KBEinc

KBEinc

Hello Trader, XAUUSD managed to close last Friday in the positive territory, making a low around 1721 and ending the week at 1760 ahead of NFP . 2021 till today XAUUSD lost 7%. Currently Gold is trading @ 1768 , We see critical resistance ahead (mentioned in a chart - yellow lines). Before NFP investors are more cautions for aggressive trades. We see...

KBEinc

Hello Traders, Currently Gold is trading on intraday high at around 1760 testing a low of 1748 . It will be a busy week for traders to analyse the market as there’s a lot of data coming up and of-course last week of the month. So far XAUUSD starts a day/week in an upward direction as there’s been a lot of sentiments crawling around i.e (crypto, china...

KBEinc

Hello Traders, As you all know, Gold attracted some buyers new 1760$ on Thursday. Although bullish bias has lack follow through, we think market should retest 1745-1750 level again. Our short term target 1754$ We do not provide any financial advice, all ideas shared on trading view is our view and not necessarily in line with yours. Thanks.

KBEinc

Hello Traders, Yesterday we had another bounce from 1783 level after release of CPI data to retest 1808 level. Today market pullback again below 1800 psychological level and now hold critical support around 1794 channel. If market closes below 1794-1795 area, there’s a possibility to retest 1780 support again in coming sessions. On the...

KBEinc

Hello Traders, We are looking further downward correction if market close below 1797 figure. There’s lot of volatility in the market ahead 21-22 september meeting. Gold probably going to trade below 1800 in the next few sessions. We are waiting for our short target that is 1770/75 . We think, Bearish position should be safest way to trade in current...