Dollar to Rupee Future Forecast

 Hello Everyone. Hope you all are doing good !  Today we will be discussing about the Gold Expected Movement. Gold is at 52,200 level right now. And it has already touched the 52,500 level . As we can see in the chart, It is following a channel pattern and taking a downturn from now onwards. The different parameters such as the RSI, Stochastic RSI, and MACD - all are showing a reversal in trend which means it is going for a downfall soon. Now, what level will it fall? Here, in the chart, we can clearly see that it is depreciating from 52,500 level and the support is at 49,500 level. Hence we can conclude that Gold will be falling from 52,500 level to 49,500 soon.  Now the question is how long will it take to complete the run. Well, If we look at the channel line of gold since February 2022, here we can find that it is range bound between 52,500 - 49,500 levels and this run can take place probably in the next 2.5 months.  Hope you guys like this blog. If you have any ...

Hello Everyone. Hope you all are doing good!  Today we will discussing about the expected movement in Silver Mini Futures. So, If we will look at the chart, we can see that Silver has started depreciating from the level 62,200 to 55,000 level, falling from 6 weeks straight. However we can say there is a strong bearish level from 68,000 but it has hold on for sometime at 62,000. So, coming to current level of silver, it has started a trend reversal from 55,200 level i.e S1.   Now coming to the other parameters like RSI, Stochastic RSI & MACD, we can observe that they are also indicating an upward movement in Silver.  RSI is at 39.36 level  and is indicating an upward movement. Stochastic RSI has made a curve at 1.8860 and now moving upwards giving a signal for uptrend too. And in MACD, there is a signal for crossover  which is also indicating towards a trend reversal. Keeping all the parameters in mind and observing the candle movement, we can hopefully predi...