Market Analysis of AVAXUSDT on Friday 8 NOVEMBER 2024

2024-11-08 19:06Source:BtcDana

XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW    


 XAGUSD running in negative trend and its immediate strong resistance are 31.66 to 31.85 level .  Stop loss is 32.15 level and it can fall below 30.80 level because double zigzag calculation start from this 30.80 level .Intraday purpose selling is better for targets 21.30,21.20 and 21 levels respectively with stop loss 32.15 level.


QUICK FUNDAMENTAL LOOK                                                                    


Silver remained near $32 per ounce, after the Fed lowered the benchamak rate by 25 basis points to 4.5%-4.75%, as expected.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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