ilmscore | Prediction Details
"Gold US dollar per ounce. Let's check for gold. Let's go on to the monthly chart. I think I showed this to you, right? Going very strong. No second thoughts. 6% up this uh this month. I hope everyone knows about the cup and handle pattern right u okay so if that be so okay everyone knows the first target typically is the handle and as per this technical analysis chart if I were to just double this up this is where we are and if I were to check from the cup so handle cut target has been achieved if I I want to check for cup. So from here the bottommost point till the topmost point here ideally. Let us duplicate this now. I think they should be also done and done almost done very much close to uh the highs as per the cup and handle pattern. Okay, this is for gold. Now let's check for silver. US dollar per ounce. That is what you should be checking. This is an interesting one. Uh done the analysis already. Uh which you can see right now. Uh so you can see here this is like the neckline is slanting for silver. Right? So this is like the bigger cup. This is like the handle. Uh if I were to check the first target which is the handle as per technical analysis. So this is yet to be achieved. Forget about the cup. Okay. So silver looks a little bit more strong as compared to gold. But again if you see the previous high so again a high low a high. So this is the immediate previous high and that could act as a resistance. So is it closer to the resistance? It is no second thoughts on that. Okay. So if you ask me uh gold silver both are close to uh their resistance levels. Uh so be a bit cautious on these two uh metals."
By CA Rachana Phadke Ranade | March 27, 2025 | Incorrect
From video
Nifty Rally to Continue or Bears to Return? | CA Rachana Ranade 00:31:50 - 00:34:00
Interpreted Prediction
The speaker observes that gold has risen 6% this month and is close to its highs based on the cup and handle pattern. Silver, however, appears stronger as its handle target has not yet been achieved. Both gold and silver are currently near their resistance levels, suggesting a need for caution.
AI Evaluation Notes
The prediction suggested caution due to gold and silver being near resistance levels. However, gold and silver prices experienced considerable volatility throughout 2025, making the resistance level statement only partially accurate.

Prediction Details

Topic
Gold and Silver

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