TECHNICAL VIEW ON INDICES 04 AUGUST 2022 THURSDAY

August 4, 2022 Uncategorized by Sylvie Wilson

US30 is trading in a narrow range of 32750-32850. Key support zone for today lies around 32650 while on the upper side, key resistance zone is around 32950-33000 above which it can give fresh breakout. In yesterday’s session, Recession fears maintain the US Treasury yield curve inverted, and the difference between the 2-year note and
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XAUUSD (GOLD) ANALYSIS 04 AUGUST 2022 THURSDAY

August 4, 2022 Uncategorized by Sylvie Wilson

Trading range of XAUUSD for today is 1762-1774. It is facing resistance around the level of 1775, if it breaks then next resistance will be around 1780, then around 1790 while on the downside, it is taking support multiple times from the range of 1750-1755. Following the appearance of a stop in the U.S. dollar’s
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TECHNICAL VIEW ON INDICES 03 AUGUST 2022 WEDNESDAY

August 3, 2022 Uncategorized by Sylvie Wilson

Trading range of US30 for today is 32400-32550. It is forming rounding top on the hourly chart which can cause short term profit booking but traders need to worry less as long as, it is trading above 32400. Key support range for today is 32380-32400 then 32200 while on the higher side key resistance is
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XAUUSD (GOLD) ANALYSIS 03 AUGUST 2022 WEDNESDAY

August 3, 2022 Uncategorized by Sylvie Wilson

XAUUSD is trading in the range of 1755-1770. Key support area on the downside for today is 1750-1755 while on the upside if it goes above 1771 and stays above that level, then it can give buying opportunity with a target of 1780, then next resistance is 1788. The precious metal saw a correction wave
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TECHNICAL VIEW ON INDICES 02 AUGUST 2022 TUESDAY

August 2, 2022 Uncategorized by Sylvie Wilson

Trading range of US30 for today is 32650-32820. Key levels to look for today on the upper side are 32800, then 32950 while on the lower side key support areas are 32600 then 32500. Ahead in the session, investors will be watching fresh earnings data companies such as Starbucks Corporation (NASDAQ:SBUX), PayPal Holdings Inc (NASDAQ:PYPL), Caterpillar Inc (NYSE:CAT) and
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XAUUSD (GOLD) ANALYSIS 02 AUGUST 2022 TUESDAY

August 2, 2022 Uncategorized by Sylvie Wilson

Trading range of XAUUSD (GOLD) for today is 1770-1781. Key support zone for today lies in the range of 1765-1767 while on the upside if Gold goes above 1781 and then sustains above that level, it can give good opportunity to buy with a target of 1790. Gold prices are up for today as signs
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TECHNICAL VIEW ON INDICES 01 AUGUST MONDAY

August 1, 2022 Uncategorized by Sylvie Wilson

US30 is trading in the range of 32700-32850 for the day. Key resistance levels on the upside, to look for are 32900 and 33000 while on the downside, key support areas are around 32600 and 32500. Before the JOLTS job opening data in U.S.A., data compiled by Crunchbase said, more than 32,000 workers in the
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XAUUSD (GOLD) ANALYSIS 01 AUGUST 2022 MONDAY

August 1, 2022 Uncategorized by Sylvie Wilson

Trading range of XAUUSD (Gold) for today is 1758-1767. If XAUUSD goes above 1767 and sustains above that level then major resistance will be around 1773 then 1785 while on the downside, if XAUUSD goes below 1756 then next support is in the range of 1750-1752. On the assumption that US Nonfarm Payrolls (NFP) would
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TECHNICAL VIEW ON INDICES 29 JULY 2022 FRIDAY

July 29, 2022 Uncategorized by Sylvie Wilson

US30 is trading flat in early trading hours. Trading range of US30 for today is 32500-32640. On the upside, major resistance is at 32650 levels while on the downside 32450 will act as major support. Earlier yesterday, U.S.A. GDP data were released in which GDP fell at a 0.9% annual rate in the second quarter.
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XAUUSD (GOLD) ANALYSIS 29 JUL 2022 FRIDAY

July 29, 2022 Uncategorized by Sylvie Wilson

XAUUSD gained on Friday morning in Asia as expectations of aggressive interest rate hikes from the U.S. Federal Reserve receded. U.S. Gross Domestic Product (GDP) released on Thursday fell at a 0.9% annual rate in the second quarter. XAUUSD is forming rising channel on hourly chart. Trading range of gold for today is 1751-1766. The immediate
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