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

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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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 58844.1 as stoploss in an intra day sell trade for a target of 57374.57. However, stock will show a bullish move above 58844.1.

GOLD Gold Sona is falling or rising NEWS fundamental reasons

Gold price tumbles Rs 480, silver declines Rs 345: HDFC Securities Gold price tumbled Rs 480 to Rs 58,770 per 10 gram in the national capital on Wednesday amid a fall in rates of the precious metal internationally, according to HDFC Securities. The yellow metal had settled at Rs 59,250 per 10 gram in the previous trade. S - NEWS as on 2023-03-22 business-standard.com

Old gold sales surge 25% year-on-year as yellow metal breach Rs 60,000 mark “There has been a sharp increase in old gold sales following the spurt in prices of the yellow metal. In South India, some are exchanging old gold for new, while some are taking liquid cash against gold,” said James Jose, former secretary of Associatio - NEWS as on 2023-03-22 indiatimes.com

Gold plunges Rs 470; silver declines Rs 420 Gold prices have corrected almost 2 per cent after prices hit a fresh 52-week high of USD 2,010 per ounce on Monday as short-term traders took profit and fears of a full-blown banking meltdown eased, Gandhi said. - NEWS as on 2023-03-21 indiatimes.com

Gold rally cools as focus turns to Fed move Bullion has gained over 0 after the collapse of U.S.-based Silicon Valley Bank earlier this month, as investors scrambled for the safe haven. - NEWS as on 2023-03-21 indiatimes.com

Gold rallies Rs 1,400 to touch life-time high; silver zooms Rs 1,860 In the overseas markets, both gold and silver were trading higher at USD 2,005 per ounce and USD 22.55 per ounce, respectively. - NEWS as on 2023-03-20 indiatimes.com

Gold price hits lifetime high of Rs 59,241 amid strong global trends Spot gold was down 0.6 per cent at ,976.60 per ounce, as of 6.48 pm India time, while U.S. gold futures rose 0.5 per cent to ,983.20 - NEWS as on 2023-03-20 business-standard.com

Gold price rises Rs 270 to Rs 58,690; silver selling at Rs 69,800 The price of ten grams of 22 carat gold rose by Rs 250 to Rs 53,800 - NEWS as on 2023-03-18 business-standard.com

Gold price rises Rs 550 to Rs 57,860; silver up by Rs 200 at Rs 69,200 The price of ten grams of 22 carat gold rose by Rs 500 to Rs 53,550 - NEWS as on 2023-03-17 business-standard.com

Gold down by Rs 10, silver by Rs 400, yellow metal trades at Rs 57,860 The price of ten grams of 24 carat gold in Delhi, Bengaluru, and Chennai is Rs 58,010, Rs 57,910, and Rs 58,680, respectively - NEWS as on 2023-03-16 business-standard.com

Gold rallies over 1% as Credit Suisse crisis hits risk appetite Europe's bank stocks came under pressure again, with Credit Suisse shares sliding after its largest investor said it could not provide the Swiss bank with more financial assistance - NEWS as on 2023-03-15 indiatimes.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: 58846
  • 12Day Average: 57485.17
  • 20Day Average: 56772.3
  • 50Day Average: 56725.44
  • 100Day Average: 55078.1
  • 150Day Average: 53544.97
  • 200Day Average: 52907.45

GOLD Indicators & signals

Indicator MACD (12,26,9)

57871.37, 57153.13, 400.86
Indicator MACD is in positive zone

Indicator ADX (14)

40.98, 40.9, 17.12
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
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
22 Wed Mar 2023 58756.00 58462.00 to 58810.00 0.3% 0.67 times
21 Tue Mar 2023 58579.00 58534.00 to 59705.00 -1.56% 1.07 times
20 Mon Mar 2023 59506.00 59232.00 to 60455.00 0.21% 1.3 times
17 Fri Mar 2023 59383.00 58143.00 to 59461.00 2.37% 1 times
16 Thu Mar 2023 58006.00 57845.00 to 58525.00 -0.57% 0.94 times
15 Wed Mar 2023 58336.00 57068.00 to 58661.00 1.48% 1.3 times
14 Tue Mar 2023 57483.00 57231.00 to 57738.00 -0.28% 0.79 times
13 Mon Mar 2023 57642.00 56353.00 to 57680.00 2.66% 1.38 times
10 Fri Mar 2023 56150.00 55270.00 to 56190.00 1.54% 0.92 times
09 Thu Mar 2023 55301.00 54771.00 to 55401.00 0.71% 0.75 times
08 Wed Mar 2023 54911.00 54850.00 to 55112.00 -1.54% 0.55 times
06 Mon Mar 2023 55769.00 55751.00 to 55982.00 0.09% 0.58 times

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