Gold’s broader trend remains constructive, but the sharp rally has pushed prices into a crucial resistance. Gold price prediction today: Gold prices have rallied and the precious metal is now likely to see some profit booking, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.MCX Gold October futures are witnessing profit booking…
MCX Gold has initiated a bullish bias following a breakout from the consolidation. Gold and silver price prediction today: Both gold and silver prices are showing a bullish bias over the last few sessions, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook MCX Gold has initiated a…
Technically, gold prices are near the breakout level of $4,400 with $4,490/$4580 as the next upside level. Gold price prediction today: Gold prices are seeing positive momentum, and while silver has outperformed gold so far this August, the profit taking risk is rising, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares…
For gold, from a technical standpoint, the 8-period EMA continues to trade above the 21-period EMA, Gold price prediction today: The technical structure for gold is bullish and prices are expected to go up, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.MCX Gold October futures continue to trade with a positive…
Gold is targeting 148,000 and 152,000 as the immediate resistance levels. Gold and silver price prediction today: Gold prices are showing some bullish bias while silver prices are also seeing some recovery, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook MCX Gold has breached from its consolidation…
Gold appears to be transitioning from a sharp correction into a consolidation phase. Gold price prediction today: Recent gold price trends suggest that the worst of the downside may be behind us, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.After a volatile July, gold finally showed signs of…
Gold price prediction today: Gold prices will continue to be influenced by US-Iran talks and macroeconomic data in America which would likely provide direction to the Federal Reserve on its rate decisions, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
Gold has shown signs of stabilising after a prolonged corrective phase, with prices rebounding from recent lows and moving back above the 20-day average. Gold price prediction today: Gold prices are showing signs of stabilising after a prolonged phase of correction, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices…
The spotlight this week is firmly on today’s FOMC policy decision, which is expected to set the tone for gold’s next major move. Gold price prediction today: Both gold and silver prices are expected to be volatile this week ahead of the US Federal Reserve’s policy, says Vedika Narvekar, Research Analyst – Commodities & Currencies,…
Gold price prediction today: Gold prices are rising but are still not out of the woods, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
