ktra_commodities

ktra_commodities

Scenario takes stage and now it's time.From early Jan to dec,gold almost hits half of its price when hits $2790, Now before 2025,market buyers will taking profit from what thay have made this year. $1980 to 2790. That's huge from all over the period of trade in gold. Fundamentals will support this idea and technical will favour it. As fed signals fewer rate cuts...

ktra_commodities

Gold currently facing bearish pressure after development in geopolitics n feds inflation readings shows they r matching with expectations.this means future rate cuts will be gradual. Untill any new news that disturb the current situation,gold will be on sell. Current resistance $2655-60-80 Current support $2595-75-55

ktra_commodities

Gold now entering into bearish trend.so a little pull up is a good chance to enter into sell.

ktra_commodities

Gold now entering into bearish trend.so a little pull up is a good chance to enter into sell.

ktra_commodities

In this meaning full time of Geopolitics that impacting world market,silver is steady on the basis of China's pbocs huge stimulus package n bullions uninterrupted buying surge by all central banks(gold) while industrial metals never been that far to reach at top. So,here is the deal. New quarter opened,gold n silver r pointing north but exhausted n hitting last...

ktra_commodities

Gold shines much more brighter in a long term...or more sooner... This was my prediction in the 2018 that it might hit 2300-2500 in 2023-24...or even $3000. But once it crosses $3000, there's no way back...5000-10000 all looks so close n so real.while world economy doomed n war like situation held d world on blink n people still not getting realised that sooner or...

ktra_commodities

Gold largely bullish here but feds decision coming. As on 19th,feds most probably chance to get rid off high monetary rates and start relaxing with .25 or .5 bps cuts. But now,traders are confused on wether it is big cut or small rate cut. So we r waiting for it.also a big rate cut decision will definitely pulled out gold from high range to ultra high...

ktra_commodities

Mcx Gold currently at risk on fall,as resistance appears here on top.which form a double top n now market may react it as fall. Overall if market breaks this resistance ,it may go way beyond above 73000-74000+ Or else below Resistance (72200-72600),market will fall towards 70000.

ktra_commodities

Gold may shoot upside soon as never seen before.higher high ssems possible.market awaited one big news and bang...gold demand is soon skyrocketing. As per my analysis I can see it breaks records over record for new high. Technically,gold find support above $2477-2485.above it sets a new levels to achieve. On the other hand,gold next big tgt to achieve is...

ktra_commodities

Gold below all time high resisting itself from going above. It means market now correct itself if go below 2458 n might go for 2440-2400-2380-2360-2330. Although if market breaks upside than,gold will make a new high n go for $2500-2530-2580. Let's see.

ktra_commodities

Gold is consolidating towards short term buying,as rate cut optimisms and big rate cut possibility growing.

ktra_commodities

Gold make invert head n shoulder pattern n looks forward to retain $2348-2365 range.although,$2348-50 is strong resistance but if possibly it breaks $2348 & next $2365,it will return to bullish phase.lets see next week.

ktra_commodities

Currently silver reverse after touching current trendline n looking for correction. Also,if it is breaing up,we might witness another bull run. So, $30.130-29.560 expected in down. If breaks n go beyond trendline, Expected Tgt will be $31.04-31.690 .

ktra_commodities

Silver on a longer term indicating strong pullup from here. It just getting fuel for strong shoot upside. $23-25-27 are the tgt. Make sure not miss the flight. Best wishes.

ktra_commodities

Nifty here standing@support@22020, 38% fibbo. If breaks here it can go to 21880-21750-21540. If getting support here, might touch 22190 again. Overall selling chance higher.

ktra_commodities

Sensex at fibbo support@38.2, 72100,if it breaks, than it might go to 71700-71300-70780 respectively. Where again jumps shows in chart. On the other hand if Sensex finds support above 72100+, it might touch 72600+. Let's se.

ktra_commodities

Crude currently in a rangebound continues with its range which is 6100-6600. Last few days crude following exact same pattern. Now crude on a verge of selling here, as it appears to be on top of the pattern. A shoot above 6600 might trigger buying which can float to 6800-7000-7300. Below 6550-6600, crude is selling & might touch 6300-6200-6140. Hope this chart...

ktra_commodities

Gold now continues with its upside trajectory & waiting for a strong bullish move above $2080. Since rate hike ferry, gold never outline it's shine n since rates peaked at highest ever from last few decades, gold consistently consolidates around it's resistance near $2080. So now, what's next!!! Fed rate cut may soon giving a shot to bulls n gold soon create a...