Gold

[Sadia260]

NEW YORK (Reuters) - The S&P 500 rose 6% on Tuesday, a day after its steepest decline since the 1987 crash, as the Federal Reserve took further steps to boost liquidity and stem damage from the coronavirus outbreak that has gripped the global economy.

The central bank relaunched a financial crisis-era purchase of short-term corporate debt in the hope that companies are able to continue paying workers and buying supplies through the pandemic.

Tuesday’s move to buy back commercial paper followed several emergency measures taken by the U.S. central bank on Sunday, including slashing interest rates to near zero.

[sp1973]

GOLD= BEARISH TREND IN D1 TIME FRAME
Resistance 3 =1654.30
Resistance 2 =1604.03
Resistance 1 =1565.87

Pivot point=1515.60

Support 1=1477.44
Support 2=1427.17
Support 3=1389.01

[talhaahmad04]

No. The first mistake a Forex trader can make is to have a dead-set opinion and then search online for opinions supporting his pre-conceived notions. If anyone looks long enough and hard enough, they're going to find someone somewhere to agree with him. Taking that into account, the question still remains: Who do you listen to?

[Irfan7]

(Kitco News) As the COVID-19 outbreak shifted from a Chinese epidemic to a global pandemic, Westpac has upped its gold forecast not only for this year but also for 2021, 2022 and 2023.

Markets have shifted to trying to pinpoint just how much the U.S. and the European economies are going to suffer due to the coronavirus outbreak, Westpac senior economist Justin Smirk said in his March update.

“As February ended the focus for the COVID-19 outbreak shifted from China to the rest of the world. In particular markets shifted attention to the rapidly expanding outbreak in Italy and the early stages of an outbreak forming in the U.S., and the disruptions this would bring to the European and U.S. economies,” Smirk wrote.

[Hafizajmal]

Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.

[Shahnawaz148]

Silver’s future is bleak as a recession could wipe out any industrial demand left for the metal, this according to Peter Hug, global trading director of Kitco Metals.

Monetary policy was not enough to calm investors, Hug noted, as markets reacted negatively to the last Federal Reserve rate cut made last Sunday.

“That episode really scared the market. It indicated that the Fed pushing on a string here is not going to solve the issue. It’s going to require some significant fiscal policy,” he said.

Hug said that a recession may now be underway.

[Muhammed Awais]

Market analisisss..
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. to get consistent profits we must have a good strategy, many of the strategies we use but must match your trading style.

you also need to have emotional control, and good money management.I hope you can earn consistent profit from my signal, good luck

[Focky]

i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side


👑 Post achi lagay tu thanks per click kren 🎀

[Hafiz Saab]

Today market analysis and trend:sell

Indicators and Moving average market ke down hony ka bata rahe hain

Resistance and Support points se bhi market down hoti nazar a ri hai

Hamain sell main trade lagani chahiye

BesT Of LucK

[shamim123]

GOLD > Bullish

PIVOT POINT > 1515.70

S1 > 1482.01

S2 > 1461.20

S3 > 1427.51

R1 > 1549.39

R2 > 1570.20

R3 > 1603.89