Gold broke resistance at 1232$
Gold Comex Gold broke resistance at 1232$ and continuing to hold above 1232$ with good volumes. As reported in our last gold report, US and China reached common ground and…
Fed intend to hike rate
Gold Fed intend to hike rate in December and current dispute between US and China has turned into full blown trade war. Fed chairman Powell delivered speech yesterday and cleared…
Gold facing resistance ( 23rd Nov )
Gold Yesterday was Thanksgiving so these levels are valid even today. Gold facing resistance at 1231$ as mentioned in yesterday’s gold forecast. Xauusd did not cross 1231$ yesterday. Dollar Index…
Dollar strength is gold weakness
Gold Dollar Index strength is gold weakness. This line is 100% true in today’s scenario. Dollar advanced on Brexit concerns as UK is not able to get out of that…
Higher dollar pushed gold
Gold Higher dollar pushed gold prices in early session today. Gold opened slightly weak and currently trading at 1218.40$. Dollar Index trading higher at 96 and its trading nearly highest…
Brexit directing gold
Gold Brexit directing gold prices since yesterday. We had a dramatic event yesterday in London where many ministers resigned over Brexit differences. UK’s PM Theresa May is in very deep…
Gold gains aided by uncertainity
Gold Spot gold gains aided by political uncertainty around Europe. Brexit seems to take a toll in English people and its politics. UK’s PM is trying to save her political…
Gold on fire after Dow crash
Gold Gold price fired after Dow crashed more than 1500 points in just two trading session. We enjoyed this big jump as our buy initiated at 1190$ and our subscribers…
Market waiting for Non Farm data
Gold Gold charged yesterday again above 1200$ but could not hold above 1200$ and retraced back within hours. Market is trading in a small range since Monday. Currently spot gold…
Gold fired on Italy conerns
Gold Gold finally fired after a long time and tested 1208$ last night. Xauusd fired from 1187$ to 1208$ as Italy’s economic concern is going through roof now. ECB is…