Gold stuck in narrow range

/ 16 April 2019 / Comments Off on Gold stuck in narrow range
Gold Gold price stuck in a narrow range since last week. Xauusd not going anywhere since last week and trading in a small defined range. Daily 5-6$ repeated movements seems consolidation. But market is not making any base at all. Daily we are seeing some new levels and precious metals trying to test the base. Even silver were trying... more →
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Gold again in pressure

/ 12 April 2019 / Comments Off on Gold again in pressure
Gold Gold price again crashed yesterday and continuing its pressure on buyers. Dollar Index and Dow Jones gains are main reason bullions are under pressure since yesterday. Better than expected good price numbers also helped dollar index to rise from lows and put pressure in precious metal. Today we have consumer sentiment data which... more →
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Gold in narrow range

/ 10 April 2019 / Comments Off on Gold in narrow range
Gold Gold price tried to break resistance of 1309$ yesterday but it could not break that major resistance and fall back from higher levels. Again gold is trading in narrow range and its trading in extremely tight range. Yesterday mild gains came due to dollar index profit booking which benefited gold prices and xauusd was able to... more →
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Gold still resisting on higher levels

/ 9 April 2019 / Comments Off on Gold still resisting on higher levels
Gold Gold price fired yesterday after our buy signal which initiated near 1296$. We booked more than $700 profit in single lot yesterday. But after our target gold price could not hold the gains and reverted back below 1300$. Gold price still resisting on higher levels due to dollar index strength.  Dollar is still limiting precious... more →
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Gold analysis for next week starting 08th April 2019

/ 7 April 2019 / Comments Off on Gold analysis for next week starting 08th April 2019
Gold analysis next week Gold price tested 1298$ last week and made low of 1280.20$ when market dropped from higher levels. Since many weeks I am updating a major support of 1278$ – 1280$ in my last gold reports and it has maintained good base since then. Xauusd did not break that support despite good Non farm payroll numbers... more →
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Gold bouncing back after lows

/ 3 April 2019 / Comments Off on Gold bouncing back after lows
Gold Gold price trying to bounce back after yesterday’s lows. Xauusd made low near 1285$ before taking off from there and testing 1294$. Bullion market seems waiting for Non farm payroll which is due in next 2 days. This will give a good clear picture how we are gonna see gold silver prices in upcoming weeks. Dollar Index also... more →
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Gold under pressure after jobs data

/ 22 March 2019 / Comments Off on Gold under pressure after jobs data
Gold Gold price came under pressure as US labor department released better than expect US unemployment claims yesterday. Numbers came better than expected which gave dollar index a good push and dollar fired with dow jones index. DJIA Index tested 26000 once again and dollar also recovered its lost ground. Gold prices seems a battle... more →
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