Flat opening expected in nifty. After opening if nifty starts trading above 23800 level then possible it will consolidate in between 23800-24000 level. Below 23750 downside expected upto the 23500 level. 24000 level will act a strong resistance for today's session. Any upside rally can reversal from this level.
All bets are off until further notice following the Fed day rout. That said, it has been and continues to be the case that any meaningful improvement in rates will require downbeat economic data and softer inflation. At this point in the year, we're waiting until early January for the next major shoes to drop (NFP and CPI, specifically).
This analysis centers around the CRV/USDT trading pair. By comprehensively considering multiple factors such as historical price movements, trading volume changes, technical indicators and the macro market environment, it delves deeply into the underlying logic of price trend formation, dissects the driving forces behind the volatility, and attempts to discover the potential investment opportunities therein. The aim is to provide cryptocurrency traders and investors with a comprehensive and in-depth interpretation of the CRV/USDT market and a reference for decision-making
Amid sluggish trading during the holiday season, OANDA:XAUUSD decreased slightly, dragged down by the strength of the US Dollar and high US Treasury bond yields. And the market needs to wait for clearer signals from the Federal Reserve's 2025 monetary policy. Although the Federal Reserve cut interest rates by 25 basis points last week, this signaled fewer rate cuts in 2025, sending gold prices to their lowest since mid-month 11 last week. While non-yielding gold benefits from the low interest rate environment, the market will need to readjust expectations for the year ahead. The Federal Reserve's hawkish stance and fewer interest rate cuts in 2025 have weighed on gold prices, and gold will face pressure during the holiday week. Interest rate cuts initially boosted gold prices, but the Fed's forecast of only two rate cuts by 2025 (down from four in September) sparked a sell-off that sent gold prices to lows. lowest since mid-November. With economic data limited this week due to the Christmas holiday, gold prices are expected to remain in a tight range. Liquidity remains low, reducing volatility and keeping price action subdued. Gold has hit multiple record highs this year and is up 27% year to date, its best annual gain since 2010, thanks to strong central bank buying, geopolitical tensions and monetary policy monetary easing by major banks. President-elect Donald Trump will take office on January 20. The market is about to return to trading in a Donald Trump environment, we cannot forget the trading period when he was in office, how the market fluctuated with his emotions on each line. https://www.tradingview.com/chart/XAUUSD/aP1N27dT-GOLD-rebound-and-limited-trading-week-with-Christmas/ Analysis of technical prospects for OANDA:XAUUSD On the daily chart, gold continues to maintain activity below the confluence resistance area noted by readers in yesterday's publication at the upper price channel edge and the 0.618% Fibonacci level, to maintain the trend. main discount. While the recovery has been limited, gold is also trading above the $2,613 technical level, and gold could fall a bit further with a target of around $2,591 as it is sold below $2,613. The relative strength index (RSI) is operating below 50, which should be considered a negative signal for the trend of gold prices. During the day, as long as gold remains below the EMA21, the upper price channel edge and the 0.618% Fibonacci, it remains inclined towards a bearish outlook with notable technical points listed as follows. Support: 2,613 – 2,600 – 2,591USD Resistance: 2,634 – 2,643USD SELL XAUUSD PRICE 2646 - 2644⚡️ ↠↠ Stoploss 2650 →Take Profit 1 2639 ↨ →Take Profit 2 2634 BUY XAUUSD PRICE 2594 - 2596⚡️ ↠↠ Stoploss 2590 →Take Profit 1 2601 ↨ →Take Profit 2 2606
LSK ~ 1W #LSK So far it continues to maintain this support block,. If you want to buy this coin back,. This support block is a good buying place for now.
Today will be flat opening expected in index. After opening banknifty will be trade in between the consolidation zone of 51050-51450 level. Any major upside rally expected if banknifty starts trading and sustain above 51550 level. Downside only expected if banknifty gives breakdown of 50950 level.
Looks like a possible breakout from a bullish triangle but we are missing some key confirmations. Can it stay above break point (~18.20) next session? And where is the volume??
This is a weekly chart of NASDAQ:IBIT , which allows convenient exposure to BTC via traditional brokerages. Since the Trump election euphoria has waned a bit, we are now seeing a retracement, which, based on the Fibonacci framework I use will offer an excellent long entry around the $45 level, should it get there. That would be just above the 50% Fib retracement level and would fill a gap (indicated by the green rectangle). With many catalysts/macro factors at play it is my opinion that exposure to BTC would be prudent for every investor, and this price level would be a gift if it gets there. Merry Christmas.
Not a BHS recommendation. Just Sharing my idea. CSELK:RIL.N0000 - The overall weekly trend is uptrend. Timeframe - Daily Higher High is formed @13.80 and Retracement is already happening Possible reversal between 12.5-12.4 (From the highlighted red box) Confirmations for the reversal: Close to Fibonacci golden pocket Hidden bullish divergence is formed Fundamentals: NAV is according to the latest financial statement (2024 Sept quarter) is 25.52. So PBV is below 1. RIL has 51% ownership of CSELK:UML.N0000 Expecting to reach the Price to 15, which is the next daily resistance. The uptrend resistance might also intercept this resistance level at 15.
XAUUSD may follow a potential consolidation path, moving within a defined range as investors closely monitor global economic indicators, shifts in interest rate policies, and ongoing geopolitical tensions, all of which could influence market sentiment and the broader outlook for gold prices.