FOMC minutes crashed gold from high

Gold Yesterday we took a sell in gold when I sent a signal to sell gold at 1342$. Even in my yesterday’s video I said clearly that we might see pressure in precious metals. But we exited from golf sell before fed meeting minutes which always shows us insight of last meeting. Gold finally tanked from highs of 1345$ and currently... more →
Posted in: Gold Silver Updates

Fed minutes cleared path for another rate hike

Gold Last night FOMC released its last meeting minutes which cleared path for another rate hike. Its certain now we will have one more rate hike this year in next FOMC meet. Interesting point was Fed is still very confident on US economy and did not show¬† any sign of slowing down. We may see further rate hikes next year which means... more →
Posted in: Gold Silver Updates