Gold: May 04 review (Intraday and weekly strategy for Gold ) Technical review: The next area for attention is below $1676.40 range (Near S1-Friday's low) and keeps down trend till $1666.20 range (major support level). On the other side, I am looking at $1721.80(Near term R1), and if break above R1, Gold prices will rose max. $1737.00(Near term R2 - Thursday's...
Gold: April 30 review (Intraday and weekly strategy for Gold ) Technical review: Gold and Siver prices rally today after yesterday's Fed rate decisions. The next area for attention is below $1708.20 range (Near S1-yesterday's low) and keeps down trend till $1699.30(Near S2 - last week low). And if Gold break weekly low, we will expect more down trend till...
Gold: April 29 review (Intraday and weekly strategy for Gold ) Technical review: The next area for attention is below $1704.10 range (near S1-weekly low) and keeps down trend till $1666.20(last week low). And if Gold break weekly low, we will expect more down trend till $1620.00 range (50% Fibonacci level). On the other side, I am looking at $1745.80(near term...
Gold: April 28 review (Intraday and STBT strategy for Gold ) Technical review: The next area for attention is below $1706.30 range (near S1-today's low) and keeps down trend till $1666.20(last week low). And if Gold break weekly low, we will expect more down trend till $1620.00 range (50% Fibonacci level). On the other side, I am looking at $1745.80(near term...
Gold: April 24 review (Intraday strategy for Gold ) Technical review: The next area for attention is below $1695.40 range (Near term S1) and keeps down trend till $1666.20(weekly low). And if Gold break weekly low, we will expect more down trend till $1620.00 range (50% Fibonacci level). On the other side, I am looking at $1768.00(near term R1), but major...
Gold:April 22 review. What next after Crude Oil???----Gold Vs US Dollar Gold prices is the hedge against the economic crisis. In this Corona virus pandemic situations, precious metals like Gold and Silver prices increased after made a yesterday's low $1666.20 range. On the other side, Crude Oil prices slumped and hit 1990s low yesterday. as the market struggled...
Gold: April 23 review (Intraday and STBT strategy for Gold) Technical review: The next area for attention is below $1695.40 range (Near term S1) and keeps down trend till $1666.20(weekly low). And if Gold break weekly low, we will expect more down trend till $1620.00 range (50% Fibonacci level). On the other side, I am looking at $1768.00(near term R1), but...
Gold: April 21 review (Intraday and weekly strategy): Fundamental review: Gold futures, June contract traded $1707.50 range, down 0.25% at early US hours after released US home sales data. And Gold prices was made a low @1666.20 range today. Gold and silver prices were down more than 3% and 6% respectively in few hours ago but all profits washed out due to this...
Again short Gold and silver cmp $1707.00-$1710.00 range and $14.820-14.860 range and keep R1 today's high and wait S1 $1665.00+$14.400 and wait S2 $1650.00+$14.300 and wait S3 $1620.00+$14.000....TGT before today's closing/STBT...... Gold and Silver markets will down more than 4% and 10% today......Check my today's Gold review....
Gold: April 21 review (Intraday and weekly strategy): Fundamental review: A gold price was down in morning Asian sessions after made a weekly high @1718.40 range yesterday. By 0810 AM BST, Gold Futures, June contract traded $1717.50 range, up 0.39%. Crude Oil price action was very scary and its prices plummeted to a negative -$37 a barrel, May contract on...
Gold: April 20 review Asian and European shares traded negative today due to supply concerns for Crude Oil and Corona-virus pandemic situations. European indexes opened higher today because of slowdown of deaths in hotpots like Italy and Spain. But all profits washed out in next few minutes. Crude oil prices remained under pressure due to global lock-down...
GOLD: 17 APRIL REVIEW. All Asian and European stocks traded positive today due to US president Donald Trump's plan to reopen the world's largest economy after a month-long lock down period to prevent the corona-virus pandemic. On the other side, Precious metals like Gold and Silver prices were crashed today also after made a seven years high $1788.80 range this...
GOLD: APRIL 16 REVIEW. SAFE-HAVEN CURRENCIES VS YELLOW METALS As a safe haven currencies like USDJPY and USDCHF prices rose for last two sessions. And on the side precious metals like Gold and Silver prices tumbled due to negative economic data, Global world market indices crashed and weak Crude oil prices. Oil prices has erased around two thirds of its value in...
Gold: April 14 review Gold prices reached to its highest level in more than seven years and traded $1784.50 range (almost $1800 range) at morning Asian sessions. Many factors impact the Gold prices at this type of corona-virus pandemic will have a devastating effect on the global economy, hammering corporate earnings while supercharging demand for havens. The...