Dollar crushed gold price

/ 28 March 2019 / Comments Off on Dollar crushed gold price
Gold Last night gold price were crushed by dollar index. Dollar dramatic rise resulted in gold price 11$ crash from its peak. However gold was still holding above water and did not break 1308-1307$ last night. Now we are trading near very good base which stands at 1307$. If market break and hold below then we may have further consequences... more →
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Gold resisting on higher levels

/ 27 March 2019 / Comments Off on Gold resisting on higher levels
Gold Gold price tried to break above 1320-1322$ zone but it could not cross the hurdle of 1326$ and reversed from higher levels. Gold prices are resisting on higher levels. I would call it a consolidation before big move as mostly market remain positive for now. Mild dollar index advances was main reason to bring gold price back... more →
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Gold fired after our buy signal

/ 26 March 2019 / Comments Off on Gold fired after our buy signal
Gold Comex Gold price fired after our buy signal initiated at 1317$ yesterday. We enjoyed the mild rally and exited around 1324.50$. After achieving our target gold price came down a bit and currently trading at 1318.50$. Xauusd retraced from highs as dow jones recovered from lows which gave strength to dollar index as well. Even... more →
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Gold in positive zone

/ 25 March 2019 / Comments Off on Gold in positive zone
Gold Comex Gold price opened higher today and sustaining on higher levels for now. Majority of buy is due to Dow Jones Index crash. DJIA Index is falling since friday right after our sell signal. Its still falling and even today its down more than 100 points. DJIA Index crash is effecting dollar index which is under pressure as well.... more →
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Gold under pressure after jobs data

/ 22 March 2019 / Comments Off on Gold under pressure after jobs data
Gold Gold price came under pressure as US labor department released better than expect US unemployment claims yesterday. Numbers came better than expected which gave dollar index a good push and dollar fired with dow jones index. DJIA Index tested 26000 once again and dollar also recovered its lost ground. Gold prices seems a battle... more →
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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 signal target achieved 19th March 2019

/ 19 March 2019 / Comments Off on Gold signal target achieved 19th March 2019
Gold signal A good day for our gold signals subscribers. I asked them to buy this precious metal yesterday itself. In fact in my today’s gold update i recommended to buy in dips to my readers. Lets see what xauusd signal i gave to our subscribers. Buy Gold at 1303.30$ with stop loss of 1296.30$ for target of 1311$. Xauusd fired... more →
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Fed Meet ahead

/ 19 March 2019 / Comments Off on Fed Meet ahead
Gold Gold price moved a bit higher since yesterday. Market is moving a bit tight and trading in a narrow range. We have Fed meet outcome tomorrow and market is focusing on that only. Tomorrow we will come to know how FOMC plans to move ahead with interest rate. If they comment on recent job numbers which came worse than expected.... more →
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Gold prices driving on Brexit uncertainty

/ 14 March 2019 / Comments Off on Gold prices driving on Brexit uncertainty
Gold Gold prices fired last night and tested 1311$ after UK’s parliament rejected hard brexit. There is another discussion on table whether they should increase the deadline of 29th March or not. Gold likes uncertainty and this is what driving gold prices higher. We still dont have clear idea whether UK will be able to exit... more →
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Brexit deal still in play

/ 13 March 2019 / Comments Off on Brexit deal still in play
Gold After January failure UK’s PM faced another deal rejection last night in British Parliament. This was a serious blow to her efforts as Brexit deadline is coming soon. Now UK Parliament will vote again in May and Brexit matter is dragging too much. Its been a long i have seen this much politics in west which is hampering... more →
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