The Forex newsletter for the day is here. Dollar Index, XAUUSD, XAGUSD, Copper, Crude Oil, NASDAQ, S&P 500 E-Mini, USDJPY
Dollar Index
Buy around 104.00
Upside Targets Looks 104.30—104.50
Stop loss below 103.70
XAUUSD
Buy above $2410 (CMP $2407)
Upside Target Looks $2425
Stop-loss below $2390
XAGUSD
Sell around $29.20
Downside Target Looks $28.90—$28.70
Stop-loss above $29.50
COPPER
(Yesterday given sell below 4.200, Kindly book full profit )
Sell on rise around 4.200
Downside Target Look 4.150—4.000
Stop Loss above 4.250
USOIL (WTI)
(Yesterday given sell below $78.50, hope you have booked the profit)
Sell around $78.50
Downside Target looks $77.50—-$77.00
Stop-loss above $79.20
NASDAQ
(Yesterday given sell below 19700, hope you have booked the profit)
Buy above 20000
Upside Target Looks 20200—20400
Stop-loss below 19700
S&P 500 E-Mini
Buy around 5610
Stop loss below 5580
Upside Target Looks 5650—-5680
TOP PICK-GBPUSD
Sell around $1.2900
Stop loss above $1.2940
Downside Target Looks 1.2800
Gold prices are rebounding, hovering around $2,400 as investors await key U.S. economic data this week. Speculation of a Federal Reserve rate cut is supporting gold, while a customs duty reduction has pressured prices in India. Meanwhile, political developments surrounding Donald Trump and Kamala Harris are influencing market sentiments.
Happy Trading!
Commodity Samachar
Learn and Trade with Ease
Also Read : India Budget Focus: Sparse Data’s Surprising Market Impact Aluminium slips 2% -Will break key support or not?
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