ktra_commodities

ktra_commodities

Gold clearly breakout & now just roaming around $1990-2000. Now gold can try to re touch $1977-80 to get momentum for a big boom above $2020-2040-2060+ (Also waiting for tomorrow fed meet, where they decide wethere they increase interest rates or now n what's there opinion for the future. ) Gold can get fly n that triple top theory failed, we would've witnessed...

ktra_commodities

Gold might break $2000 psychological barrier today as bullflag already broke and current resistance $1975-1955 works as support after a short pullback. Middle East tension may fuel gold to new all time high soon.

ktra_commodities

Silver gaining support at 38% fibbo n looking to break 50% fibbo today. Let's see.

ktra_commodities

Gold currently at resistance n working fine as explain before. Upside above 1975 it might go above 1990-2020+ On the other hand, if it resist n bulls not that confident, go go below 1970 to 1955-1944 support which is 50% fibbo support. Overall $1930 will work as strong support for ongoing bull Run. Let's see.

ktra_commodities

Silver resist at 50% fibbo n working fine as mentioned before. Currently at current support@38% fibbo n might get reverse if any sudden news came or else it will breaks n go near 23% fibbo.

ktra_commodities

After hitting daily fiibo resistance at 1978,gold here aliding n could reach to 1940.

ktra_commodities

Gold touched strong resistance n breaks. If survive this, tgt will be $2020+ or else below $1980,might go to $1944-1930. Let's see.

ktra_commodities

Gold short term pullback possible, and jump again. But this is a good time to take risk for sellers,but overall buying will be our main objective. Let's see. Current gold support:- 1930-1903 Resistance :- 1965-1975-1990

ktra_commodities

Gold clearly hitting a milestone, now what. We expect it to touch $1970 to $1980. That red line needs to be taken care off Or else, it will be breaks n also record break could have seen in a decades as gold might be able to recapture $2000. On d point:- gold expected tgt $2080-2160 in early days of coming 2021

ktra_commodities

Gold getting off some air after making high due to geopolitical tension. It might re touch it's previous support, let see.

ktra_commodities

Silver after getting lifted by geopolitical tension, arose to 72000,now if it release some air, it might go below here. Keep watching cautiously for any new outcome.

ktra_commodities

Currently good is overly boomed by geopolitical tension arise, views looks it might release some air before going up again. Let's see. Gold medals ght go below 58300,to tgt 58900-59600-59300. Upside above 58300 we might see jump here.

ktra_commodities

Gold exhausted last week n oversold conditions apply. Monday market might be gap up n going up as geopolitical tension arise in Israel and palestinian clash. Also technical viewpoint suggest some buying space here. Good luck.

ktra_commodities

Gold short hits 50% fibbo as expected, now next 15 days is crucial, it obvious if market even breaks more below 1$840-1820-1800-1790..but on Monday we would like to watch dxy moment too, as after months of making high, it shows weekness last Friday if it can be true, we might seen big correction in dxy n good bottom in gold. So what we can expect in gold next...

ktra_commodities

Silver:- A big sell off if this trendline breaks... , that circle is in watch, if this weekend, closes below that line, we might witness a horrific selling event after long time in silver that might goes below $19-17-15. Weekly fibbo strengthen this possibility. Let's see what happens. Best of luck.

ktra_commodities

Gold is currently ping pong between a narrow range of falling n supporting trendline. Our finding is gold getting support above $1900-1884, which are good to open buy order, while below $1930-34,we finds good position to short, if above goes, $1940-44-1959 are the tgt. Fed funds rate decision coming this week, n I'm not surprise if fed raise rates. So overall...

ktra_commodities

Mcx gold on a breaking point. If break n losed below 240,i'll go for huge short. Tgt been signed.

ktra_commodities

Gold short idea, is that a possibility of selling in gold to $1880 to $1800, yes. Surely yes untill any big global issue arose here.gold just retest it's trendline aafter breaking below it n now I completely focussed on short idea with gold. Here r my upcoming tgt for coming weeks. Gold short tgt :- 1925-1903-1880-1865-1855-1834-1820-1800-1790. If gold sustain...