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.
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Gold Price Could Remain Volatile in Range Between $1,742—$1,806
Gold price snapped its three-day recovery momentum and returned to the red on Wednesday, hurt by the US Federal Reserve’s (Fed) hawkish surprise and the renewed optimism over China Evergrande repayment story. In the early part of the day, gold remained in a consolidative mode in familiar ranges around $1778, in a typical pre-Fed caution trading.
Bharti Airtel Ltd Slips As Board Mulls Capital Raising Options
Shares of Bharti Airtel Ltd. declined nearly 3% to Rs 595.35 apiece after the company announced that it will consider various capital raising options on Sunday.
Silver Price Should Bounce Very Soon | Gold Silver Reports
Silver price has retested a historical support and is ready to follow up a long trade. We can see a daily confirmation of buyers in the POC zone. If the market makes a bounce in the zone we could see a retest of M L3 and M H3 levels. M L3 is 24.83 and 26.09 could be the target. For bulls to win this swing the price needs to stay above 23.00.
Commodities Weekly Technical Research Report 28 — 01 January 2021 – Gold Silver Reports
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MCX Gold Tips – Yesterday Gold Sell @47336, Watch Low 46967 = 350 Point Down – Neal Bhai
MCX Gold Tips – Yesterday Gold Sell @47336, Watch Low 46967 = 350 Point Down – Gold and silver witnessed profit booking in the early hours of trade on Wednesday even as coronavirus cases in India mounted and tensions escalated between India and China.
MCX Nickel Target 920 Full Hit 855 to 927 Enjoy – Neal Bhai Reports
MCX Nickel Target 920 Full Hit 855 to 927 Enjoy – Neal Bhai Reports
MCX Nickel Trading Tips : MCX Nickel Target Level 900—920, Above 800 Level Any Panic buy