Market is still waiting to break resistance
Gold Gold price tested 1235$ yesterday and reversed from highs. Yellow metal tested 1222$ and closed near lowest point of the day. We closed lowest since June 2018. Xauusd tested…
Gold trying to break resistance, Dollar resisting
Gold Spot gold price fired yesterday and tested high of 1234.30$, We enjoyed this mild recovery as our buy signal initiated at 1226$ for target of 1234$. We fetched nearly…
Gold lower again after highs
Gold Gold price tested near 1230$ yesterday before started its reversal from highs. Currently prices are trading at 1224$. Its not much a reversal but weakness in bullion market. Currently…
Gold lower again, Dollar recovered from lows
Gold Gold price crashed once again after testing 1235$ yesterday. Market opened with good strength and sustained pretty well before a major fall. Spot gold price lost almost 16$ from…
Gold opened higher, will lead stay today?
Gold Spot gold price opened today after a dramatic friday. Market opened slightly higher from its last week closing. Currently cruising around 1234$. We made very crucial low of 1211$…
Gold tested another low but bounced back
Gold Spot gold price took another dive as it tested 1210$ level yesterday. I already wrote yesterday in our report that I wont be surprise if market makes another low.…
Gold new yearly low. Dollar Index at resistance
Gold Spot gold price tested new yearly low at 1220.80 yesterday. It was all in all dollar show yesterday when it tested again major resistance of 95. This is not…
Gold broke major support, Now weak
Gold Spot gold price broke major support of 1237$ which we mentioned in our yesterday’s gold prediction. Despite multiple effort of trend reversal market could not hold on higher levels…
Gold price support still exist. Would we recover now?( July 17th updated)
Update July 17th 2018 5.56AM IST ( GMT+5.30): Despite weaker GDP and productions numbers from China, Weaker sales numbers from US, Weak Equity markets and Weak US Dollar. Gold price…
Gold still under pressure but sustaining above 1237$
Spot Gold Spot gold price made low of 1238$ yesterday and bounced back from there. In our technical analysis yesterday we reported support of 1237$. It could not broke our…