Morning Report

WHERE IS GOLD HEADED NOW Gold had rallied to around 2080 during pandemic on account of Risk off rally and  now undergoing correction profit booking has been started  for last 15 weeks. Current level is 1782. DAILY CHART It is below 38.2% Fibonacci Retracement.  which is 1825. In daily chart base level is 1670  …

Morning Report

Wednesday, 20 May 2020 Asia stocks under pressure as vaccine rally falters Euro gains on EU recovery-fund plan Oil prices ease on dim economic outlook despite signs of firmer demand Asia stocks are likely to come under pressure on Wednesday, tracking declines on Wall Street while gold prices were buoyed by safe-haven demand as economic…