Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent. “The time has come for policy to adjust,” the central bank leader said in his much-awaited keynote address at the Fed’s annual retreat in Jackson Hole, Wyoming. “The direction of… Read More »
COMEX Gold surged to a record high of $2,538.7 per ounce driven by strong demand for safe-haven assets amid geopolitical tensions and economic concerns. Market fears were heightened by the potential for retaliatory strikes from Iran following Israel’s attack on Hamas officials in Iranian territory. Additionally, the escalating conflict between Ukraine and Russia added to… Read More »
Gold prices hold steady above $2460/oz after their biggest one-day increase in three weeks, buoyed by US jobless claims data that eased fears of a severe economic downturn MCX GOLD Gann Angle Chart Gold has heading towards its 3×4 Gann Angle resistance @71500 MCX GOLD Supply Demand Zone MCX GOLD Supply Demand Chart : Demand… Read More »
Comex Gold held steady above $2400/oz as cooler than expected US inflation data bolstered expectations of a rate cut in September US Core CPI rose by 0.1% month-over-month, marking its smallest increase since August 2021, and increased by 3.3% year-over-year, the slowest pace in over three years. MCX GOLD Gann Angle Chart Gold is facing… Read More »
Comex Gold extended gains amid rising bets that the Federal Reserve will trim interest rates before year-end after poor US economic data MCX GOLD Gann Angle Chart Gold has heading towards its 4×3 Gann Angle resistance @73600 MCX GOLD Supply Demand Zone MCX GOLD Supply Demand Chart : Demand in range of 71875-71800,… Read More »
MCX GOLD Gann Angle Chart Gold has closed below its 4×3 gann angle MCX GOLD Supply Demand Zone MCX GOLD Supply Demand Chart : Demand in range of 71203-71108, Supply in range of 71729-71800. MCX GOLD Harmonic Analysis ABCD pattern is completed and price can retrace towards 69307. GOLD Astro/Gann Trend… Read More »
MCX GOLD Gann Angle Chart Gold has closed below its 4×3 gann angle MCX GOLD Supply Demand Zone MCX GOLD Supply Demand Chart : Demand in range of 70275-70108, Supply in range of 71221-71300. MCX GOLD Harmonic Analysis ABCD pattern is completed and price can retrace towards 69307. GOLD Astro/Gann Trend Change Date… Read More »
MCX GOLD Gann Angle Chart Gold has closed below its 4×3 gann angle MCX GOLD Supply Demand Zone MCX GOLD Supply Demand Chart : Demand in range of 70275-70108, Supply in range of 71221-71300. MCX GOLD Harmonic Analysis ABCD pattern is completed and price can retrace towards 69307. GOLD Astro/Gann Trend Change Date 27 May… Read More »
MCX GOLD Gann Angle Chart Gold has closed at its 4×3 gann angle cosolidating after big gains in april. Price can see major move at 08 May. MCX GOLD Supply Demand Zone MCX GOLD Supply Demand Chart : Demand in range of 70275-70108, Supply in range of 71221-71300. MCX GOLD Harmonic Analysis ABCD pattern D… Read More »
MCX GOLD Gann Angle Chart Gold has closed above its 4×3 gann angle and continue to trade within 12 April gann time cycle High and Low. Next Week Mercury Retro is getting over 25 April suggesting we can see move after 25 April. MCX GOLD Supply Demand Zone MCX GOLD Supply Demand Chart : Demand… Read More »