Gold range bound in January 2019
Gold Gold price trading at 1282$ and it has stuck in a very narrow band of 1294$ to 1280$ entire January. Daily we are seeing only 6-7$ range and its…
Gold faced resistance at 1300$ ( 23rd jan ) Levels unchanged
Gold As said in our earlier gold forecast gold price could not cross 1300$ and dropped heavily from higher levels. Gold crashed from 1296-97$ range and now trading near 1280$.…
Brexit failed in Parliament driving gold higher ( 18th Jan ) Levels are unchanged
Gold Brexit vote failed in British Parliament. UK prime minister Theresa May deal is voted down. UK parliament crushed her deal in never before voting. Pound started rising right after…
Gold facing strong hurdle ( 15th jan )
Gold Its been two weeks since gold crossed 1290$ 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 as Dow Jones rise
Gold Gold prices are under pressure since Monday as Dow Jones Index is rising on good data. Good jobs data ensured that US economy is in very good shape. Unexpected…
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…
Good Jobs data dragged gold
Gold Good Non farm Employment data boosted Dow Jones Index by more than 700 points. Non farm numbers came way better than expectations which send dow jones on steroid. It…
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 waiting for NFP
Gold Spot gold price is trading in a narrow range since yesterday. US equity market was closed yesterday due to one day mourning for former chief commander Bush death. Dramatic…