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Gold range in April month

 Everyone knows if fed rates cut then gold silver will go up..,  Market before up as news  Next trends depends on fed if they said we will cut rates in 4-6 time's.. Depends on our economy & situation if need,  Then downside trend will  start,  & now if rates cut,  Then no major upside will come Because market already overbought as news,  April range ::  (2210$ - 2150$ -- 2323$-2365$ )  After 17-18 April gold will be cool off as we expect,  Till then trend positive ЁЯУ▓ 8604995101

Budget -2023

 CUSTOM DUTY HIKED ON GOLD, SILVER ARTICLES ЁЯТеTax Proposals in thr Finance Minister speech in Budget 2023* *Indirect Taxes* 1. Customs duty on goods of textiles, toys, bicycle reduced from 21 to 13% 2. To promote Green Mobility - basic customs duty concession for lithium ion battery 3. To promote Electronics manufacture- relief on customs duty for camera lens and lithium battery   4. Television - TV panels customs duty reduced 5. Electric kitchen chimney to reduce inverted duty structure from 7.5 to 15 percent 6. Benefit for ethanol blending program and acid program and epichlorohydrine 7  Marine Products- to promote exports - shrimps, etc. Duty on shrimpfeed reduced 8. Basic Customs duty reduced for seeds in manufacture for diamonds 9. Customs duty to increase in silver bars 10. Steel - concessional customs duty on  steel and ferrous products  11. Copper - concessional customs duty on copper 12. Rubber - concessional customs duty on rubber 13. Cigarettes -...

Fed impact for bullion

Expectation of 50 bps point hike in interest rate Traders will now focus on the Fed meeting a day later. A 50 bps point hike in interest rate is expected. The directory made a new multi-month high around the 55000 level. On the daily chart, the momentum indicator, RSI, is trading above the 60 level and the price is trading above the 20 and 60 days EMA, which is positive for the indicator.

Fomc impact for bullion

 ЁЯСЖрдлреЗрдб рдЙрдореНрдореАрдж рд╕реЗ рдорд┐рд▓рддреЗ рд╣реИрдВ:: рдлреЗрдб рдиреЗ рдордВрдЧрд▓рд╡рд╛рд░ рдХреЛ рджреЛ рджрд┐рд╡рд╕реАрдп рдмреИрдардХ рд╢реБрд░реВ рдХреА, рдЬрд┐рд╕рдореЗрдВ рд╡рд╛рдпрджрд╛ рд╡реНрдпрд╛рдкрд╛рд░рд┐рдпреЛрдВ рдХреЗ рдореВрд▓реНрдп рдирд┐рд░реНрдзрд╛рд░рдг рдореЗрдВ 75 рдЖрдзрд╛рд░-рдмрд┐рдВрджреБ рд╡реГрджреНрдзрд┐ рдХреА 83% рд╕рдВрднрд╛рд╡рдирд╛ рдФрд░ 100 рдмреАрдкреАрдПрд╕ рдХрд╕рдиреЗ рдХреА 17% рд╕рдВрднрд╛рд╡рдирд╛ рдереА, тАЭрд░рд╛рдпрдЯрд░ рдиреЗ рдХрд╣рд╛ред рд╕рдорд╛рдЪрд╛рд░ рдпреЗрд▓реЛ рдореЗрдЯрд▓ рдХреА рдХреАрдордд рдкрд░ рд╕рдХрд╛рд░рд╛рддреНрдордХ рдЖрд╢реНрдЪрд░реНрдп рдХреЗ рд▓рд┐рдП рдмрдврд╝рддреА рдХреЙрд▓ рдореЗрдВ рд╢рд╛рдорд┐рд▓ рд╣реЛ рдЧрдпрд╛ред рд╡реИрд╢реНрд╡рд┐рдХ рдЕрд░реНрдерд╢рд╛рд╕реНрддреНрд░реА рдиреВрд░реАрд▓ рд░реВрдмрд┐рдиреА рдлреЗрдб рдХреА 1.0% рджрд░ рд╡реГрджреНрдзрд┐ рдХреЗ рд▓рд┐рдП рд╕рдорд░реНрдердХреЛрдВ рдХреА рд▓реАрдЧ рдореЗрдВ рд╢рд╛рдорд┐рд▓ рд╣реЛ рдЧрдП рдФрд░ рдкрд┐рдЫрд▓реЗ рджрд┐рди рдзрд╛рддреБ рднрд╛рд▓реВ рдХрд╛ рд╕рдорд░реНрдерди рдХрд┐рдпрд╛ред рдлреЗрдб рдлрдВрдбреНрд╕ рдлреНрдпреВрдЪрд░реНрд╕ рдиреЗ рдЖрдЬ рдХреЗ рдПрдлрдУрдПрдорд╕реА рд╕реЗ 100bp рдХреА рджрд░ рдореЗрдВ рдмрдврд╝реЛрддрд░реА рдХреА рд╕рдВрднрд╛рд╡рдирд╛ рдХреЛ 19% рдЖрдЧреЗ рд░рдЦрд╛ рд╣реИред  A +100bps рдПрдХ рд░рд┐рд╕реНрдХ-рдСрдл рдорд╛рд░реНрдХреЗрдЯ рдореВрд╡рд░ рд╣реЛ рд╕рдХрддрд╛ рд╣реИ: рд╕реНрдЯреЙрдХреНрд╕ рдФрд░ рдЧреЛрд▓реНрдб рдбрд╛рдЙрди, рдбреЙрд▓рд░ рдЕрдк рдЬрдмрдХрд┐ +75bps рдХрд╛ рдПрдХрд▓-рдЕрд╡рдзрд┐ рдХреЗ рд▓рд┐рдП рдмрд╣реБрдд рдЕрдзрд┐рдХ рдкреНрд░рднрд╛рд╡ рдирд╣реАрдВ рд╣реЛ рд╕рдХрддрд╛ рд╣реИ, рдкреЙрд╡реЗрд▓ рдкреНрд░реЗрд╕рд░ рдФрд░ рдирдП рдкреВрд░реНрд╡рд╛рдиреБрдорд╛рдиреЛрдВ рдХреЛ рдЕрдзрд┐рдХ рдорд╣рддреНрд╡ рджреЗрдирд╛ view - $ 1650 рд╕реЗ рдиреАрдЪреЗ рдХреА рдХреЛрдИ рднреА рд╕рдлрд▓рддрд╛ рднрд╛рд▓реВ рдХреЛ 1620 рдбреЙрд▓рд░ рддрдХ рд╕реЛрдирд╛ рдХрдо рдХрд░рдиреЗ рдХреЗ рд▓рд┐рдП рддрд╛рдЬрд╛ рдЧреЛрд▓рд╛-рдмрд╛рд░реВрдж рджреЗрдЧреА рд▓реЗрдХрд┐рди $ 1700 рд╕реЗ рдКрдкрд░ рдХрд╛ рдЙрд▓реНрд▓рдВрдШрди рд╕реЛрдиреЗ рдХреЛ 1725-30 рдбреЙрд▓рд░ рддрдХ рд▓реЗ рдЬрд╛рдПрдЧрд╛ред рд╕реЗрдл рдЯреНрд░реЗрдбрд░реНрд╕ рдХрд┐рд╕реА рднреА рдУрд╡рд░рдирд╛рдЗрдЯ рдкреЛрдЬреАрд╢рди рдХреЛ рд▓реЗ рдЬрд╛рдиреЗ рд╕реЗ рдмрдЪреЗрдВред

Fomc meet latest updates

FOMC Meeting minutes Plans for Reducing the Size of the Balance Sheet Participants generally agreed that monthly caps of about $60 billion for Treasury securities and about $35 billion for agency MBS would likely be appropriate Fed has decided to reduce its Bond buy from $120 Billion to $95 Billion reduction by $25 billion. Effect: Supply side will increase in stock market in compare to demand which will reduce cash flow in economy, this will impact negative on US Indicies & couple of stocks but positive for US Dollar as a currency, positive for T-Bond, simultaneously highly positive for Bullion. Only negative point for Bullion is to increase an interest by 25 to 50 basis point but this decision will be taken in the month of May, so there is a high probability that Bullion may take upside in next 24 hours hours based on this. EU & US are preparing for new sanctions on Russia US& SPR (Strategic Petroleum Reserve) decided to release about 180million barrel in the market which...

Can russia sell gold?

 View:: Gold Price: тЪая╕ПRussia is partially cut off from the SWIFT system. In such a situation, Russia will have to sell some part of its massive gold reserves, which can put pressure on the prices. In such a situation, the coming days for the gold market can be very volatile Impact- (1860$ - 2000$)  Sell zone: 1992$-94$ For -1908$ If break & sustain below -1908$ next 1880$\1860$ Gold :: 52500-800good levels to sell booking profitЁЯТ░ & fresh sell ЁЯТе:-If u want exact entry ( intraday & positional ), levels, SL & Target  Subscribe our plan & be a member . Subscription plan: ЁЯСЗ Weekly subscription : 2000тВ╣ЁЯТе Monthly subscription:  6000тВ╣ЁЯТе Quarterly subscription : 14000тВ╣ЁЯТе Half yearly subscription: 22000тВ╣ЁЯТе Interested person ping me on  C.care:ЁЯУ▒8604995101 wts up or text or call, (G.pay ,P.pay, pay tm , or a/c transfer acceptable ).ЁЯТе              { Investment idea }     Smart Investment big return   ...

Crude oil

 Crude oil can touch:: 7400/7600/7800/8000 In coming dayes  Support: 6800 Resistance:7333 Buy zone- (7150) ЁЯПГ ЁЯУ▓8604995101