Danger009

Danger009

3340 is super crucial level for gold. lets see how the first 4H candle behaves. if it breaks 3340 decisively, then we can easily long gold else 3275 is nearby looking. But considering Aug-1, tariff date coming near, i expect flat market till 30th and major volatility coming from Aug 1st, it might push gold to ATH this time.

Danger009

Gold is Bullish. a minor pullback may happen before it continues its leg up. Looking at uncertainty at global level, Gold might push to 3400.

Danger009

Probability of gold becoming minor bullish in coming week. After retesting the price to 3266, it should be going north to 3290. Might face small resistence and then to 3300-3302. Price should take a pullback from that level before going further to 3325 range. There are 2 possible scenarios after 3325. lets see how price action plays out post that.

Danger009

Nifty 50 Index has given a sharp pull back from months lows. But there is a pull back expected but before that Index should touch 25700 and then a 500 point pull back in coming days.