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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.
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
02.08.2022 | Trading Scenario | XAUUSD Analysis | Commodities Analysis | GOLD Analysis | PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
29.07.2022 | Market Reversal was well alerted in advance on 19th July | XAUUSD Analysis | Commodities Analysis | GOLD Analysis | PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
29.07.2022 | Spot Gold Trading Scenario| XAUUSD Analysis | Commodities Analysis | GOLD Analysis | PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
28.07.2022 | Gold Trading Scenario| XAUUSD Analysis | Commodities Analysis | GOLD Analysis | PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
BTCUSD: Why we bought at 17500 range, and why we booked profits at 24000 range: The Reason.

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
21.07.2022 | XAUUSD Next Target :1666| XAUUSD Analysis | Commodities Analysis | GOLD Analysis | PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
Zones mentioned in my analysis:

I expect V pattern in next 9 trading days. XAUUSD CMP $1735

D1 TF PRSR: BUY/SELL STOPS | BUY/SELL LIMITS: TARGET NAP200P ( Net Average Profit):

S4 ZONE 1717 | DOWN TREND (Below 1721) : 1717/1707/1685/1666/1636 BUY LIMITS

R2 ZONE 1750| UP TREND (After 1758) : 1777/1808/1818 SELL LIMITS

Check the price mapping done on 08.07.2022 at:
https://bit.ly/08JulyPriceMappingPR

1685 AS NEXT TARGET: well highlighted in advance multiple times, was finally achieved today at 11.20 hours DXB.

Gold to hit 1685: I alerted well in advance: Read my analysis review:

Analysis: https://bit.ly/NFPJuly2022PRGoldAnalysis
Review: https://www.piyushratnu.com/piyush-ratnu-spot-gold-analysis-review-july-2022/
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
20.07.2022 | XAUUSD Trading Scenario and Targets| XAUUSD Analysis | Commodities Analysis | GOLD Analysis | PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
19.07.2022 | XAUUSD Trading Scenarios| XAUUSD Analysis | Commodities Analysis | GOLD Analysis | PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
++ ECB New Bond Tool & Monetary Policy Changes
Tightening + YCC

++ Russia meeting with Iran and Turkey

++Draghi + UK

++ A slippage in odds of a 1% rate hike by the Fed has failed to support the gold bulls.

++ Lower consensus for S&P PMI data may bring a sell-off in the DXY

++ Higher inflation rates have weighed pressure on the margins of the companies and have impacted the earnings of the households. WORLD ECONOMICS refer: https://tradingeconomics.com/matrix | HICP: https://www.ecb.europa.eu/stats/macroeconomic_and_sectoral/hicp/html/index.en.html

++ Gold price is expected to face tremendous pressures this week as monetary policies announcement from the European Central Bank (ECB) and the Bank of Japan (BOJ) will remain focused. EU Stats: https://www.ecb.europa.eu/stats/html/index.en.html

++ The market participants are expecting a rate hike by the ECB for the first time in 11 years. Taking into account the soaring inflation rate due to higher energy bills, ECB President Christine Lagarde will announce a rate hike this time.

++The minutes from RBA remained hawkish for further guidance. Therefore, the broader environment of policy tightening by the Western leaders will keep gold prices under heavy pressure: https://www.rba.gov.au/media-releases/2022/mr-22-20.html

++Bank of Japan (BOJ) will continue with its dovish tone and will discuss measures on flushing liquidity into the economy to spurt the aggregate demand. : + JPY = - USD | Refer: https://www.boj.or.jp/en/mopo/mpmsche_minu/index.htm/

++ The Services PMI is expected to display a mild correction to 52.6 against the former figure of 52.7. This will keep the DXY on the back foot and may support the gold bulls. Refer: https://www.pmi.spglobal.com/Public/Release/ReleaseDates?language=en

XAUUSD Bearish Scenario: $1717/1666, once again?

If the bearish momentum extends, gold price may fall further towards 1666 zone (after 1721) with 1717/1700/1685/1666 as next stops, if Gold crash halts at 1717/1666 zone a reversal can be expected with a RT 23.6 on M5 and M15 30% RT before/in next 9 trading days.

Read my analysis here: https://bit.ly/NFPJuly2022PRGoldAnalysis
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
Buyers need acceptance above the convergence of the Fibonacci 161.8% one-day and Fibonacci 61.8% one-week at $1,727. The pivot point one-day R3 at $1,735 will be the last line of defense for XAU sellers.

Alternatively, a sustained move below the powerful cluster of support levels around $1,717 will fizzle out the recovery momentum. That level is the confluence of the previous day’s high, Fibonacci 38.2% one-week and pivot point one-day R1.

The next support awaits at the intersection of the Fibonacci 23.6% one-week and the SMA10 four-hour. The Fibonacci 38.2% one-day at $1,707 will be next on my radar.

Post 15 July, GOLD generally rises from the lows of first two weeks of July, and same can be observed right now.

Mid June: Crash
Mid July RT Reversal
August first week crash

As per past trend mapping.

M30 H1 H4 V completed.

I had mentioned in my analysis:
I expect V pattern in next 9 trading days. XAUUSD CMP $1735

Date of Analysis 08.07.2022
Date of achievement: 13.07.2022 and 18.07.2022

Analysis accuracy: 90%

Highs achieved: 1745/1719
Lows achieved: 1707/1697

Zones mentioned in my analysis:

I expect V pattern in next 9 trading days. XAUUSD CMP $1735

D1 TF PRSR: BUY/SELL STOPS | BUY/SELL LIMITS: TARGET NAP200P ( Net Average Profit):

S4 ZONE 1717 | DOWN TREND (Below 1721) : 1717/1707/1685/1666/1636 BUY LIMITS

R2 ZONE 1750| UP TREND (After 1758) : 1777/1808/1818 SELL LIMITS

Check the price mapping done on 08.07.2022 at:
https://bit.ly/08JulyPriceMappingPR

Tracer Algo stetting:
PRSR zone D1 | C/R RT zones D1 TF

XAUUSD Bearish Scenario: $1717/1666, once again?

If the bearish momentum extends, gold price may fall further towards 1666 zone (after 1721) with 1717/1700/1685/1666 as next stops, if Gold crash halts at 1717/1666 zone a reversal can be expected with a RT 23.6 on M5 and M15 30% RT before/in next 9 trading days.

Read my analysis here: https://bit.ly/NFPJuly2022PRGoldAnalysis

Summary: GOLD crashed till 1697 and reversed back to 1735/1717 zone, more than three times, giving enough space to exit in net average in the BUY positions taken below 1717.

CMP 1717
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
FED: 75 BP HIKE

An attempt to kill inflation or boost recession?

This is a million dollar question right now, in my view inflation will rise more to higher numbers resulting in higher rates and panic selling, though media and FED will try to highlight that the era of recession has begun.

I won't be surprised with the the repetition of the pattern observed in last two years, where in FED tried it's best to prove that inflation is temporary and not a concerning factor, however this year Mr. Powell was kind enough to accept that FED miscalculated the risks and the rising inflation in last few months, and that precautionary and necessary tools have to be exercised inorder to control the rising inflation.

A big DOWN rally in first week of August after a RT till 1735/1777 is what I expect as per market cycles and past trend. Currently GOLD is trapped in the price range of 1707-1717, a breach towards down will result in 1685/1666, a reversal will push the price to 1777, if GOLD manages to breach 1735-1745 zone before 25 July, 2022.

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
11.07.2022 | XAUUSD Trading Scenarios for next 30 days| XAUUSD Analysis | Commodities Analysis |PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
13.07.2022 | Warning Sign - Open interest in Gold Futures markets went up for the third session in a row on Tuesday, this time by around 26.6K contracts, the largest single day build since February 17 according to preliminary readings from CME Group. Volume followed suit and rose by around 143.4k contacts | XAUUSD Analysis | Commodities Analysis |PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
11.07.2022 | H1 PRSRZ | Expected Crash RT Z | XAUUSD Analysis | Commodities Analysis |PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
11.07.2022 | Gold Futures Historical Data | XAUUSD Analysis | Commodities Analysis |PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
11.07.2022 | Metals Futures Technical Analysis | XAUUSD Analysis | Commodities Analysis |PR Gold Analysis

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
Analysis Review:

https://youtu.be/tdsFDOiyyzQ

As alerted on 03.06.2022: Gold target price after 1842 was 1800/1777. Today Gold touched the mark of 1800.00

Read my analysis published on 03.06.2022 here: https://bit.ly/03062022NFPAnalysisPR
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
LONG TERM Trading Scenario: Key POINTS

"If you can't convince them, confuse them."

That's what market makers and policy makers are doing currently. First a sequence of scary projections and impressive scary numbers to declare INFLATION was observed resulting in HVPR.

And now, the fear of Recession in addition to Inflation, to control inflation created by the market makers is on all media news portals which might result in HVPC.

What this means:

Uncertainty and Panic Buying/Selling at specific zones/ranges

Result:
High Volatility Price Rise and Crash

How to trade these patterns and cycles:

Refer Settings Manual for PRSRLVL and PRTPS algorithms
Trading Strategy: RM GR 1235 PG 8532 SM 10.33/66/99
TFH1 H4 AV extensions | RT 23.6 M5/15 | 120-240M

Key Policies to be referred:

ECB First Line of Defence
US10YT
US Monetary Policy
Week 1 ETF DS Report: WG
Chapter 2: Market Cycles
Co-relations between Oil and Gold
Co-relation between Energy and Gold
XAUXAG Ratio, half yearly cycle patterns
ECB Bond Program
Y2C: The Economic Projection, DOT Plot
Recession patterns: Markey Cycle 08 16

Kindly refer the settings of algo and trace the next price move for July: 3 parts | August 2 parts. RT F H1/H4

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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
Key Points:

$30 WAR Premium
Fed Statements
Powell Testimony
GBP Inflation data
ECB Policy updates
Ukraine EU updates
Russia RU trend
US China tensions
Gas Prices
Inflation rate
Central Bank Tightening
QT
Recession Data
US F
US 10YT 30YT
USDJPY
USD strength
DXY strength
JPY strength
XAUXAG Ratio

All the above data, parameters should be observed for an accurate decision for trading GOLD.

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