Gold, USD Index fired, Euro crashed on Draghi speech

Gold trend analysis Gold price zoomed to test our major hurdle of 1309$ but it could not sustain on higher levels. Luckily our intraday target was 1309$ only and our subscribers exited at our target. We fetched $800 profit on standard lot yesterday in our buy trade signal. USD Index fired due to crash in euro . Eurusd crashed on... more →
Posted in: Gold Silver Updates

Gold price trend remain flat, Fed will be decider today

Gold price trend Gold price trend remained flat since yesterday. It gave a small crack when US data came mix to positive. But since then its surviving around 1294$ to 1300$. Traders are still waiting for Fed decision. It seems gold price has already discounted 25 bps hike and now we will have to see if Fed hikes more than 25 bps... more →
Posted in: Gold Silver Updates

Silver, Crude oil, Euro technical analysis May 31, 2018

Silver price analysis Comex silver price recovered from lows of 16.30$ and outperforming gold price since yesterday. As of now 4.36am IST prices are cruising at 16.49$. It has made high of 16.54$ and low of 16.47$ so far. Last night ADP non farm employment change came lower than expected which gave a kick to gold silver prices. Even... more →
Posted in: Crude oil Updates

Gold price forecast today May 17, 2018

Gold price forecast today Gold price today trading at 1289$, It made low of 1286$ (lowest point since December 2017) yesterday and then tried to recover above 1292$ but could not succeed. Currently prices are comforting below 1290$. A good support on gold chart stands at 1280$, If traders take this base out and manage to sustain... more →
Posted in: Gold Silver Updates