Gold dream run continues. More to come ?

Gold price dream run Gold price continuing its dream run. From 1450$ to 1870$ within 3 months. Earlier in my post I cleared my stand on gold prices. If you are reading my article or watching my daily youtube videos then you must be knowing we are in buy. However gold has gained nearly 30% from its March’s low and continuing... more →
Posted in: Gold Silver Updates

Gold crashed as Stock market recovered from lows

Gold Spot gold price crashed yesterday from 1579$ to 1548$. We were in sell from 1575.20$ as my sell signal initiated on this level. We booked profit at 1566.20 & made nearly $900 profit per lot in yesterday’s gold trade. Major crash in gold was sponsored by higher dollar index & world stock markets. Dow Jones recovered... more →
Posted in: Gold Silver Updates

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 1544$ to 1505$ within hours after data. Many analysts were expecting weak data from US as we have some recession rumor going on in market. But US did... more →
Posted in: Gold Silver Updates

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 farm payroll & Unemployment rate from US. These jobs numbers will be deciding factor for gold price in upcoming weeks. Later in week we have Fed chairman... more →
Posted in: Gold Silver Updates

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 will not activate by September. US delayed tariffs till December. This sent an extremely positive signal in market as Dow Jones Index recovered... more →
Posted in: Gold Silver Updates

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 tanked from peaks. Dow Jones crashed from 27250 to 26850 within hours. Gold crashed from 1432$ to 1410$. Market reacted as we finally gave a nod from Federal reserve... more →
Posted in: Gold Silver Updates

Gold dropped as tensions eased

Gold Gold price dropped as tensions eased between US & China. According to President Trump Mexico and US reached on an agreement regarding illegal immigrants. It means there wont be further tariffs on mexican goods as proposed by White house. There is no official announcement from White house as of now but we might see official... more →
Posted in: Gold Silver Updates

Gold firing continuously as risk continues

Gold Comex Gold price firing continuously as looming risk due to trade war between US & China. China finally threatened US that it may or may not control or completely stop rare earth exports. If China finally take this measure then trade war could get ugly as most of major industries depends on rare earth metals. Even US army... more →
Posted in: Gold Silver Updates

Gold on higher side due to trade war risk

Gold Comex Gold price trading on higher side due to trade war risk. Last week gold price fired after our buy gold signal initiated at 1277$. Since then xauusd has gained more than 10$ and precious metals are holding their gains. Currently precious metals are on higher range as risk is rising every day due to latest ban on Huawei... more →
Posted in: Gold Silver Updates

Gold fired after buy signal

Gold Comex Gold fired after our buy signal initiated at 1277$ for target of 1284$. Our subscribers enjoyed nearly 70 pips profit and made $700 profit per lot yesterday in gold trade. Major buying came due to weak Dow Jones Index which also was a sell for my subscribers. Dow Jones signal also fetched us more than $1100 profit per... more →
Posted in: Gold Silver Updates
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