Gold and Silver – Kya Lagta Hai
Short-term View (up to 1 week) – Negative– Gold and Silver prices arec ontinuously getting support on uptrend line. As prices have runup too fast, some profit-booking is expected.
Long-term View (3-4months) – Positive – – Gold has made Inverse Head and Shoulder pattern on daily charts. Neckline resistance is $1820. If prices sustain above it, target would be $2020.
SPOT PRICES
SPOT Gold Hourly Price Chart
SPOT Silver Hourly Price Chart
Important News and Triggers
Bullion price retreat as new US employment data sends hawkish signal
- International News – Bullion prices slipped by more than 1%, putting an end to its New Year rally, as the latest release of US labour market data boosted expectations of higher interest rates for longer.
- Economic data – New employment data shows that the number of Americans filing new claims for unemployment benefits dropped to a three-month low last week while layoffs fell 43% in December, pointing to a tight labour market
Category: Daily Report
6 Comments. Leave new
Your article helped me a lot, is there any more related content? Thanks! https://accounts.binance.com/cs/register?ref=IJFGOAID
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good. https://accounts.binance.info/es-AR/register?ref=UT2YTZSU
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
From sports betting to lottery tickets, gambling has many faces. Casino favorites include blackjack, poker, and slot machines. Online nodapaycasino.net options are growing, and nodapaycasino offers numerous games, bonuses, and live tables. Card games, bingo, and horse racing continue to draw players seeking fun and fortune.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.