Gold fired after buy signal yesterday
Gold Comex gold fired after our buy signal from 1498$. Our xauusd signal was in buy from 1498 for target of 1509$. We booked profit at 1507$. Disappointing numbers from…
Gold crashed as market heads for a correction
Gold Comex gold crashing since last week after its peak of 1565$ in first week of September. Since first week of September comex gold is in corrective mode and it…
Attack on Saudi refinery disrupted market
Attack on Saudi Attack on Saudi oil refinery disrupted the market as it opened this week. Crude oil fired more than 15% from its last week’s closing. Gold & Silver…
Gold crushed by dollar & good US data
Gold Comex gold crushed by good unemployment & manufacturing data from US. Good US data resulted in higher dollar index which added more pressure in gold. Comex gold crashed from…
G7 meeting effect on gold
Gold Comex gold fired as it opened yesterday and tested above 1555$ within couple of hours. It was later in a day xauusd cooled off and settled near 1530$ area.…
Gold crushed by delayed tariffs
Gold Comex gold crushed by delayed tariffs on Chinese goods. White house release statement yesterday confirming that new tariffs on Chinese goods which was supposed to kick off this September…
Gold bulls taking charge
Gold Comex gold firing with full guns as its currently trading at highest point of the week 1519$. Gold bulls taking charge and driving xauusd higher as risk is rising…
Gold rising with uncertainty
Gold Comex gold rising with uncertainty in market. Dow Jones crashed nearly 1500 points from its peak of 27300 odd levels to 25800. This vertical crash triggered this Monday when…
First rate cut after recession tanked market
Gold Federal Reserve finally cut interest rate of 0.25%. This is first time fed gave a relief to interest payers since recession of 2008. No doubt market reacted badly and…
Gold fired back from support
Gold Comex Gold price fired back from support of 1398$ yesterday. Dollar Index finally started showing cracks which led a good buying in xauusd and gold clocked nearly 20-22$ gains…