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Wednesday, April 21, 2021

Gold steady as economic worries over virus spike offset trade optimism

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Trade setup: Nifty likely to witness more weakness; remain extremely cautious

Weakness should not be used to create incremental shorts. It is important to note that the Nifty is still inside the falling channel and...

E-mini Unlikely To Have Fourth Consecutive Bear Day

Pre-Open market analysis of daily chart Yesterday was the third consecutive bear day. The bear bodies are getting bigger so the momentum down is increasing. These...

Spot gold was flat at $1,927.26 per ounce by 0037 GMT.

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Trade setup: Nifty likely to witness more weakness; remain extremely cautious

Weakness should not be used to create incremental shorts. It is important to note that the Nifty is still inside the falling channel and...

E-mini Unlikely To Have Fourth Consecutive Bear Day

Pre-Open market analysis of daily chart Yesterday was the third consecutive bear day. The bear bodies are getting bigger so the momentum down is increasing. These...

AUD/USD Reversal

AUD/USD is currently at 0.7719 after a reversal in a range. We are looking for an immediate move to the ATR Target at...