Dollar Index and its effect on Gold Prices
Dollar Index Dollar Index is widely use term when we trade in Forex or Gold. Majority of traders don’t know what exactly USD Index is. Most of traders have a…
Gold continued selling, US Dollar up again
Gold Writing post at 5.47 am IST ( GMT+5.30). Spot gold price crashed further after making highs of near 1266$ in week’s beginning. Major selling is due to USD Index…
Silver tested yearly low, Euro low too
Weekly Silver forecast Silver price ( xagusd ) tested yearly low of 15.92$ as previous low was 16$. This time US dollar index pushed precious metals really hard. Gold has…
Positive crude oil, equities, USD Index
Weekly Crude oil analysis Crude oil price remained under pressure last week following OPEC directions. Market tested below 65$ and sustained there for a quite long time. Below 65$ sustain…