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, and stock might move up till 72272.8 or till 74393.5. Use a stoploss of 70505.51 and if this stock hits its stoploss, then it can fall down till 68738.25

GOLD Gold Sona is falling or rising NEWS fundamental reasons

How to invest in gold, equity, fixed income assets? Motilal Oswal answers MOPW's recommendations suggest a cautious yet optimistic approach to equity investing. They believe that Large Caps are a good value proposition at present, but recommend a more measured approach - NEWS as on 2024-04-24 business-standard.com

IIFL Finance's RBI-directed audit starts after March gold loan ban The RBI said in March that the restrictions will be reviewed after completion of a special audit and the company's rectification of the audit findings - NEWS as on 2024-04-23 business-standard.com

Gold, silver retreat from record levels as Iran-Israel tensions ease Gold and silver prices retreated from record high levels in the national capital on Monday, with the precious metal plunging by Rs 450 per 10 grams, due to weak global trends and easing tensions in West Asia. Gold prices declined by Rs 450 to Rs 73,650 per - NEWS as on 2024-04-22 business-standard.com

Learn with ETMarkets: How to navigate through global uncertainties when trading in gold and silver? Geopolitical events wield significant influence over the prices of MCX Gold and Silver, often sparking volatility and uncertainty in the market. Factors such as war tensions and trade disputes can swiftly alter supply and demand dynamics, prompting investo - NEWS as on 2024-04-21 indiatimes.com

Gold price climbs Rs 10 to Rs 74,350, silver dips Rs 100 to Rs 86,400 The price of 22-carat gold also rose Rs 10, with the yellow metal selling at Rs 68,160 - NEWS as on 2024-04-20 business-standard.com

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

More announcements and NEWS

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

Moving Averages for Gold (sona Swarna Tola 10gram)

  • 5Day Average: 71753
  • 12Day Average: 71889.92
  • 20Day Average: 70710.7
  • 50Day Average: 66763.5
  • 100Day Average: 64569.73
  • 150Day Average: 62999.57
  • 200Day Average: 62018.12

GOLD Indicators & signals

Indicator MACD (12,26,9)

71334.31, 69857.36, 1730.81
Indicator MACD is in positive zone

Indicator ADX (14)

30.02, 35.1, 18.89
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
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
24 Wed Apr 2024 71050.00 70730.00 to 71369.00 0.03% 0.63 times
23 Tue Apr 2024 71029.00 70202.00 to 71210.00 -0.24% 1.17 times
22 Mon Apr 2024 71197.00 71160.00 to 72295.00 -2.21% 1.08 times
19 Fri Apr 2024 72806.00 72309.00 to 72955.00 0.17% 1.03 times
18 Thu Apr 2024 72683.00 72353.00 to 72880.00 0.22% 0.87 times
17 Wed Apr 2024 72523.00 72380.00 to 73299.00 -0.69% 0.68 times
16 Tue Apr 2024 73029.00 72290.00 to 73315.00 1.04% 1.02 times
15 Mon Apr 2024 72277.00 71200.00 to 72366.00 0.6% 1.17 times
12 Fri Apr 2024 71843.00 71704.00 to 73958.00 0.28% 1.57 times
11 Thu Apr 2024 71644.00 71081.00 to 71682.00 0.54% 0.32 times
10 Wed Apr 2024 71258.00 70819.00 to 71709.00 -0.11% 1.09 times
09 Tue Apr 2024 71340.00 70988.00 to 71739.00 0.6% 0.75 times

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

 

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