Gold might take a little rest here n fall in b/w channel as obvious. These are some of gold support levels,which I do not expect much or less than this. Gold support@$2770-2730-2660 TGT,$2850-2900. Overall I'm totally bullish.
As I said in my recent post,it was a last chance for bears to hold d ground but it didn't happen,as formation of head n shoulder pattern breaks imidiately n convert into buy. My tgt $2810-2845-2900 Support $2770-2750
Gold makes head n shoulder pattern here,that's a last chance I think for bears to survive n retain d position as main rider. Gold support $2725-2702 Resistance $2770
Gold continues what's it's called for safe heaven money.dont afraid to buy on dips,it will always makes you wealthier. Ok,now after trup policy threatening the whole around the world system,it's absolute choice to invest in gold. Also,my trendline works fine since it's upside breakout.n here is its showing another bullish sign for another cycle of bullrun. Tgt...
From the chart, we can observe key indicators like moving averages, support, and resistance levels. To predict the next price direction: 1. **Current Price**: The gold price is near $2,609, testing the support level. 2. **Key Support Levels**: - $2,618.889: Acting as immediate support (blue line). - $2,485.654: A stronger support further below (purple...
Scenario takes stage and now it's time.From early Jan to dec,gold almost hits half of its price when hits $2790, Now before 2025,market buyers will taking profit from what thay have made this year. $1980 to 2790. That's huge from all over the period of trade in gold. Fundamentals will support this idea and technical will favour it. As fed signals fewer rate cuts...
Gold currently facing bearish pressure after development in geopolitics n feds inflation readings shows they r matching with expectations.this means future rate cuts will be gradual. Untill any new news that disturb the current situation,gold will be on sell. Current resistance $2655-60-80 Current support $2595-75-55
Gold now entering into bearish trend.so a little pull up is a good chance to enter into sell.
Gold now entering into bearish trend.so a little pull up is a good chance to enter into sell.
In this meaning full time of Geopolitics that impacting world market,silver is steady on the basis of China's pbocs huge stimulus package n bullions uninterrupted buying surge by all central banks(gold) while industrial metals never been that far to reach at top. So,here is the deal. New quarter opened,gold n silver r pointing north but exhausted n hitting last...
Gold shines much more brighter in a long term...or more sooner... This was my prediction in the 2018 that it might hit 2300-2500 in 2023-24...or even $3000. But once it crosses $3000, there's no way back...5000-10000 all looks so close n so real.while world economy doomed n war like situation held d world on blink n people still not getting realised that sooner or...
Gold largely bullish here but feds decision coming. As on 19th,feds most probably chance to get rid off high monetary rates and start relaxing with .25 or .5 bps cuts. But now,traders are confused on wether it is big cut or small rate cut. So we r waiting for it.also a big rate cut decision will definitely pulled out gold from high range to ultra high...
Mcx Gold currently at risk on fall,as resistance appears here on top.which form a double top n now market may react it as fall. Overall if market breaks this resistance ,it may go way beyond above 73000-74000+ Or else below Resistance (72200-72600),market will fall towards 70000.
Gold may shoot upside soon as never seen before.higher high ssems possible.market awaited one big news and bang...gold demand is soon skyrocketing. As per my analysis I can see it breaks records over record for new high. Technically,gold find support above $2477-2485.above it sets a new levels to achieve. On the other hand,gold next big tgt to achieve is...
Gold below all time high resisting itself from going above. It means market now correct itself if go below 2458 n might go for 2440-2400-2380-2360-2330. Although if market breaks upside than,gold will make a new high n go for $2500-2530-2580. Let's see.
Gold is consolidating towards short term buying,as rate cut optimisms and big rate cut possibility growing.
Gold make invert head n shoulder pattern n looks forward to retain $2348-2365 range.although,$2348-50 is strong resistance but if possibly it breaks $2348 & next $2365,it will return to bullish phase.lets see next week.
Currently silver reverse after touching current trendline n looking for correction. Also,if it is breaing up,we might witness another bull run. So, $30.130-29.560 expected in down. If breaks n go beyond trendline, Expected Tgt will be $31.04-31.690 .