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Rohan Saha

Founder - Burn Inves... • 2m

Technically, gold hasn’t dropped that much yet. It’s still trading near its support level.

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Rohan Saha

Founder - Burn Inves... • 2m

Gold has shown a decent rebound after touching its support level If current conditions persist it might consolidate within this range for a while.

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China's 10-Year Bond Yield just dropped to its lowest level in 22 years.

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The Nifty 500 is still holding its support level. The upcoming weekly closing will be crucial for understanding the market's next move.

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Rohan Saha

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Still, the Indian market is respecting its technical support and resistance levels well.

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Rohan Saha

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Those who are happy with today's market rally should definitely check the technicals. The market is still range-bound and hasn't broken its major resistance yet.

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