Most Awaited week
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Hello, Bonjour, Guten Tag, Salam, Namaste, Buon giorno, Goedendag, Hei, Merhaba, Chao
"Above Saying HELLO in various Languages to our Respected clients/traders, Apologize if didnt mention your National Language"
We welcome to all of our Clients/Traders to a lovely Week Again.
Its a Much Awaited week.
We have a Very Imporant day - Aug 8, a big Market mover day.
However things are focusing towards a Fed to Pause, however we shall see what they bring foreward.
Gold playing in a Very Good ranges, And as we mentioned few weeks back, Gold to be in range of 645 level before Aug8. It was a nice pick up last week for Gold towards 655 range, and a good slam back towards 640, (shall we say a new home for Gold ) - Could be :)
Which is what we expected last week, And hope traders did Enter at 640 we suggested in our earlier posts.
Silver got a very good push, very nice momentum.
We see Eur/usd is soon going to be 1.3 Range, So much pressure coming foreward.
Today we shall see loads of tight ranges, Traders could be closing there positions, Hedging, in preparation for tommorrow (Aug 8)
Fundamentally, Gold/Silver are supported 45% due to Geopolitical Tensions, If we shall see a calm down, though we dont see any Calming down, we could see a Mini Correction, and we shall advice the Insight ;)
However, Gold/Silver are Both in a Preparation for a Good Bullish Run, Lying at the base, forming technical Settings, for Aug8.
Remember nothing will run like a Rocket towards Up, We shall see Always Corrections, and we shall give the Insight Talks, And more information, when such things are about to come,
We shall Advice further.
Look Foreward, we shall Advice various new Beneficial things,
Keep Visiting.
Cheers.
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