goldandsilverviews

Spot Gold Expected Trading Range in next week... 2410-2420$ in upper side & 2365-2370$ in downside

Powell Coming at 11:30 p.m.

Mcx gold low 71200

Spot gold tested 2337$ yesterday & now trading at 2312$.... expected below 2300$ soon

Spot gold Expected Trading Range in this week... 2340-2345$ in upper side & 2290-2280$ in downside

*SPOT GOLD UPDATES* ------------------------- *Expected trend on monday:* *MAJOR RESISTANCE LEVELS* : 2420$ - 2430$- 2445$-2460$ *MAJOR SUPPORT LEVELS* : 2397$- 2390$ - 2375$ - 2350$ *NOTES:-* - Friday gold market was a bullish day and gold taken support above 2374$ which was strong Support level . - For monday market may test downside correction extending till 2400$ - 2390$ - If spot gold hold & trade above that level than buyers may take market upside in US session towards 2420$- 2430$- 2445$ levels - On the downside if Spot Gold breaks the support of $2390 than traders may expect a downward selling till : 2375$- 2350$- 2335$

*SPOT GOLD ANALYSIS* Gold remains in the big range between $2330 to $2280. *POINTS TO BE NOTED* - Yesterday Spot Gold made a good resistance at $2330 hence till the time gold is below that level , its best to sell gold from high and target lower support levels of $2306 - $2292 - $2280. - On the other side if Gold breaks the resistance of 2330$ then traders are advised to stay cautious as there is an diminishing parallel channel coming which can act as a selling trigger. - Buyer are advised to stay on side line and buy only from strong supports such as $2280 with strong stop loss.

*SPOT GOLD ANALYSIS* Gold trading in the bearish pattern currently having a good resistance above 2328 level. *KEY POINTS TO KEEP IN MIND WHILE TRADING GOLD THIS WEEK* - If Gold sustains above the support of $2305 than we can see an upward rally targeting $2328 level once again . - If gold breaks the resistance of $2328 and sustains above it than we can see an extra corrective trend till $2356 to $2365 range from there we can notice a downward trend. - On the other side if Gold breaks the support of $2305 than we can see a new downward rally extending till $2280 support . - If Gold breaks $2280 Support and sustains below it than we can see new monthly lows of $2250- $2240range. *Long Traders are advised to maintain proper risk management in such volatile market*

🇮🇱 🇮🇷 Israel's attack on Iran - Timeline of Events: • Explosions reported in Iran. • United States officials confirm Israel attacked Iran. • Iran shuts down airspace in several regions following Israel's attack. • Iran activates air defense systems. • Oil prices rise 4% following Israel's attack on Iran. • Iranian Airports Authority announces suspension of flights at Tehran, Isfahan and Shiraz airports. • Iranian officials claim all explosions heard in Iran are due to interceptions and no Israeli missiles hit targets on the ground. • Iran says there was no missile attack. • US officials confirm Israeli missiles hit Iran. • Iran reopens airspace.

Both side news coming... Game bada hoga kisi bhi side ho sakta hai