Spot Gold Forecast Report: March Durable Goods Orders data and the Conference Board’s Consumer Confidence Index for April will be featured in the US economic docket on Tuesday. Ahead of Thursday’s first-quarter Gross Domestic Product report, however, investors are likely to ignore Tuesday’s data.
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MCX Gold Trading Tips For Today: Yellow Metal Target Price – 48300—48525 | Buy Gold in Any Fall
MCX Gold Trading Tips For Today: The dollar index wasset forits biggest weekly drop since March 2020, lifting demand forthe greenback-priced bullion among buyers holding other currencies.
Gold Seller Waiting For The Next Lower Level, US Q4 GDP
Gold price is kissing its near weekly lows of $1,809.35, the Fed decision while waiting for the US advance Q4 GDP and Durable goods data. The US economy is likely to have regained steam in Q4, 2021, as the growth is seen at the best level in 37 years, arriving at 5.4% YoY.
Crude oil 1h Elliott Wave Analysis
Crude is very bullish, but five waves up from 77.40 and divergence on the RSI may suggest that new intraday corrective set-back may show up in sessions ahead.
Gold Level: Elliott Wave Analysis
Gold is higher, making nice extensions from the 1782 level; which can be even an impulse, but for now we will stick with wave “c” of C that can be looking for more upside today to complete a red wave degree cycle.
Gold 1h Elliott Wave analysis
Gold Rate Today: Gold Prices, Resistance for gold at Rs 48,945
Gold Rate Today: Gold was trading flat in the international market on December 17 amid weakness in the dollar index and rising unemployment claims in the US.
Nifty Technical Report: Sand Near At 17,400 – Neal Bhai Reports
Nifty Technical Report: After quite some time…two successive losing weeks. The bulls are missing a beat here. As far as intra-week trends go, it was a bit binary – the initial few days a mild attempt to rally and then a surrender on Thursday that saw no recovery on Friday. Not exactly a week of inspiring action for the bulls among us. This is how it panned out across the week.