Instrument: GOLD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1876.80 with take profit at 1884.72. Alternative scenario: Sell position is envisaged if price trades below 1866.22 with take profit at key level 1860.50. Fundamentals:No major economic data with direct bearing to this commodity. Comment: Gold keeps on reaching new unprecedented highs it last …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 44.28 with take profit at 44.67. Alternative scenario: Sell position is envisaged if price trades below 43.73 with take profit at 43.34. Fundamentals:3:30pm USD Crude Oil Inventories. Comment: Although Oil prices fell in the early session due to oil inventory expectations, price could not …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 26801 with take profit at 26886. Alternative scenario: Sell position is envisaged if price trades below 26651 with take profit at 26540. Fundamentals:No major economic data with direct bearing on the commodity. Comment: Bullish trend of US30 is expected to continue after price bounced …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 43.00 with take profit at 42.86. Alternative scenario: Buy position is envisaged if price trades above 43.30 with take profit at 43.44. Fundamentals:No fundamental with direct impact on the commodity Comment: Oil is moving down based on bad sentiments from the OPEC meetings and …
Instrument: GOLD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1803.05 with take profit at key level 1800.50. Alternative scenario: Buy if price trades above 1808.05 with take profit at 1813.02. Fundamentals:USD 1pmCore Retail Sales m/mRetail Sales m/m Comment: Gold is expected to trade bearish after news of more COVID vaccine tests have been …
Instrument: GOLD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1810.29 with take profit at key level 1815.15. Alternative scenario: Sell if price trades below 1806.07 with take profit at 1801.21. Fundamentals:No fundamental with direct impact on the commodity. Comment: Gold was marginally down on Wednesday in Asia, reversing its earlier gains. But the …
Instrument: GOLD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1804.72 with take profit at key level 1810.84. Alternative scenario: Sell if price trades below 1790.54 with take profit at 1781.35. Fundamentals:CPI m/m (USD) 1:30 pmCore CPI m/m (USD) 1:30 pm Comment: The yellow metal has seen its price spike due to market instability …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 42.65 with take profit at 41.91. Alternative scenario: Buy position is envisaged if price trades above 43.13 with take profit at 43.54. Fundamentals:No major economic data with direct bearing to this commodity. Comment: Black gold gaped down on opening this week as expectations of …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: BUY position is envisaged if price trades above 41.75 with take profit at 42.09 Alternative scenario: SELL position is envisaged if price trades above 41. 46 with take profit at 41.15 Fundamentals:No major economic data with direct bearing to this commodity Comment: Prices have started to fall in recent times and this …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 43.18 with take profit at 43.61. Alternative scenario: Sell position is envisaged if price trades below 42.63 with take profit at 42.26. Fundamentals:Crude Oil Inventories (US) 3:30 PM Comment: Black gold closed bearish in the session yesterday as report from the American Petroleum Institute …
