Gold crushed by Excellent Job Numbers | Is It Over For Bulls

gold technical chart
Gold Bulls Gold prices crashed from 1832$ to test 1680$ in less than a week. If you have watched my weekly gold analysis on youtube channel. You must be knowing 1670$ was an extremely important support. ( watch video here ) Last week US posted excellent job numbers. Unemployment rate fell from 5.9% to 5.4% well below expectations... more →
Posted in: Gold Silver Updates

Comex Gold & Mcx Tips targets achieved 24th April 2019

Comex Gold signal A good day for our Comex Gold signals subscribers. I asked them to buy this precious metal in morning. Xauusd fired and our subscribers exited at our target. Here is what I wrote to my gold signal subscribers today. Buy gold at 1271$ with stop loss of 1264$ for target of 1278$. Xauusd fired and our subscribers exited... more →
Posted in: Gold Silver Updates

Higher dollar pushed gold

Gold Higher dollar pushed gold prices in early session today. Gold opened slightly weak and currently trading at 1218.40$. Dollar Index trading higher at 96 and its trading nearly highest point of the day. Dollar started recovering after a crash last week. Its very crucial to gold stay above 1217$- 1218$ range to avoid the crash.... more →
Posted in: Gold Silver Updates

Bad stock market pushed gold

Gold Gold price got a small push from bad stock market. Yesterday Dow Jones Index lost more than 1000 points in single section. White house representative had to clarify about market selling. It was one of the worse selling this year which scared investors and pushed them to exit equity markets. Severe selling in stock markets around... more →
Posted in: Gold Silver Updates

Sellers took charge again as gold fails to cross 1200$

Gold As suggested in our yesterday’s technical analysis 1200-1202$ range is very crucial and xau/usd needs to cross this hurdle to resume any fresh buying. Comex gold did not cross this hurdle and fall back below 1190$. Current gold price is 1188.60$ ( spot ) and comex december futures trading at 1194.90$. Gold is unable to... more →
Posted in: Gold Silver Updates

Equity market now testing new lows in Gold

Gold Spot price of gold tested 1165$ yesterday in early morning session and yellow metal recovered from there till 1182$. In our yesterday’s gold report we mentioned resistance of 1182$, It could not break that hurdle and now trading at 1176$. Dollar Index is not moving anywhere since yesterday. Currently its roaming at 96.16... more →
Posted in: Gold Silver Updates

Gold continued to bleed

Gold Just when everyone was thinking gold has stopped crashing down it gave a shock when broke 1190$ early morning today. Currently prices are trading at 1187$ well below major support of 1190-88$. USD has crossed 96 earlier and currently gaming at 96.44 at highest point of the day and highest level of the year. We have lost nearly... more →
Posted in: Gold Silver Updates