Piyush Lalsingh Ratnu
- Trader & Analyst al Piyush Ratnu Gold Market Research
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Piyush Ratnu is an independent forex market analyst & trader with core expertise in XAUUSD/Spot Gold.
With more than 15 years of experience as a Financial Market Analyst, Piyush Ratnu held the responsibility of developing and refining a series of algorithms & analytic tools to simplify the trading processes. His tools and algorithms were defined and rated as “unlike tools seen in the market before, extensively designed and most importantly, functional and logical” by some of the top financial companies and analysts at New York, London and Dubai.
Piyush Ratnu holds an experience of 290,000 trades, 1,790,000 pips calculated with a remarkable trading execution rate of 2 trades per second in an ideal scenario with profit booking in less than 8 seconds tracing 60+ pips/trade, as per audited and verified track record of last 10 years.
Core strength:
Economics, Economic Data Analysis, Spot Gold (XAUUSD), USD Majors, SR MTF Range Trading, Chart Patterns,
Volume Trading, Day Trading & Position Trading
Trading style
Fundamental based Intra-day trading.
Analysis based on proprietary algorithm + 90+ parameters.
Core focus: US Futures and XAUUSD | Spot Gold
Motto
Plan your trade, and then trade your plan!
Detailed research: https://www.reddit.com/r/prgoldanalysis
Track Record since 2021: https://bit.ly/PRxauusdAnalysis
MyFxBook:
X.com: https://x.com/piyushratnu
Insta: https://www.instagram.com/piyushratnuofficial
Connect for more details:
Telegram: https://www.T.me/PiyushRatnuOfficial
Risk Disclaimer:
Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Trading foreign exchange, indices and commodities, on margin, carries a high level of risk and may not be suitable for all individuals.
The information made available by Piyush Ratnu is for your general information only and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation and is not intended to be relied upon by users in making, or refraining from making, any investment decisions.
Piyush Ratnu does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position(s) of Piyush Ratnu.
With more than 15 years of experience as a Financial Market Analyst, Piyush Ratnu held the responsibility of developing and refining a series of algorithms & analytic tools to simplify the trading processes. His tools and algorithms were defined and rated as “unlike tools seen in the market before, extensively designed and most importantly, functional and logical” by some of the top financial companies and analysts at New York, London and Dubai.
Piyush Ratnu holds an experience of 290,000 trades, 1,790,000 pips calculated with a remarkable trading execution rate of 2 trades per second in an ideal scenario with profit booking in less than 8 seconds tracing 60+ pips/trade, as per audited and verified track record of last 10 years.
Core strength:
Economics, Economic Data Analysis, Spot Gold (XAUUSD), USD Majors, SR MTF Range Trading, Chart Patterns,
Volume Trading, Day Trading & Position Trading
Trading style
Fundamental based Intra-day trading.
Analysis based on proprietary algorithm + 90+ parameters.
Core focus: US Futures and XAUUSD | Spot Gold
Motto
Plan your trade, and then trade your plan!
Detailed research: https://www.reddit.com/r/prgoldanalysis
Track Record since 2021: https://bit.ly/PRxauusdAnalysis
MyFxBook:
X.com: https://x.com/piyushratnu
Insta: https://www.instagram.com/piyushratnuofficial
Connect for more details:
Telegram: https://www.T.me/PiyushRatnuOfficial
Risk Disclaimer:
Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Trading foreign exchange, indices and commodities, on margin, carries a high level of risk and may not be suitable for all individuals.
The information made available by Piyush Ratnu is for your general information only and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation and is not intended to be relied upon by users in making, or refraining from making, any investment decisions.
Piyush Ratnu does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position(s) of Piyush Ratnu.
Piyush Lalsingh Ratnu
01.02.2022 | MP | SR | MTD | FF | PR Spot Gold Analysis | XAUUSD Analysis
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Piyush Lalsingh Ratnu
01.02.2022 | PR Spot Gold Analysis | XAUUSD Analysis
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Piyush Lalsingh Ratnu
US30: A name for the Dow Jones index.
Important Forex Terms | Piyush Ratnu Trading Tutorial | Spot Gold | Forex Glossary
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Piyush Lalsingh Ratnu
UK JOBLESS CLAIMS CHANGE: Measures the change in the number of people claiming unemployment benefits over the previous month.
Important Forex Terms | Piyush Ratnu Trading Tutorial | Spot Gold | Forex Glossary
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Important Forex Terms | Piyush Ratnu Trading Tutorial | Spot Gold | Forex Glossary
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Piyush Lalsingh Ratnu
I will start trading from 01 February, 2022.
In the last four days we saw the repetition of January trend, after a new high, Gold crashed in same pattern: 1850-1830-1818-1808-1796.
Last year too Gold crashed in first week and then from third week till mid March Gold failed to recover the price levels.
FOMC, interest rate related Policy formats, higher yields and dollar strength are together driving the Gold prices for now.
The numbers remain the same:
2020
1966
1947
1926
1907
1888
1866
1830 (newly formed level)
1818
1808
1796
1777
1745
1717
1666
1636
1616
1596
1555
1515
1496
1444
1414
The crash and rise will be observed at these levels just like last two years.
Interest rate decision related statements and asset purchase related policies might result in a price movement of upto $100, stay alert and keep price gaps, target net average and observe SR zone strictly before taking a decision.
I thank you all for your prayers and wishes, and am glad I am recovering well by the grace of God.
Have a great weekend!
- PR
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If you are on Telegram,
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#PiyushRatnu #BullionTrading #Trading #Dubai
In the last four days we saw the repetition of January trend, after a new high, Gold crashed in same pattern: 1850-1830-1818-1808-1796.
Last year too Gold crashed in first week and then from third week till mid March Gold failed to recover the price levels.
FOMC, interest rate related Policy formats, higher yields and dollar strength are together driving the Gold prices for now.
The numbers remain the same:
2020
1966
1947
1926
1907
1888
1866
1830 (newly formed level)
1818
1808
1796
1777
1745
1717
1666
1636
1616
1596
1555
1515
1496
1444
1414
The crash and rise will be observed at these levels just like last two years.
Interest rate decision related statements and asset purchase related policies might result in a price movement of upto $100, stay alert and keep price gaps, target net average and observe SR zone strictly before taking a decision.
I thank you all for your prayers and wishes, and am glad I am recovering well by the grace of God.
Have a great weekend!
- PR
Join TELEGRAM channel for latest updates and market analysis:
If you are on Telegram,
Copy this url and paste in browser: https://bit.ly/AnalysisbyPR
#PiyushRatnu #BullionTrading #Trading #Dubai
Piyush Lalsingh Ratnu
VIX OR VOLATILITY INDEX: Shows the market's expectation of 30-day volatility. It is constructed using the implied volatilities of a wide range of S&P 500 index options. The VIX is a widely used measure of market risk and is often referred to as the "investor fear gauge."
Important Forex Terms | Piyush Ratnu Trading Tutorial | Spot Gold | Forex Glossary
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Important Forex Terms | Piyush Ratnu Trading Tutorial | Spot Gold | Forex Glossary
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Piyush Lalsingh Ratnu
WEDGE CHART PATTERN: Chart formation that shows a narrowing price range over time, where price highs in an ascending wedge decrease incrementally, or in a descending wedge, price declines are incrementally smaller. Ascending wedges typically conclude with a downside breakout and descending wedges typically terminate with upside breakouts.
Important Forex Terms | Piyush Ratnu Trading Tutorial | Spot Gold | Forex Glossary
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Important Forex Terms | Piyush Ratnu Trading Tutorial | Spot Gold | Forex Glossary
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Piyush Lalsingh Ratnu
XAU/USD: Symbol for Gold Index | Important Forex Terms | Piyush Ratnu Trading Tutorial | Spot Gold | Forex Glossary
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Piyush Lalsingh Ratnu
YIELD: The percentage return from an investment.
Piyush Ratnu Forex Trading Tips | Forex Glossary | Forex Education | Forex Terms
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Piyush Ratnu Forex Trading Tips | Forex Glossary | Forex Education | Forex Terms
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Piyush Lalsingh Ratnu
19.01.2022 Co-relations | PR Spot Gold | XAUUSD Analysis
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Piyush Lalsingh Ratnu
19.01.2022 Trading Direction | Co-relations | PR Spot Gold | XAUUSD Analysis
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Piyush Lalsingh Ratnu
18.01.2022 | Co-relations | PR Spot GOLD | XAUUSD Analysis
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Piyush Lalsingh Ratnu
18.01.2022 | Gold Support and Resistance Zone | PR Gold Analysis
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Piyush Lalsingh Ratnu
Duration: Last 365 days: GRT Pattern SR Zones and FIB with IB zones.
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Piyush Lalsingh Ratnu
Gold and silver futures prices are sharply lower and near daily lows in midday U.S. dealings on this first trading day of 2022. Bearish daily elements that include a solidly higher U.S. dollar index sharply rising U.S. Treasury yields today are negatives for the precious metals. Also, mostly higher stock indexes Monday suggest still-scant trader and investor risk aversion in the marketplace at present—and that's bearish for the safe-haven metals. February gold futures were last down $29.60 at $1,799.00 and March Comex silver was last down $0.487 at $22.87 an ounce.
Global stock markets were mostly firmer overnight. Markets in China, Japan and Australia were closed. U.S. stock indexes are slightly higher at midday but nearer their daily lows. The S&P 500 stock index gained 27% in 2021, while notching 70 record highs on the year.
While there is little risk aversion in the marketplace at present, some market analysts believe 2022 will be a rockier year for the stock markets, what with rising inflation, central banks reining in their heretofore easy money policies, and the globe still doing battle with the pandemic. There are also lingering geopolitical issues that could quickly move to the front burner of the marketplace, such as Russia's troop build-up on its Ukrainian border, and China's property market bubble that may be bursting. These potentials, if realized, could work in favor of the safe-haven metals market bulls this year.
The Federal Reserve's monetary policy will be key in guiding gold's price action in 2022, especially after the hawkish shift at the end of the year. This leads to a key question — can gold handle a more aggressive central bank after an already lackluster year?
At the December meeting, the Fed announced that it would be doubling its tapering pace to $30 billion a month, which would conclude the Fed's asset-purchasing program in early 2022. The central bank cited problematic inflation and a strong economic recovery as the main reasons for the shift in policy.
When the Fed announced its accelerated schedule, gold ended up making unexpected gains as most of the information was already largely priced in.
It is "really appropriate" to make this monetary policy shift due to the current state of the U.S. economy, inflation, and wages, Fed Chair Jerome Powell told reporters in December. "Price increases have now spread to a broader range of goods and services," he said.
The updated dot-plot also revealed that Fed officials are now projecting three quarter-point rate hikes in 2022.
Another point that stood out was the Fed noting that it won't raise rates until the taper is complete. "Buying assets is adding accommodation, raising rates is removing accommodation. Since we're two meetings away from completing the taper, assuming things go as expected, if we want it to lift off before then, we would stop the taper potentially sooner. But it's not something I expect to happen," Powell said.
According to the updated projections, the Fed is looking at the real GDP to grow 5.5% in 2021 and 4% in 2022. The central bank's PCE inflation forecast was upgraded to 2.6% from 2.2% in 2022.
Other central banks are also taking on a more hawkish stance, including the Bank of England and Bank of Canada.
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Global stock markets were mostly firmer overnight. Markets in China, Japan and Australia were closed. U.S. stock indexes are slightly higher at midday but nearer their daily lows. The S&P 500 stock index gained 27% in 2021, while notching 70 record highs on the year.
While there is little risk aversion in the marketplace at present, some market analysts believe 2022 will be a rockier year for the stock markets, what with rising inflation, central banks reining in their heretofore easy money policies, and the globe still doing battle with the pandemic. There are also lingering geopolitical issues that could quickly move to the front burner of the marketplace, such as Russia's troop build-up on its Ukrainian border, and China's property market bubble that may be bursting. These potentials, if realized, could work in favor of the safe-haven metals market bulls this year.
The Federal Reserve's monetary policy will be key in guiding gold's price action in 2022, especially after the hawkish shift at the end of the year. This leads to a key question — can gold handle a more aggressive central bank after an already lackluster year?
At the December meeting, the Fed announced that it would be doubling its tapering pace to $30 billion a month, which would conclude the Fed's asset-purchasing program in early 2022. The central bank cited problematic inflation and a strong economic recovery as the main reasons for the shift in policy.
When the Fed announced its accelerated schedule, gold ended up making unexpected gains as most of the information was already largely priced in.
It is "really appropriate" to make this monetary policy shift due to the current state of the U.S. economy, inflation, and wages, Fed Chair Jerome Powell told reporters in December. "Price increases have now spread to a broader range of goods and services," he said.
The updated dot-plot also revealed that Fed officials are now projecting three quarter-point rate hikes in 2022.
Another point that stood out was the Fed noting that it won't raise rates until the taper is complete. "Buying assets is adding accommodation, raising rates is removing accommodation. Since we're two meetings away from completing the taper, assuming things go as expected, if we want it to lift off before then, we would stop the taper potentially sooner. But it's not something I expect to happen," Powell said.
According to the updated projections, the Fed is looking at the real GDP to grow 5.5% in 2021 and 4% in 2022. The central bank's PCE inflation forecast was upgraded to 2.6% from 2.2% in 2022.
Other central banks are also taking on a more hawkish stance, including the Bank of England and Bank of Canada.
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Piyush Lalsingh Ratnu
Target 1 and 2: M30 H1 and H4 successfully achieved as per the trading alerts generated on 16.12.2021 after FOMC at 1777 zone. In my analysis too, I had mentioned a reversal might trigger 1777, 1796 and 1808, today GOLD is at 1803/4. Accuracy proved once again. Those who followed analysis, am sure made handsome profits.
All the traders who are holding BUY positions in GOLD from 1752/1777/1796 price range are suggested to close the trades in net profit right now. CMP 1803.33
I expect a down rally ahead. WHY?
Gold is in R zone now.
Fundamentals will now drive it to new range, subject to announcements and new statements, will be better to observe the momentum and ranges first.
Gold is near pivot too, I prefer to enter in trades at levels, rather than near mid ranges/pivot ranges.
Since today is Friday, it is wise to close all trades in current profits to avoid weekend swap charges and stress during weekend.
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All the traders who are holding BUY positions in GOLD from 1752/1777/1796 price range are suggested to close the trades in net profit right now. CMP 1803.33
I expect a down rally ahead. WHY?
Gold is in R zone now.
Fundamentals will now drive it to new range, subject to announcements and new statements, will be better to observe the momentum and ranges first.
Gold is near pivot too, I prefer to enter in trades at levels, rather than near mid ranges/pivot ranges.
Since today is Friday, it is wise to close all trades in current profits to avoid weekend swap charges and stress during weekend.
Join TELEGRAM channel for latest updates and market analysis:
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Piyush Lalsingh Ratnu
In my analysis dated 02.12.2021 and 03.12.2021 on the day of NFP, I had mentioned the reversal patterns, retracement and target price with the date of 18.12.2021 | Major reversal zone as highlighted by me was 1777. Gold couldnt cross 1749, and reversed from 1752 zone, after crossing 1777: 1796 and 1808 were clear targets as shown in the figure 5 above. Today GOLD has reached 1804. Date, reversal point, price zone, pattern: all three formats proved correct.
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Piyush Lalsingh Ratnu
Gold struck by the strong dollar
nvestors seem unsure about what to do with gold amid high levels of uncertainty in the market. The Federal Reserve has finally admitted that the high-level inflation we've been seeing is not transitory, but investors are left to try to guess what the central bank will do next.
Meanwhile, signals from within the gold market are mixed, as exchange-traded funds recorded inflows for the first month since July, despite the roughly flat gold price in November. The yellow metal has been unable to pick up momentum this month, staggering around amid weak economic data, a fluctuating dollar, and the type of uncertainty that usually drives its price higher.
The problem for gold right now is that it can't seem to find the momentum to keep rising with all that's going on. The yellow metal appears range-bound between $1,775 and $1,790. Breakeven inflation climbed 2.7% intra-month in November, the highest level since 2005. The World Gold council added that investors remain focused on inflation and central banks' possible reactions to it, which remain a strong influence on the price of gold.
The organization expects investors to remain preoccupied with inflation and regulators' potential responses to it for the rest of the year. Last week, Fed Chairman Jerome Powell stated that the word "transitory" is no longer applicable to the current inflation rate and suggested that the central bank could start tapering its asset-buying program sooner than previously expected. As a result, investors will also be watching the pace of expected interest rate hikes.
The focus is now on tomorrow's inflation reading, although the gold market has been struggling to respond to rising inflation. The big problem for gold right now is the strong dollar, which is holding the yellow metal back toward the lower boundaries of this week's trading range. Now some market watchers are expecting a recession in 2023 due to accelerated tightening by the Fed.
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nvestors seem unsure about what to do with gold amid high levels of uncertainty in the market. The Federal Reserve has finally admitted that the high-level inflation we've been seeing is not transitory, but investors are left to try to guess what the central bank will do next.
Meanwhile, signals from within the gold market are mixed, as exchange-traded funds recorded inflows for the first month since July, despite the roughly flat gold price in November. The yellow metal has been unable to pick up momentum this month, staggering around amid weak economic data, a fluctuating dollar, and the type of uncertainty that usually drives its price higher.
The problem for gold right now is that it can't seem to find the momentum to keep rising with all that's going on. The yellow metal appears range-bound between $1,775 and $1,790. Breakeven inflation climbed 2.7% intra-month in November, the highest level since 2005. The World Gold council added that investors remain focused on inflation and central banks' possible reactions to it, which remain a strong influence on the price of gold.
The organization expects investors to remain preoccupied with inflation and regulators' potential responses to it for the rest of the year. Last week, Fed Chairman Jerome Powell stated that the word "transitory" is no longer applicable to the current inflation rate and suggested that the central bank could start tapering its asset-buying program sooner than previously expected. As a result, investors will also be watching the pace of expected interest rate hikes.
The focus is now on tomorrow's inflation reading, although the gold market has been struggling to respond to rising inflation. The big problem for gold right now is the strong dollar, which is holding the yellow metal back toward the lower boundaries of this week's trading range. Now some market watchers are expecting a recession in 2023 due to accelerated tightening by the Fed.
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Piyush Lalsingh Ratnu
Gold pared all the daily losses and rose to new daily highs as Federal Reserve Chair Jerome Powell's press conference was deemed not as hawkish by the markets following the central banks' decision to double its tapering pace.
Powell told reporters on Wednesday that data developments, including the latest inflation and employment numbers out of the U.S., warranted this evolution in monetary policy.
"The unemployment rate [is projected] to fall to 3.5% by the end of the year … while inflation will run above our 2% goal well into next year," he said. "Price increases are spreading to broader goods and services. We are attentive to risks that persist in real wage growth."
Powell clarified that the risk of persistently higher inflation is now greater, which justifies the accelerating tapering pace.
Prior to the press conference, the Fed announced that it would be doubling its tapering pace to $30 billion a month. This change will conclude the Fed's asset-purchasing program in early 2022.
The updated dot-plot also revealed that officials project three quarter-point increases in the benchmark federal funds rate in 2022.
GOLD: crash: $1782-$1752, reversal: $1752-1782:
$60 movement completed in last 12 hours.
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Powell told reporters on Wednesday that data developments, including the latest inflation and employment numbers out of the U.S., warranted this evolution in monetary policy.
"The unemployment rate [is projected] to fall to 3.5% by the end of the year … while inflation will run above our 2% goal well into next year," he said. "Price increases are spreading to broader goods and services. We are attentive to risks that persist in real wage growth."
Powell clarified that the risk of persistently higher inflation is now greater, which justifies the accelerating tapering pace.
Prior to the press conference, the Fed announced that it would be doubling its tapering pace to $30 billion a month. This change will conclude the Fed's asset-purchasing program in early 2022.
The updated dot-plot also revealed that officials project three quarter-point increases in the benchmark federal funds rate in 2022.
GOLD: crash: $1782-$1752, reversal: $1752-1782:
$60 movement completed in last 12 hours.
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Piyush Lalsingh Ratnu
As alerted on Monday, 13.12.2021:
GOLD crashed from 1791 till 1777 and 1767 (today's S1: 1766) and yesterday's low was 1766 too.
Am sure those who took trades at 1790 zone, made decent profits.
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GOLD crashed from 1791 till 1777 and 1767 (today's S1: 1766) and yesterday's low was 1766 too.
Am sure those who took trades at 1790 zone, made decent profits.
Join TELEGRAM channel for latest updates and market analysis:
If you are on Telegram,
Copy this url and paste in browser: https://bit.ly/AnalysisbyPR
#PiyushRatnu #BullionTrading #Trading #Dubai