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…
Gold opened higher after good closing on Friday
Gold Comex Gold opened higher after good recovery from lows last Friday. Last week gold price moved from 1495$ to 1520$. Friday we seen good buying in gold following crash…
Attack on Saudi refinery disrupted market
Attack on Saudi Attack on Saudi oil refinery disrupted the market as it opened this week. Crude oil fired more than 15% from its last week’s closing. Gold & Silver…
Delayed tariffs drive gold lower
Gold Comex gold crashed from 1555$ to test 1488$ in last 3-4 trading sessions. Delayed tariff on Chinese goods caused this correction. Additional tariff on chinese goods worth $250 billion…
Gold crushed by dollar & good US data
Gold Comex gold crushed by good unemployment & manufacturing data from US. Good US data resulted in higher dollar index which added more pressure in gold. Comex gold crashed from…
Jobs number will be deciding factor for gold
Gold Comex gold trading in a tight range since it opened yesterday. We had a labor day holiday in US yesterday which restricted gold’s movements. This week we have Non…
G7 meeting effect on gold
Gold Comex gold fired as it opened yesterday and tested above 1555$ within couple of hours. It was later in a day xauusd cooled off and settled near 1530$ area.…
Uncertainty in Fed rate cut
Gold Last night Fed released its last meeting’s minutes. After reading it thoroughly i came to conclusion that even fed is having difficulty how much rate cut they should do.…
Correction or Consolidation in Gold ?
Gold Comex gold crashed from 1535$ to 1495$ due to delayed tariffs by US. Last week White House informed that additional tariffs on $300 billion goods which were suppose to…