Indian share markets are trading on positive note with the Sensex trading 65 points higher and Nifty is trading 26 points higher.

Bitcoin price surge gained steam in the overnight session as the bullish momentum gained steam.

The Pound Sterling slumps to nearly 1.2800 against the US Dollar after the release of the weak UK employment data.

As the dust settles after last week's US election results, global markets are settling into core trades of a firmer dollar, higher US equities and higher terminal rate from the Fed.

Gold prices remained in bear territory as a stronger dollar limits demand among overseas buyers.

After breaking the upward channel, EUR/USD continues to fall but is now facing support at the 1.06839 level.

Traders are advised to monitor price movements closely in relation to the invalidation level of 35,109.

The Trump trade is back in full swing as the market continues to consider the impact of US tariffs and US tax cuts from the incoming administration.

USD/CAD extends its winning streak for the third consecutive day, trading around 1.3950 during the European session on Tuesday. The US Dollar (USD) continues to gain strength following the confirmation of Trump’s victory in the US election.

UK wage growth appears stuck in the 4.5-5% area, despite falling private sector employment and lower vacancy rates. Further declines in wage growth are coming, but not immediately. For the time being, the Bank of England will remain cautious.

Trump’s emerging team of high-profile China hawks signals a clear shift in policy tone for his next term.

Today you will see Gold price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD?

NEO Crypto Price News Today Elliott Wave Technical Analysis

Gold price (XAU/USD) remains on the defensive through the Asian session on Tuesday and currently trades just above its lowest level since October 10 touched the previous day.

Silver prices experiences a third consecutive day of declines, trading around $30.60 per troy ounce during the Asian session on Tuesday.

The GBP/USD pair extends its downside to near 1.2840 on Tuesday during the early European session. The Greenback remains firm as Trump trades continue to rally.

Short Term Elliott Wave View in Nvidia (NVDA​​​​​​​) suggests further upside in daily bullish sequence. It is trading in bullish weekly sequence at all time high and expect continuation against August-2024 low.

We discuss the reasons why a secular bear market will begin sometime in the next four years. Its a commentary on the conditions, not on Trump or his policy.

Bouygues (BOUYY​​​​​​​) is a French conglomerate with a wide range of assets: a construction business, a TV business, and a telecom business. Bouygues’s share price fell 16% from $7.24 to $6.37 as of Monday’s market close.

I update the EW counts on the charts and add additional Fibonacci levels for minuet 5th waves and also include levels for the balance of the minuet 4th waves.