Dxy currently find support here n consolidating before making upside move. Oversold territory push Dxy higher.
Gold expecting $2025 to resist or go beyond. It's trend might reverse here at $2025 or if sustain here, it will go beyond $2050-2080. All shown in image. Let's see.
Silver breakout from a long running trend n now grows towards 25.6 to 27 levels. Image showing how. Best of luck.
Gold continues its upside story as betting on no more rate hikes by fed for a longer runs giving support for gold. Also technically market shows upside potential intact with it n breakout conditions might fuel it upward trajectory higher high. Current resistance stay above $2080 or recent high which we can expect it to be breaks in coming year 2024.(or sooner)...
Hdfc currently lopsing it's stream n selling occurred. Sell 1414,tgt 1410-1405-1400
Gold currently standing tall after boosted by weekness of dollar n 10yr t-yield. For a strong upside needs to break the current resistance $2020 to go far away at $2060-80-2140. On the other hand, as dollar showing some life above $103.3, gold might get a return ticket n fall again below $1990-1975-65-1930. Also, unemployment data awaited today. Let's see.👍
Dxy find asupport here as shown in a image. Trend vise it will go up now for short period of time.
Mcx gold currently indicating bullishness continues, if breaks above, gold soon touch 62000+ If breaks below, will go for 60350-59700.
Mcx silver currently standing on a strong bullish trend,n if continue wil achieve 75000+ soon. On the other hand if market breaks below as shown in image, will down for 71500.
Gold jumps from the long going strong support@$1930, & absorbing the resistance at 1975, let's see if it is breaking it or not. Overall as expecting above $1930, 1965-75-1990 could be achieved or not. Also today another important data's to come. Last night US cpi was so badly impacted the dollar. Let's see what happen today. All d best.
After UScpi dollar turn down it's head n going for South. If trend follow as it is, more pain is coming. On a daily fibbo time fram, dollar to hit 104.35-103.5 tgt.
Nifty below 19580,good for short as this level on a daily timeframe is@50% fibbo resistance. Near sell side tgt 19375-19175. On d upside above 19540,tgt 19700-19930.
Mcx gold looks dominating by bears n as such trend follows, market will going deep down. Current scenario favor bears n trend looks clear direction. Also, today is US cpi data awaited, which giving support for buyers. Overall sell on rise. Gold support:- 59480, Below selling :- 58910-58350. Upside:- 59750-60150.
As depicted in image, gold follow trend Continuesly. US cpi might gave some boost for bulls, but overall selling on rise continue.
Gold_carrying daily fibbo 38.2% support here n for a longer period of good support at $1930.which helps gold to get some air before drowning. Yes, if US CPI came positive tomorrow than there's more pain ahead for gold bulls. Although, my previous given charts works exactly. Stay tuned. So, gold selling zone:- $1962-65, tgt $1930-1910-1886. Also buying n support...
Gold down to South after breaking triangle n uneasy above $2000. Now gold is moving down to get enough support for further bull Run above $2000. Although on a daily time frame, gold is needed to get a small correction after last months bull Run start from $1810 to $2000+. So now, strong support are laying here at:- $1965-1950-1940-1910. Any of these support will...
Gold breaks the triangle n now moving to South to get support. Good support :- $1965-1950-1940-1930.
Gold consolidating gains and maintaining $1975 good support for further bull Run. Hopefully we will see some tomorrow and after that in coming week. Best wishes.