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Commercial User
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Joined Mar 2021
|225 Posts|
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See gold august and silver july high 160100 and 268300 range today.....buy 158350 and 262100 range yetserday....now wait 161k or again 159k and 272k or 264k gold and silver in next few hours....
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Commercial User
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Joined Mar 2021
|225 Posts|
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See gold august and silver july high 160100 and 268300 range today.....buy 158350 and 262100 range yetserday.... What Next now wait 161k or again 159k and 272k or 264k gold and silver in next few hours.... Are you still loss in Gold and Silver??? Join Paid Services and Loss Cover..... Operator call always rocks..... SEBI Registered Analyst....
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Commercial User
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Joined Mar 2021
|225 Posts|
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Gold Near Key Resistance Levels: Trend Change Ahead?
Precious metals such as gold and silver extended their gains for the second consecutive session as renewed geopolitical tensions between the United States and Iran supported safe haven demand. The recent decline in crude oil prices also helped ease concerns about energy-driven inflation, encouraging investors to return to precious metals.
Following yesterdays US economic data release, gold and silver continued their upward momentum, validating the recovery seen after the US market opening. Traders who followed yesterdays buying strategy witnessed a strong rebound in bullion prices.
During the morning European session:
Gold Spot (XAUUSD) traded near $4541.53 per ounce
Gold August Futures traded around $4571.17 per ounce
Market participants are now assessing whether the recent rally can continue or if profit booking may emerge after two strong sessions of gains. While geopolitical uncertainty remains supportive for gold, traders are also monitoring Federal Reserve policy expectations, inflation trends, and upcoming US economic data for further direction.
Intraday Strategy:
According to my view, the recent rally may attract profit booking from higher levels, which could trigger a short term correction in gold and silver prices.
Sell Gold Spot (XAUUSD)
Sell Range: $4541 - $4546
Targets: $4463 $4453 $4443
Stop Loss: As per risk management
Sell Gold August Futures
Sell Range: $4571 - $4576
Targets: $4492 $4482 $4472
Stop Loss: As per risk management
Conclusion:
1. Gold and silver have recovered strongly over the past two sessions, supported by geopolitical tensions and renewed safe haven buying. However, after the recent sharp rise, profit booking from higher levels cannot be ruled out.
2. Traders may consider protecting profits on existing long positions and remain alert for signs of a short-term correction. Market volatility is expected to remain high, making disciplined risk management essential.
3. Watch price action near current resistance zones, as they may determine whether the rally continues or a profit booking phase begins.
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Commercial User
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Joined Mar 2021
|225 Posts|
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What next g+s? +30lakh/10lot tuesdays g+s profit r u ready? R u still loss g+s? 158k/161k & 260k/275k g+s today operator call rocks no free trial sebi reg
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Commercial User
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Joined Mar 2021
|225 Posts|
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Trend Change---Exit and Book yesterday's sell call Gold and Silver profit.....
Trade and Buy Maxxxx....
158780 to New High 159800 and 263900 to New High 267500 in next few hours....
Profit 21lakh per 10lot before 5pm....
Are you ready???
SEBI Registered Research Analyst....
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Commercial User
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Joined Mar 2021
|225 Posts|
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Gold Hits Targets After Yesterday's Sell Call, Time for a Trend Reversal?
Gold Spot XAUUSD and Gold August Futures continued their decline for the second consecutive session, successfully achieving the targets from yesterday's sell strategy. Traders can review yesterday's analysis and articles, where the downside move in both Gold Spot and Gold August Futures was highlighted.
During the morning European session, precious metals remained under pressure. Gold Spot XAUUSD traded near $4439.10 per ounce, while Gold August Futures traded around $4467.75 per ounce.
According to my view, the recent correction has created an opportunity for profit booking in existing sell positions. It may now be time for a short term trend reversal, with buying interest likely to emerge from lower levels.
Intraday Strategy:
Buy Gold Spot XAUUSD
Buy Range: $4435 - $4440
Targets: $4497 $4507 $4517
Stop Loss: As per risk management
Buy Gold August Futures
Buy Range: $4463 - $4468
Targets: $4526 $4536 $4546
Stop Loss: As per risk management
Conclusion:
After a sharp decline over the last two sessions, profit booking in short positions could support a recovery in gold prices. Traders may watch for buying opportunities at lower levels and remain alert for increased volatility during the upcoming trading sessions.
Hiren Garasondia's Research Gold and Silver