Polkadot (DOT) recently experienced a significant breakdown as it fell below the crucial $4.20 support level, marking its lowest weekly close since 2020. This decline has raised concerns among investors and analysts alike. DOT has been following a bearish trajectory since reaching its yearly high of $7.90 in February 2023. It slid below the $4.20 support level,...
XAU/USD ended Wednesday's trading session at its lowest price in three weeks, hitting a new low of $1,905 as the inflationary backdrop in the US continued to frustrate gold investors. Gold continues to be rejected from $1,940.00 after last week's action saw the yellow metal fall back as US Treasury yields and the US Dollar (USD) continued to trouble scarf on the...
Gold prices tried to make up for the previous day's losses, trading around $1,910 per troy ounce higher in the early trading hours of Wednesday's Asian session. This currency pair is trending up due to the decrease in the value of the US Dollar (USD). However, gold prices face challenges as the market is cautious ahead of the release of US inflation data,...
Looking at the chart of GOLD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Hy friends and dear fellows. Hope you all are enjoying our ideas and analysis. Now we are here to update about GNS. GNS is breaking the main Falling Wedge in daily timeframe. We can see see gain upto 30% here✍
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USOIL. USOIL is exactly moved According our Analysis as we predicted before. Now here it has Maximum chances we can price around 92 soon. Keep in touch we will update further soon.
Gold yesterday opened the weekly trading session with an upward trend from 1916 to 1930 when the USD experienced declines and corrections after the Bank of Japan's move caused the market to increase expectations for the future. The Yen negative interest rate period will soon end. The US Dollar Index (DXY) fell to around 104.60, trying to offset losses thanks to...
Gold prices traded around $1,920 per troy ounce in the first hours of trading during Monday's Asian session. The precious metal managed to hold on to its previous weekly close, receiving some support from the weakening US Dollar (USD). The US Dollar Index (DXY), which measures the Greenback's performance against six major currencies, is currently trading around...
The chart Magus SHIBUSD in focus with the countess
Hey there, crypto fam! Let's dive deep into the world of Bitcoin with a look at the weekly chart. 📈 🕒 4 Weeks of EMA 200 Testing: Bitcoin's been doing this interesting dance for the past four weeks, where it keeps testing the EMA 200 (Exponential Moving Average). It's like it's checking for support, and so far, it's been bouncing off that level. 🙌 🔴 Bearish...
Gold prices extended gains for a second straight day, trading around $1,920 a troy ounce higher during the Asian session on Friday. The yellow metal's price is receiving minor support from a correction in the US Dollar (USD) after a three-day bullish streak, which could be attributed to a correction in US Treasury yields. The yield on the 10-year US Treasury note...
Gold prices ended a five-day losing streak, higher at around $1,920, up 0.20% in Thursday's Asian session. However, precious metals are facing downward pressure as traders consider the possibility that the US Federal Reserve (Fed) will increase interest rates by 25 basis points (bps) until the end of 2023. . Hawkish sentiment surrounding the Fed's policy decision...
Gold prices traded with a negative bias for the second consecutive day on Tuesday, although lacking continuation and remaining within the familiar range maintained over the past week or so. XAU/USD is currently placed just below $1,940, down less than 0.10% on the day and pressured by a combination of factors. Despite signs that labor market conditions in the...
Gold prices attracted renewed buying pressure on the first day of a new week and continued to rally above $1,945 during the Asian session. . The mixed monthly jobs report from the United States (US) on Friday ensures that the Federal Reserve (Fed) will keep interest rates unchanged at its September policy meeting, so this is considered is beneficial for Gold...
Colgate-Palmolive (India) Ltd Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Falling wedge Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 2020+. ✅Can Go Long in this stock by placing a stop loss below 1930-.
Hey everyone, let's take a quick look at Bitcoin this week. I've been keeping a close eye on the charts, and I have to say, things are looking a bit bearish right now, but let's break it down. First off, we've been struggling to break above a crucial resistance level. It's been a bit like trying to push open a heavy door – not easy. This resistance has been...
Gold prices traded actively for the fourth day in a row on Thursday and are currently hovering just below the $1,920 region, or near a two-week high hit the previous day. However, XAU/USD lacks bullish confidence, needing caution before continuing the recent bounce from the $1,885 region or the lowest since March 13 and hitting this week's top. Amid worsening...
Gold prices traded near $1,915 per troy ounce during the Asian session on Monday, extending last week's gains. The recent drop in the US Treasury bond yields (US) helped push the yellow metal to recover. Additionally, moderate US economic data released last week along with mixed statements from major central bank officials at the Jackson Hole Symposium,...