Reverse claims may give shock to gold sellers
Rising Unemployment claims is concern I wrote an article last month when gold was trading around 1950$. I mentioned declining unemployment claims may cause gold decline. Gold price tested 1840$…
Declining Unemployment claims may crash gold ?
Declining Unemployment claims US reporting decline in unemployment claims since few weeks. Last week US unemployment claims to 860K from 893K previous. We are seeing a declining curve in jobless…
Crucial US Job numbers to decide the fate of Gold
US Job Numbers Crucial US job numbers will be major deciding factor of gold price in September. Last month unemployment rate stunned market and came better than expected. Last month…
Brutal crash in gold price. Expecting more power to sellers
Gold price crash Gold price crashed from 2070$ to test 1880$ yesterday. Brutal crash in gold price catalyst by Russian vaccine announcement. Russia announced, they have registered world’s first corona…
Gold price hits above 2050$. Will gold streak continue ?
Gold price new lifetime high Its been a fantastic run for gold price. Spot gold prices made low of 1450$ in March this year. Currently gold prices are trading above…
Gold dream run continues. More to come ?
Gold price dream run Gold price continuing its dream run. From 1450$ to 1870$ within 3 months. Earlier in my post I cleared my stand on gold prices. If you…
Is better than expected Job numbers enough ?
US Job numbers Yesterday US posted better than expected job numbers. Market was not expecting any surprise but still job numbers took market by surprise. Even last month US posted…
Tricky Job numbers will decide the course of 2020
Tricky US Jobs Numbers Tomorrow US unemployment rate are due. Last month job numbers surprised the market and gave a shock when it came 13.3% vs 17.5%. It boosted confidence…
Worst is yet to come in Markets
Worst is yet to come World economies started to re opening and gradually they are trying to go back to pre covid 19 situations. Slowly many countries are relaxing lock…
Gold looking to test new lifetime high in 2020
Gold forecast Gold is trading in a roller coaster since few weeks. Even last week gold tested 1710$ after making lows of 1679$. Xauusd settled below 1700$ at Friday’s closing.…