Gold hits a fresh 8-month high as geopolitical tension intensifies. Russian President Putin has announced military operations in Donbas and explosions heard in Ukraine cities of Odesa, Kharkiv. The increase in demand for safe-haven assets is pushing the yellow metal higher. US 10-year yield lost more than 7% from yesterday's high of 2%. DISCLAIMER: ((trade...
Gold hits fresh eight months high as Russia-Ukraine tension escalated. Russia recognized the independence of separatist regions of Donetsk and Lungask. US 10-year yield cooled off from a multi-month high of 2.06% further supporting the prices of precious metals. DISCLAIMER: ((trade based on your own decision )) <>
Gold gained sharply after hitting an 8-month as Russia and Ukraine tension escalates. The exchange of fire between Kyiv's forces and pro-Russian separatists has affected market sentiment. The number of people who have filed for unemployment benefits rose to 248000 the previous week compared to a forecast of 217000. Philly fed manufacturing index dropped to 16.6...
Technical: The near–term support is around $1840, violation below targets $1830/$1818. Significant reversal only below $1750.The yellow metal faces strong resistance of $1880, any violation above will take to the next level $1900/$1912/1925 is possible. It is good to buy on dips for $1868-70 with SL around $1840 for TP of $1900. DISCLAIMER: ((trade...
Technical: The near–term support is around $1840, violation below targets $1830/$1818. Significant reversal only below $1750.The yellow metal faces strong resistance of $1880, any violation above will take to the next level $1900/$1912/1925 is possible. <> Disclaimer The information and publications are not meant to be, and do not constitute, financial,...
Technical: The near–term support is around $1845, violation below targets $1770/$1750. Significant reversal only below $1750.The yellow metal faces strong resistance of $1810, any violation above will take to the next level $1835/$1860/$1877$1912 is possible. DISCLAIMER: ((trade based on your own decision )) <>
If gold fails to break the 1880,83 barrier, we may witness a drop to the 1851 and 1831 levels. DISCLAIMER: ((trade based on your own decision )) <>
Markets eye US CPI data for further direction. Factors to watch for gold price action- Global stock market- Bullish (Negative for gold) US dollar index –Bearish (positive for gold) US10-year bond yield- Bullish (negative for gold) Technical: The near–term support is around $1825, violation below targets $1810/$1800/$1770/$1750. Significant reversal only below...
Technical: The near–term support is around $1815, violation below targets $1800/$1770/$1750. Significant reversal only below $1750.The yellow metal faces strong resistance of $1835, any violation above will take to the next level $1860/$1877/$1912 is possible. Markets eye US CPI data on Thursday for further direction. DISCLAIMER: ((trade based on your own...
Technical: The near–term support is around $1780, violation below targets $1770/$1750. Significant reversal only below $1750.The yellow metal facing strong resistance of $1810, any violation above will take to the next level $1835/$1860/$1877$1912 is possible. DISCLAIMER: ((trade based on your own decision )) <>
Markets eye US ADP employment change data today for further direction. Factors to watch for gold price action- Technical: The near–term support is around $1780, violation below targets $1770/$1750. Significant reversal only below $1750.The yellow metal facing strong resistance of $1810, any violation above will take to the next level $1835/$1860/$1877$1912 is...
AUD/USD extends corrective pullback from 18-month lows, pre-RBA optimism buoys Aussie AUD/USD recovery lacks traction. Major trend remains bearish. Break above 5-DMA could see some upside. Breakout above daily cloud will change near-term dynamics. Technical Analysis: AUD/USD trades well below daily cloud and major moving averages Momentum is strongly bearish and...
Factors to watch for gold price action- Global stock market- Bearish (Positive for gold) US dollar index –Bullish (negative for gold) US10-year bond yield- Bullish (negative for gold) Technical: The near–term support is around $1780, violation below targets $1750. Significant reversal only below $1750.The yellow metal facing strong resistance $1820, any...
GOLD (XAUUSD) again bearish or soon breakout? We can expect breakout and huge pump here too and on daily charts , it is more clear. But in lower time frames we can see that correction and local fall is also expected like the red arrow on the chart. DISCLAIMER: ((trade based on your own decision )) <<💚💚💚💚💚💚💚💚press like👍 if you enjoy💚💚💚💚💚💚💚💚💚💚>>
EURUSD Currency pairs to watch(4- Hour chart) Pair Value Recommendation EURUSD -420.70 Strong Sell Major resistance-1.13800 Near-term support-1.1260 Trend reversal level 1.1180 DISCLAIMER: ((trade based on your own decision )) <>
Gold recovered from yesterday's low of $1829.78 on safe-haven demand. Global stock markets crashed heavily on geopolitical uncertainties as tensions mounted between Russia and Ukraine. Markets eye US Fed monetary policy meeting on the further direction. The US dollar index showed a nice pullback after hitting a low of 94.63. Factors to watch for gold price...
Two major trendline red and yellow break we can expect bullish If the break out trendline next eyes local resistance or correction? DISCLAIMER: ((trade based on your own decision )) <>
Bitcoin (BTCUSD)- BTCUSD trades weak for the past one week and hovering near a major support zone of $40000.