ktra_commodities

ktra_commodities Mar 19

### **Gold Futures (MCX) 4H Chart Forecast** #### **Key Levels:** - **Resistance:** - **89,500 - 91,000 INR** (Upper boundary of the trend channel) - **Support Zones:** - **87,930 INR** (First minor support) - **86,665 - 86,149 INR** (Stronger support) - **85,000 INR** (Major downside target) #### **Technical Outlook:** - Gold futures are...

ktra_commodities Mar 19

### **Gold Spot (XAU/USD) 4H Chart Forecast** #### **Key Levels:** - **Resistance:** Around **3,120 - 3,160** USD (Upper boundary of the trend channel) - **Support Zones:** - **3,011 - 2,961** USD (First support) - **2,930 - 2,911** USD (Stronger support) - **2,880 USD** (Major downside target) #### **Technical Outlook:** - The price is currently...

ktra_commodities Mar 17

**Gold (XAU/USD) 1H Chart Forecast & Analysis:** This chart shows the **1-hour timeframe** of Gold Spot (XAU/USD) with a **trend channel** and **potential price movement projections**. ### **Key Observations:** 1. **Uptrend Channel:** - The price has been moving within an **ascending channel (blue zone)**, indicating a **strong bullish trend**. ...

ktra_commodities Mar 17

Gold consolidating here after breaking $3000. ### **Forecast & Analysis:** 1. **Current Trend:** - Gold is in an **uptrend**, as seen from the sharp price rise and price holding above key moving averages. - The price is consolidating near the **$3,000 resistance** after a strong bullish rally. 2. **Support & Resistance Levels:** -...

ktra_commodities Mar 13

*Gold Trading Forecast Based on Chart Analysis* **Current Market Overview:** - **Gold Price:** $2,973.21 (as per chart) - **Trend:** Uptrend within a rising channel - **Recent Pattern:** Breakout from consolidation zone (highlighted in beige) **Support & Resistance Levels:** - **Immediate Resistance:** $3,000 (psychological level & upper channel boundary) -...

ktra_commodities Feb 25

Gold is moving in a range,upside seems possible but also here it entered in overbought category. Trump tarrif policy affect will boost it but if market breaks this range,downside will starts. Let's be honst here,market is in nowhere zone and its near at resistance $2965 while downside is open to fall anywhere. If this week candles closed above $2965-70,we might...

ktra_commodities Jan 31

Gold might take a little rest here n fall in b/w channel as obvious. These are some of gold support levels,which I do not expect much or less than this. Gold support@$2770-2730-2660 TGT,$2850-2900. Overall I'm totally bullish.

ktra_commodities Jan 30

As I said in my recent post,it was a last chance for bears to hold d ground but it didn't happen,as formation of head n shoulder pattern breaks imidiately n convert into buy. My tgt $2810-2845-2900 Support $2770-2750

ktra_commodities Jan 29

Gold makes head n shoulder pattern here,that's a last chance I think for bears to survive n retain d position as main rider. Gold support $2725-2702 Resistance $2770

ktra_commodities Jan 22

Gold continues what's it's called for safe heaven money.dont afraid to buy on dips,it will always makes you wealthier. Ok,now after trup policy threatening the whole around the world system,it's absolute choice to invest in gold. Also,my trendline works fine since it's upside breakout.n here is its showing another bullish sign for another cycle of bullrun. Tgt...

ktra_commodities Dec 31, 2024

From the chart, we can observe key indicators like moving averages, support, and resistance levels. To predict the next price direction: 1. **Current Price**: The gold price is near $2,609, testing the support level. 2. **Key Support Levels**: - $2,618.889: Acting as immediate support (blue line). - $2,485.654: A stronger support further below (purple...

ktra_commodities Dec 20, 2024

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 Nov 28, 2024

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 Nov 15, 2024

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

ktra_commodities Nov 15, 2024

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

ktra_commodities Oct 4, 2024

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 Sep 26, 2024

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 Sep 16, 2024

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...