Dollar Index
Sell Around 104.60
Downside Targets Looks 104.20–103.70
Stop loss Above 105.10
XAUUSD
Buy above $2350
Upside Target Looks $2370 -~-$2390
Stop-loss below $2425
XAGUSD
Buy above $31.00
Upside Target Looks $32.00 —$33
Stop-loss below $30
COPPER
Buy above $4.90
Up side Targets Look $5.10—$5.30
Stop Loss below $4.75
CRUDE OIL (WTI)
Crude Oil is Trading Around $78.15!!
Sell below $ 77.80
Down side Target $77.00- $76
Stop-loss Below $81
(Yesterday we recommend sell below 77.80
1st and 2nd Target almost Achieved 76 )
NASDAQ
Buy above 17800
Upside Target Looks 18000–18200
Stop-loss Below-17600
S&P 500 E-Mini
sell around 5280
Stop loss above 5350
Down side Target Looks 5230–5150
TOP PICK-EURNZD
Sell below 1.7718 Stop Loss above 4.7776 Target- 1.7690
Gold prices took a nosedive on Thursday, plummeting over 2% after a volatile session, as stronger-than-expected U.S. economic data drove Treasury yields higher and boosted the U.S. dollar
The Federal Reserve is likely to maintain its restrictive policy stance for longer, limiting gold’s upside potential in the near term.
Traders should closely monitor the upcoming core PCE indicator for insights into consumer price trends, as a hot report could send interest rate expectations in a hawkish direction, weighing on precious metals.
Happy Trading!
Commodity Samachar
Learn and Trade with Ease
Also Read: Copper Outlook: Will the Copper price retreat further?, Economic Data: UK Retail and US Durable Goods Insights in Spotlight!
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