Page 2 - Praveen Singh

Gold outlook: Analyst suggests trading strategy ahead of Dhanteras

As gold is in an unchartered territory, it is difficult to forecast prices; however, a breach of $4,300 level will open a way to $4,500 (MCX December contract ₹1,36,000) a - a psychological resistance

Silver may trade with positive bias, yet extreme volatility likely: Analyst

London market tightness is expected to ease as silver starts flowing from New York. However, demand remains quite strong as reflected by huge ETF inflows

Silver trading strategy: Here's how to trade Silver today; check key levels

Huge surge in silver ETF inflows is the major driver of this stunning ongoing silver rally as Fed rate cut expectations boost investors' sentiments

Gold may dip on stronger dollar; support lies at ₹1,11,500-₹1,10,800 levels

Gold may correct lower on a firmer Dollar as Fed largely remains cautious on rate cuts going forward. However, downside is expected to be limited

Here's how to trade Silver on September 19; check resistance, support here

Spot silver closed with a loss of over 2 per cent at $41.67 MOz on September 17 as the US Dollar Index and bond yields spiked higher on the Fed Chair Powell's comments in his post FOMC presser

Gold outlook: Rate cut supports long-term upside; buy on dips, says analyst

Spot gold hit a new record high of $3,707 on September 17 as the US Federal Reserve cut the Fed Fund overnight rate by 25 bps to 4-4.25 per cent range and signalled two more rate cuts by the end of th

Silver trading strategy: Here's how to trade Silver today; key levels here

Praveen Singh, head of currencies and commodities at Mirae Asset Sharekhan, sees a weakening US labour market as a potential source of concern for the metal

Gold rally likely to have more upside; check strategy, target here

Gold outlook: The yellow metal is likely to rise to $3800 (Rs 115,000) in the coming months, with support at $3600, according to Praveen Singh

Silver outlook positive; ₹122,000 acts as key support, ₹131,000 next target

Silver outlook continues to remain constructive on rate cut expectations, huge ETF inflows, elevated geopolitical and economic risks. Strength in gold bodes well for silver.

Gold likely to remain firm; near-term support at $3,500, other levels here

Gold outlook: As the Fed Chair Powell's focus has shifted from inflation to the weakening US job market, the US monthly job report will be critical for gold for short-term trading.

Here's how to trade Silver on September 3; check resistance, support here

Strong ongoing rally in Chinese equities is mostly positive for the grey metal. CSI33 Index has rallied over 27 per cent from its April low.

Gold strategy on Sept 3: Support at ₹103,500; Resistance at ₹109,500

Gold outlook: Spot gold continues to find robust support from a confluence of macroeconomic factors, chief among them being the rapidly deteriorating fiscal landscape in major economies.

Trading Strategy: Here's how to trade Silver today; key levels to watch

Praveen Singh, head of currencies and commodities at Mirae Asset Sharekhan, recommends buying on dips rather than chasing the rally. He also advises closely monitoring the geopolitical situation

Gold outlook: Analyst suggests 'buy on the dips'; check support, resistance

Praveen Singh, head of currencies and commodities at Mirae Asset Sharekhan, has shared his outlook for the yellow metal

Silver faces ultra short-term pressure; strong ETF inflows to lend support

In ultra short-term, spot silver is likely to be under pressure on reduced safe haven demand and a firmer US Dollar

Gold rate outlook: Will yellow metal decline further? Analyst predicts this

Gold is under pressure from geopolitical factors as traders expect that the US-driven peace efforts may lead to a breakthrough in the Ukraine war talks

Trading Strategy: Here's how you should trade Silver today; details

Silver trading strategy: Healthy risk appetite on US-China trade truce extension and surging risk assets would continue to support the metal into the dips.

Gold outlook: Track key support, resistance amid mixed market signals

Gold trading strategy: In the near-term, safe haven demand is somewhat subdued due to US-China trade truce extension and hopes from the upcoming US-Russia meeting in Alaska.

Gold outlook: Buy dips amid rate cut hopes, trade frictions; key levels

Gold faces a strong resistance at $3420 (₹102,300 at INR/USD rate of ₹87.43) as posed by the 4-month-old trendline.

Silver strategy today: Key trading levels, support, resistance to watch

Silver rally is primarily being driven by risk sentiments as expectations of rate cuts buoy the risk assets. Another supporting factor is healthy ETF inflows.