Gold under pressure
Gold Spot gold price crashed last friday after a narrow range entire week. Main crash came when dollar advanced on weak equity markets. Dow jones index lost nearly 2% last…
US China reached common ground
Gold US and China finally reached a common ground and almost solved their trade dispute. Both countries agreed on a trade war cease fire and encouraged to talk to solve…
Fed minutes cleared path for another rate hike
Gold Last night FOMC released its last meeting minutes which cleared path for another rate hike. Its certain now we will have one more rate hike this year in next…
Brexit drive dollar higher
Gold Brexit may affect trade between US and UK, This single statement by president Trump crashed sterling and gave a higher push to dollar index. Higher dollar pushed gold down…
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 continuing its bull run
Gold Gold continuing its bull run and making new highs every day. Yesterday it fired from 1216$ to 1233$. It took major resistance of 1228$ and sustained above that level.…