Dollar capped gold gains
Gold Spot gold tested 1217$ yesterday, It could not sustain on higher levels as dollar marched higher once again capping gold gains once again. Currently xauusd trading at 1209$ losing…
Gold waiting for dollar to crash
Gold Spot gold price trading almost flat at 1214$. Yesterday we gave a hint we might see fire in precious metals prices in upcoming days. It did not fire yet…
Metals flat, Waiting to fire
Gold Spot gold price ( Xauusd ) trading at 1214$ after making lows near 1208$. Gold is shining as dollar index is down from highs and currently trading at lowest…
Gold flat, Dollar continue to dominate
Gold Spot gold price tested lows again as it could not hold gain which we had on opening. Xauusd tested 1207$ yesterday and selling pressure continues from traders. Main selling…
Market flat, Waiting for breakout
Gold Price of spot gold trading flat since morning. Currently trading near 1215$ minor positive from its last week’s closing. We had a rough last week which resulted in prices…
ECB (European Central Bank)
ECB (European Central Bank) European Central Bank is the central bank of 19 countries of Eurozone. It is based in Frankfurt ( Germany ) . It is responsible for setting…
Good US data crushed Gold
Gold Gold price crashed yesterday and tested new yearly low. Xauusd broke 1211$ and even gone below our major base of 1208$. Flat Unemployment claims and good factory orders from…
Price of Gold under pressure after Fed meet
Gold Price of gold is under pressure since last night. Fed concluded its meet last night and thankfully there was no Trump factor in FOMC’s tone and Fed kept interest…
Gold waiting for FOMC, Will Trump factor come into play?
Gold Price of gold dive on strong US dollar yesterday again. Yellow metal tested 1214$ and bounced back from there to test a new high above 1227$. This 13$ movement…