Page 11 - Praveen Singh

How to trade Gold ahead of US Fed's policy move? Check trading strategy

Spot gold was trading with a loss of around 0.45 per cent at $2,570 at the time of the MCX closing. The MCX October gold contract closed at Rs 73,150 (LTP), down 0.49 per cent.

Silver trading strategy today: Buying the dips recommended; key levels here

On Thursday, spot silver rallied to a nearly three-week high on Fed rate cut bets and firmer industrial commodities.

Gold trading strategy: Support seen at Rs 73,000; Resistance at Rs 75,200

After consolidating in the $2470-$2530 range for nearly three weeks, spot gold rallied to a fresh record high of $2555 on Thursday.

Silver trading strategy today: Buying on dips suggested; Resistance at $30

Spot silver was steady around $28.30 at the time of the MCX closing. The MCX December silver contract at Rs 73,700 was up around 0.07 per cent.

Gold trading strategy today: Resistance at $2,550; Support at $2,446

Spot gold was trading with a gain of around 0.20 per cent at $2514 at the time of the MCX closing. The MCX October gold contract at Rs 71,903 (LTP) was up 0.38 per cent.

Outlook: MCX Silver can rally to Rs 88,500; focus on US nonfarm payroll

Silver futures had gained 2 per cent in Thursday's trading session amid rise in the US yield.

Gold: Buy the dips; key resistance at $2,550 in focus for yellow metal

Spot gold was trading with a gain of 0.78 per cent at $2,515 at the time of the MCX closing. MCX October gold was at Rs 71,948 (LTP), up 0.67 per cent on the day

Silver prices remain vulnerable amidst weakness in industrial commodities

Silver price outlook by Sharekhan: Silver continues to lag gold as investors are concerned about the global economy, especially the Chinese and the US economies

Gold strategy: Yellow metal mildly lower; analysts advise buying the dips

Spot gold was trading with a slight loss of 0.19 per cent at $2,468 at the time of the MCX Closing

Silver remains vulnerable to US, China economic growth concerns

Silver price outlook by Sharekhan: Silver is expected to be volatile on contrasting factors like slowdown in China, US recession concerns, volatile yields and US rate cut speculations.

Here's why Gold prices may decline; Support seen at Rs 69,400

Gold outlook by Sharekhan: The MCX Gold futures are expected to trade in the range of Rs 68,200 and Rs 70,700 in near term, analyst Praveen Singh.

Trading strategy today: Silver may test support of Rs 76,200 in near-term

How to trade silver today: Silver has been one of the weakest commodities this month as risk aversion continues to linger

Gold to stay volatile amid Yen unwinding; Sharekhan shares trading strategy

Gold price today, August 7, 2024: Barring any major developments on the geopolitical front, gold may slide further

Gold price outlook turning constructive on hopes of rate cut: Sharekhan

Gold prices likely to be volatile and choppy ahead of the key US macroeconomic releases, says analyst at the brokerage firm.

Silver Price Outlook: Global economic worries weigh, says Sharekhan

Buying the dips with appropriate stop-losses is likely to be preferred strategy for Silver as the US nonfarm payroll report looms, says Praveen Singh of Sharekhan by BNP Paribas.

How to trade Gold ahead of US Fed outcome today? Check key levels here

Gold trading strategy today, July 31: Unless the US Fed is outrightly dovish, Gold is expected to fall in the coming days. Support for MCX October Gold contract is at Rs 67,600/Rs 66,200

Trading strategy, July 31: Silver may consolidate gains before Fed outcome

How to trade Silver today: As the markets have already discounted September rate cut by the US Fed, the metal may fall unless the Fed gives clear guidance on possible rate cuts going forward

Silver trading strategy today, July 17: Buy dips near Rs 90,000-91,500

Silver support, resistance levels: Silver is expected to test the $35 mark on rate cut bets. Traders are expected to continue to buy into dips

Gold Strategy: Buy dips; resistance at Rs 75,400, support at Rs 73,000

Spot gold surged to a fresh record high of $2465 on July 16 as traders continued to pile into the metal on Fed rate cut bets.

Silver trading strategy today: Metal may test Rs 98,000 on MCX. Check here

Silver price target today, July 12: The white metal is expected to trade with a positive bias on rising odds of multiple rate cuts this year