On Monday market opening we saw a huge momentum towards the sell. Now we are expecting a retracement towards 2660-2680 before making another dip towards a minimal point of 2580.
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Fundamentally speaking Fed not cutting interest rate had a huge impact yesterday market was bullish from 1980-1940. But also Powell said they will be cutting rates in the future so sentiment of yesterday should break in today's US session allowing the gold to come back to 1980. Technically this was the market second hike after 2145 which should result in market...
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A very simple overview of the market. Monthly structure! If you see the monthly time frame the top range 2050-2074 is about to be tested as per historical view. Market is now going for a deep test of this zone after doing a basic test at 1960. Weekly structure! After breaking the current high of 1980 market on the weekly time frame has tested the 1984 level and...
Opening market trade. Gold should test the 1707 level so as soon as the market opens take the sell entry from 1717 to 1707 sl should be 1723. Risk reward would be 1:2. Open for discussion
This analysis is based on technical factors. Fundamentals could have an adverse effect so risk management is the key!
This analysis is based on technical factors any fundamental output could have an adverse effect on the market. Risk management is the Key!
This analysis is based on current technical and fundamental facts upcoming news or updates could have an adverse effect so trade safe.
This is the complete analysis do check it for informational purpose
This is based on technical analysis any fundamental effect can have an adverse effect so always trade with proper risk management
Market could have an adverse effect based on the fundamentals so always trade with proper stoploss and plan you're entries.
This analysis is complete technical fundamental factors could have an adverse effect.
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On Friday the NFP came positive for USD but suddenly the investors realized one data was not enough so that the FED would take notice of the situation and the buyers entered in the market. Will the market go upto 1900 level. Not sure about that at the moment. But 1830 is the first target entering buy at this position is what i would say is a golden chance to make...
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