ktra_commodities

ktra_commodities

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.

ktra_commodities

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.

ktra_commodities

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.

ktra_commodities

As depicted in image, gold follow trend Continuesly. US cpi might gave some boost for bulls, but overall selling on rise continue.

ktra_commodities

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...

ktra_commodities

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...

ktra_commodities

Gold breaks the triangle n now moving to South to get support. Good support :- $1965-1950-1940-1930.

ktra_commodities

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.

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.