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.

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Gold Elliott Wave Analysis

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

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Buy Nifty Above 15500, Target Price 16000—16200 [Buy on Dips]

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.

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