OANDA:XAUUSD retreats to $2,160 as US yields rebound XAUUSD: Technical analysis OANDA:XAUUSD lost its traction and retreated to the $2,160 area. Following a downward correction in the European session, the benchmark 10-year US Treasury bond yield recovered to 4.3%, making it difficult for OANDA:XAUUSD to hold its ground. From a technical...
The US Dollar registered its first weekly decline for 2024, which, along with increasing demand for traditional safe-haven assets, lifted the Gold price to over a two-week high on Friday. The growing conviction that the Federal Reserve will wait until the June policy meeting before cutting interest rates keeps a lid on any further appreciating move for the...
Signals and strategies TVC:GOLD Gold is on track to recover from losses recorded in the previous four weeks ahead of a speech by US Federal Reserve Chairman at the Jackson Hole Symposium. The precious metal has shown resistance despite the improvement of the US Dollar (USD). US Dollar (USD) rally boosted by moderate US jobs data, keeps market sentiment...
TVC:GOLD GOLD is currently hovering around 1926$, with its upside potential still limited, according to technical indicators in the daily chart. Gold remains below the bearish 20 Simple Moving Average (SMA), heading south below the 100 SMA. At the same time, technical indicators have stalled their recovery, diverging directly below. their midline. In the short...
TVC:GOLD Gold's rally is heading for another challenger with the 1,928$ hurdle ahead of key central bank officials' speeches at the ECB forum. Upbeat US data, geopolitical worries from Russia limit the US Dollar and the GOLD bulls. The daily chart for GOLD shows that the downside is leading, with the pair posting lower highs and lower lows while holding below...
TVC:GOLD Gold price is consistently defending the horizontal support of a Descending Triangle chart pattern formed on a two-hour scale, set from the May 30 low at 1,930$. The downward sloping trendline of the aforementioned chart pattern is drawn from the June 2 high of 1970$. The 200-period exponential moving average (EMA) at 1,950$ is acting as a barrier for...
TVC:GOLD Gold prices extended their downtrend on Thursday and probed the 1940$ area. However, the downtrend is due to shrinking volume and open interest, suggesting that a more prolonged decline seems unlikely for the time being. So far, there seems to be good support around 1,930$ Even if Gold Price surges past the 1,946$ level, the 38.2% Fibonacci level on the...
TVC:GOLD Gold price is forming a Reversal Flag chart pattern on the four-hour scale, which is a trend continuation pattern where a prolonged consolidation will lead to a breakout. Gold price is hovering above the horizontal support drawn from the April 3 low at 1950$. The 20-period exponential moving average (EMA) at 1978$ is preventing Gold from any...
Aarti industries The share of aarti industries have been falling since long now it's looks good to buy for a trading and investment purposes because of discounted factor on a daily tf it has made a triangle pattern above 556 can show a good upmove Tgts will be 600 660 710 Ask your financial advisor before buying Only for educational purposes Guys do follow me on...
1. Stock Break Down Trend Line. 2. Was Above EMA50 3. Stock Make New LH and HH. 4. Always Bound Above Upright Trend Line. 5. Good FA Reward = 12% Risk = 6% Good entry since ration 1:2 to reward. Good Luck.
Telix pharmaceuticals is revolutionizing the way the world detects and treats cancer, it's ahead of schedule and is kicking goals left right and centre. very exciting prospects for this one, was able to cover massive bullish ground pre-2019 during the XJO, XAO Australian All Ordinaries (and world wide indices) bearish turn. Now sitting in what looks like the...
Tata Elxsi Limited Medium Term Techno-Funda call NSE: TATAELXSI CMP: 977, Closing based SL 879, Targets 1050 1080 1125 Technicals: * Swing High Breakout * Cup and Handle Breakout * Volume breakout * Trading above important Moving averages * Resistance breakout GOOD FUNDAMENTALS TOO Disclaimer: All the levels are for education purpose only.