GOLD NEWS why is Gold (sona Swarna Tola 10gram) price falling or rising

GOLD NEWS reasons for why stock price of Gold (sona Swarna Tola 10gram) is falling or rising

GOLD Gold Sona is falling or rising technical reasons

Technical analysis forecast of Gold Sona Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Gold Sona GOLD at this time. Stock is rising and might rise more.

It appears as if Gold Sona GOLD gave a large move recently.

Stock of Gold Sona (GOLD) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Gold Sona is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Gold Sona stays above 72720.5, but if it comes below 72720.5, then a intra day sell could be more profitable.
If you take a sell trade below 72720.5, then use 72720.5 as stoploss and 70301.9 as target. However if you take a buy trade in Gold Sona, then use 72720.5 as stoploss and 75622.9 as target.

GOLD Gold Sona is falling or rising NEWS fundamental reasons

Making gold investment, setting up home bar: Top personal finance stories This week we report about gold as a safe asset and the design needed to set up your own bar - NEWS as on 2024-04-19 business-standard.com

Worsening US debt outlook seen more in gold and bitcoin than in bonds Concern about the rapidly rising U.S. government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively sanguine about the country's fiscal path, market observers say. - NEWS as on 2024-04-19 indiatimes.com

Nifty Realty bags gold with 133% return: How investor wealth soared in FY24 The top performer in FY24 was the Nifty Realty Index, which witnessed a staggering 132.5% rise, followed by Nifty PSE (Public Sector Enterprises) - NEWS as on 2024-04-18 business-standard.com

Australian shares flat as miners counter gains in banks, gold stocks U.S. Federal Reserve Chair Jerome Powell said on Tuesday that a string of disappointing data will likely cause the central bank to take longer than expected to become confident that inflation is falling. - NEWS as on 2024-04-17 indiatimes.com

Gold, silver prices hit fresh peaks on strong global cues amid escalating tensions in Middle East Extending gains for the second day in a row, gold and silver prices hit fresh all-time high levels on Tuesday, tracking strong trends in the international markets amid fears of escalating tensions in the Middle East. - NEWS as on 2024-04-16 indiatimes.com

Gold, silver prices hit peaks on global cues amid tensions in West Asia Extending gains for the second day in a row, gold and silver prices hit fresh all-time high levels on Tuesday, tracking strong trends in the international markets amid fears of escalating tensions in the Middle East. According to HDFC Securities, gold pric - NEWS as on 2024-04-16 business-standard.com

Resident entities permitted to hedge exposures to price risk of gold using OTC derivatives also in IFSC Powered by Capital Market - Live News - NEWS as on 2024-04-15 business-standard.com

Gold consolidates after hitting record high on West Asia tensions Iran launched explosive drones and missiles at Israel late on Saturday in retaliation for a suspected Israeli attack on its consulate in Syria on April 1 - NEWS as on 2024-04-15 business-standard.com

Retail buying in Asia including India fuels gold price momentum: Goldman Sachs The report underscores the significant role played by new incremental factors, particularly the surge in accumulation by Central Banks in emerging markets (EM) and increased retail buying in Asian markets including India have led to an increase in gold pri - NEWS as on 2024-04-14 indiatimes.com

Gold price climbs Rs 10 to Rs 73,320, silver rises Rs 100 to Rs 86,600 The price of 22-carat gold also rose Rs 10 with the yellow metal selling at Rs 67,210 - NEWS as on 2024-04-13 business-standard.com

Here's How Much a 00 Investment in Harmony Gold Made 10 Years Ago Would Be Worth Today How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well. - NEWS as on 2024-04-12 nasdaq.com

Gold gains Rs 1,050 to breach Rs 73k-mark; silver too hits fresh peak Gold and silver prices rallied for the fourth straight session and hit fresh peaks on Friday, with the yellow metal gaining sharply by Rs 1,050 to breach Rs 73,000 per 10 grams level amid bullish global trend. According to HDFC Securities, gold price surge - NEWS as on 2024-04-12 business-standard.com

More announcements and NEWS

GOLD Gold (sona Swarna Tola 10gram) current price & indicator signals

Moving Averages for Gold (sona Swarna Tola 10gram)

  • 5Day Average: 72663.6
  • 12Day Average: 71653.67
  • 20Day Average: 69946.6
  • 50Day Average: 66215.5
  • 100Day Average: 64319.73
  • 150Day Average: 62761.13
  • 200Day Average: 61834.99

GOLD Indicators & signals

Indicator MACD (12,26,9)

71497, 69537.53, 1848.45
Indicator MACD is in positive zone

Indicator ADX (14)

76.93, 44.02, 5.74
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GOLD Gold (sona Swarna Tola 10gram) are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 72806.00 72309.00 to 72955.00 0.17% 1.26 times
18 Thu Apr 2024 72683.00 72353.00 to 72880.00 0.22% 1.07 times
17 Wed Apr 2024 72523.00 72380.00 to 73299.00 -0.69% 0.84 times
16 Tue Apr 2024 73029.00 72290.00 to 73315.00 1.04% 1.25 times
15 Mon Apr 2024 72277.00 71200.00 to 72366.00 0.6% 1.44 times
12 Fri Apr 2024 71843.00 71704.00 to 73958.00 0.28% 1.93 times
11 Thu Apr 2024 71644.00 71081.00 to 71682.00 0.54% 0.39 times
10 Wed Apr 2024 71258.00 70819.00 to 71709.00 -0.11% 1.35 times
09 Tue Apr 2024 71340.00 70988.00 to 71739.00 0.6% 0.92 times
08 Mon Apr 2024 70912.00 70443.00 to 71080.00 2.04% 0.81 times
05 Fri Apr 2024 69492.00 69649.00 to 70899.00 -0.78% 0 times
04 Thu Apr 2024 70037.00 69750.00 to 70275.00 0.37% 0.01 times

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