More Dovish Fed could drive gold higher

/ 20 March 2019 / Comments Off on More Dovish Fed could drive gold higher
Gold Spot gold price tested 1311$ yesterday. It was our gold signal target. We exited with around 75 pips in that trade. Gold is resisting on higher levels as we are still waiting for Fed dovish signal which is a wide expectations in market. Today we will have a road map for upcoming days. Fed will finally release its statement on... more →
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Gold replenish by Dovish Fed

/ 31 January 2019 / Comments Off on Gold replenish by Dovish Fed
Gold Gold price fired last night after a dovish statement by FOMC president. Fed said we should be patient for more interest rate hike. This gives a push to gold prices as dollar index tanked. Dovish Fed is expected as in their statement FOMC president mentioned about US economic growth which is not expected as per their projection.... more →
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