Correction or Consolidation in Gold ?
Gold Comex gold crashed from 1535$ to 1495$ due to delayed tariffs by US. Last week White House informed that additional tariffs on $300 billion goods which were suppose to…
Gold crushed by delayed tariffs
Gold Comex gold crushed by delayed tariffs on Chinese goods. White house release statement yesterday confirming that new tariffs on Chinese goods which was supposed to kick off this September…
Gold bulls taking charge
Gold Comex gold firing with full guns as its currently trading at highest point of the week 1519$. Gold bulls taking charge and driving xauusd higher as risk is rising…
Gold rising with uncertainty
Gold Comex gold rising with uncertainty in market. Dow Jones crashed nearly 1500 points from its peak of 27300 odd levels to 25800. This vertical crash triggered this Monday when…
Trade war escalates between US & China
Gold Comex gold fired after China devalued its currency. Yuan hit major resistance of 7 against dollar after a decade. This is second step by China since trade war started.…
First rate cut after recession tanked market
Gold Federal Reserve finally cut interest rate of 0.25%. This is first time fed gave a relief to interest payers since recession of 2008. No doubt market reacted badly and…
Gold opened lower ahead of Fed meet
Gold Comex gold price opened lower today as market awaits FOMC meeting conclusion today this Wednesday. We have a very action packed week ahead. Lets have a look at major…
Gold waiting ECB & jobs numbers
Gold Comex gold price came to a halt since 2 days. Xauusd trading in a small range since Tuesday. Usual range in last 3 days are 1418$ to 1426$. A…
Gold opened higher as Iran tensions build up
Gold Comex gold price opened higher as Iran tensions building up once again. Iran captured one of the oil tanker which belongs to UK & other belongs to Netherlands. This…
Gold fired back from support
Gold Comex Gold price fired back from support of 1398$ yesterday. Dollar Index finally started showing cracks which led a good buying in xauusd and gold clocked nearly 20-22$ gains…