अब से हम Elev8 हैं
हम केवल एक ब्रोकर नहीं हैं। हम एक ऑल-इन-वन ट्रेडिंग इकोसिस्टम हैं—आपको विश्लेषण करने, ट्रेड करने और बढ़ने के लिए जो कुछ भी चाहिए, वह एक ही स्थान पर है। क्या आप अपने ट्रेडिंग को ऊँचा उठाने के लिए तैयार हैं?
ट्रेडिंग न्यूज़
20 Apr 2015
Gold drops below USD 1200/Oz
FXStreet (Mumbai) - Gold prices fell below USD 1200/Oz levels on Monday as the American dollar strengthened across the board on the back of an uptick in the Treasury yields.
Gold: Trades below hourly 200-MA
The metal now trades below hourly 200-MA located at USD 1200.16/Oz levels, tracking a 0.49% rise in the USD index to 98.10 levels. The USD saw a rise in demand right from the early European session, which pushed the metal from a high of USD 1208.9/OZ to trade at USD 1198.4/Oz levels.
Additional bearish pressure also comes from the uptick in the major US index futures. The S&P futures are up 0.50% after China announced a cut one-percentage point cut in the reserve requirement ratio on Sunday.
Gold Technical Levels
The immediate support is located at 1191.73 (50-DMA), under which losses could be extended to 1183.7 (Apr. 14, low). On the flip side, a break above 1200.00 could drive the prices higher to its 200-DMA located at 1212.79.
Gold: Trades below hourly 200-MA
The metal now trades below hourly 200-MA located at USD 1200.16/Oz levels, tracking a 0.49% rise in the USD index to 98.10 levels. The USD saw a rise in demand right from the early European session, which pushed the metal from a high of USD 1208.9/OZ to trade at USD 1198.4/Oz levels.
Additional bearish pressure also comes from the uptick in the major US index futures. The S&P futures are up 0.50% after China announced a cut one-percentage point cut in the reserve requirement ratio on Sunday.
Gold Technical Levels
The immediate support is located at 1191.73 (50-DMA), under which losses could be extended to 1183.7 (Apr. 14, low). On the flip side, a break above 1200.00 could drive the prices higher to its 200-DMA located at 1212.79.