levels. It will be a surprise if spot Nifty hold ground and closes above 50 days EMA (Mother line) that is 19604. If 19604 is broken further supports for Nifty can be found at the levels of 19357. Resistance on the upper side...
