Gold Tumbles to One-Month Low as Rates Look Likely to Stay High

Buy Spot Gold Above $1750 Target Price $1775—$1792 | Neal Bhai

The spot gold technical outlook remains bearish with gold failing to break above the 20-day SMA for the 18th straight trading day. Additionally, the Relative Strength Index (RSI) indicator on the daily chart stays slightly below 50, confirming the view that sellers are looking to remain in control of gold (Yellow Metal) action.

READ MORE →

Gold MCX Tips Today

Gold MCX Tips Today Hit High 46677 | Neal Bhai MCX Guru

The gold (yellow metal) has clearly broken the resistance of the channel down pattern. It occurred in a sharp four hour jump, which also passed the resistance of the 55, 100 and 200-hour simple moving averages. Eventually, the metal’s price was stopped by the 1,765.00 level’s resistance.

READ MORE →

डॉलर में तेजी के साथ चांदी एक साल में सबसे निचले स्तर तक पहुंच गई

डॉलर की बढ़त के साथ चांदी की गिरावट एक साल से अधिक समय में सबसे निचले स्तर पर पहुंच गई। सोना एक महीने से ज्यादा के निचले स्तर पर आ गया है।  

READ MORE →