GOLD ( XAUUSD ) Trading Strategy Before NFP Data Today 02 May | Silver & Crude Oil Forecast Today
Mohammad Arafat
[{'start': '2.800', 'end': '10.400', 'text': 'Assalam, good morning, all of you are welcome to my channel, everything'}, {'start': '10.400', 'end': '17.840', 'text': 'is going up, dollar index, you can see how well it has recovered, from 9890 yesterday it'}, {'start': '17.840', 'end': '21.680', 'text': 'had come to about $140,'}, {'start': '22.279', 'end': '30.320', 'text': 'gold has also come to around $3200 to $3250, gold had to come up a little bit,'}, {'start': '30.320', 'end': '37.280', 'text': 'the way the GDP numbers were weak and the inflation numbers were soft,'}, {'start': '37.280', 'end': '40.280', 'text': 'because of that'}, {'start': '40.280', 'end': '48.960', 'text': "the data is there even today and today Europe's There is CPI data and non-farm pay hole data of US. There"}, {'start': '48.960', 'end': '54.800', 'text': 'is also unemployment rate. Major data is non-farm and'}, {'start': '54.800', 'end': '59.680', 'text': 'unemployment rate which is at 6:00 pm. We'}, {'start': '59.680', 'end': '64.000', 'text': 'will be live streaming again at 6:00 pm. So make sure you have subscribed the channel and have pressed the bell icon'}, {'start': '64.000', 'end': '70.320', 'text': 'so that you get the notification. If you are not able to join the live streaming, then'}, {'start': '70.320', 'end': '76.320', 'text': 'make sure you have followed me on social media. The link is in the description. You will go through the link'}, {'start': '76.320', 'end': '81.119', 'text': 'only because there are a lot of fake channels in my name, so you'}, {'start': '81.119', 'end': '87.560', 'text': 'will get the update through data cord. If any news comes, gold prices'}, {'start': '87.560', 'end': '93.920', 'text': 'are running around $3252, gold is trying to go into the positive zone, but still'}, {'start': '93.920', 'end': '101.159', 'text': "it will have to work a little harder to go into the positive zone, today's support"}, {'start': '101.159', 'end': '109.320', 'text': "of gold is $120, 3220 resistance is today's"}, {'start': '110.680', 'end': '116.560', 'text': '$3265 trend, currently its trend is flat, take care. There is one more level above the resistance'}, {'start': '116.560', 'end': '123.840', 'text': 'which is Trend Dis Trend decider which will be breached then gold'}, {'start': '123.840', 'end': '131.520', 'text': 'will come in positive zone Silver is moving around 3263 its resistance and trend decider'}, {'start': '131.520', 'end': '138.840', 'text': 'today is the same because it has shown a very good smart recovery from its loss'}, {'start': '138.840', 'end': '145.840', 'text': 'of 3166 which was made yesterday. It has shown a very smart recovery from there and much'}, {'start': '145.840', 'end': '153.280', 'text': 'better recovery has happened in comparison to gold from the crashed gold. It was better, if'}, {'start': '153.280', 'end': '158.840', 'text': "you remember then today's resistance, today's support,"}, {'start': '158.840', 'end': '165.560', 'text': "let's see what is the support of silver, today's support of silver is $3220 cents"}, {'start': '165.560', 'end': '176.920', 'text': ", silver's resistance is $3220 cents, today's trend is 3290, it is flat now, so keep"}, {'start': '176.920', 'end': '182.200', 'text': 'in mind, this is crude oil, in what way the GDP has gone down in the market,'}, {'start': '182.200', 'end': '189.440', 'text': 'in what way inflation has gone down. Crude oil has also'}, {'start': '189.440', 'end': '193.879', 'text': 'become confused whether it is going to fall due to recession or due to'}, {'start': '193.879', 'end': '199.599', 'text': 'economic crisis. Inflation is decreasing and it is possible that the interest rate will decrease or'}, {'start': '199.599', 'end': '205.519', 'text': 'will have to increase accordingly but as of now, as of now, if you come to the daily chart of crude oil,'}, {'start': '205.519', 'end': '211.400', 'text': 'you will be able to see it, it is expecting a recession,'}, {'start': '212.080', 'end': '221.360', 'text': 'you can see that it has fallen down, in just 15 days, crude oil'}, {'start': '222.440', 'end': '231.040', 'text': 'was around $80, sorry, this is not $15, it is a year, it will come from $80 to $60 in 1 year. Gaya'}, {'start': '231.040', 'end': '237.200', 'text': 'Main $15 Main If you see, April had started quite well, April'}, {'start': '237.200', 'end': '243.480', 'text': 'had started from $72 to $72 to around'}, {'start': '243.480', 'end': '249.040', 'text': '$55, around 20% has fallen in April only, if you'}, {'start': '249.040', 'end': '255.840', 'text': 'believe from the price of April itself, then a steep of 20% which is a crack, we have seen in crude oil prices,'}, {'start': '255.840', 'end': '264.280', 'text': '20% in a month is too much, be a little careful at the lower levels, not so'}, {'start': '264.280', 'end': '271.600', 'text': 'much. This is not the best sell left, if it goes ahead at this time, then we'}, {'start': '271.600', 'end': '281.120', 'text': "don't know support, there is resistance at $58.50 cents, trend is at $61, currently it"}, {'start': '281.120', 'end': '289.919', 'text': 'is flat, go above $1, if it sustains, then and only then, we would have a little'}, {'start': '289.919', 'end': '296.320', 'text': 'bit of hope that it will go up a bit, rest of the levels of natural gas and dollar index'}, {'start': '296.320', 'end': '300.639', 'text': 'will be found in the market commentary, along with the levels of MCX, the'}, {'start': '300.639', 'end': '305.520', 'text': 'levels of all these Along with this, if you'}, {'start': '305.520', 'end': '310.000', 'text': 'also want to see the levels of US Indices, Euro GBP USD USD JPY, then join Market Commentary Plus.'}, {'start': '310.000', 'end': '315.199', 'text': 'All the information is in the description. Now see you in the live streaming of the evening. Till then'}, {'start': '315.199', 'end': '318.960', 'text': 'take care bye-bye.'}]