Corona Virus impacted stocks & gold both
Corona Virus impact on gold & stock market Dow Jones ( DJIA ) Index tested 18900 levels this week after a high of nearly 30000 this year. This makes total…
Gold made highs with Dollar Index
Gold Comex Gold made high above 1613$ last night breaking its last month high of 1611.50$. Last month gold made high when US assassinated an Iranian commander. Iran then retaliated…
Gold facing strong hurdle ( 15th jan )
Gold Its been two weeks since gold crossed 1290$ range and yet it has not crossed 1300$. Gold tried to break this point many times but failing to do so.…
Dollar weakness drive gold higher ( 11th jan levels ) Unchanged forecast
Gold Spot gold price fired from 1280$ to 1295$ since last night. Dollar weakness is driving gold price higher. Dollar is in weak trend since last night due to FOMC…
Gold under pressure after good jobs data
Gold Spot gold price remained under pressure since Friday. Xauusd tested new lows today as market remain in selling mode. Dollar Index advancing and dollar is in under pressure due…
Bad Jobs shining Gold
Gold Bad jobs shining gold price as US posted under expectations numbers. Dow Jones Index reacted to weak numbers and crashed more than 600 points within hours. Gold prices jumped…
Gold levels are same ( 27th Nov )
Gold Levels are same as yesterday, Market is trading in a narrow range. Not much change in levels. So yesterday’s technical levels are valid today too. Spot gold price stayed…
Gold crashed further on strong Dollar
Gold Gold price crashed further on strong US dollar. Dollar Index tested 17 months high by testing above 97. We enjoyed this crash as our sell signal initiated at 1208$…
Hawkish Fed crashed Gold
Gold Comex Gold price crashed after Fed cleared they are on their course. Fed stated they may increase one more hike in interest rate this year. Which would make total…
Fed tilted gold into negative
Gold Fed concluded its meeting yesterday, FOMC decided to keep interest rate unchanged but they released statement saying ” Their projection of interest rate remain unchanged”. This came as a…