Is Gold Ripped For Higher Moves ?

Gold Forecast Gold prices crashed after making highs of 2075$ last year. This year gold tested 1670$ and bounced back after making a good double bottom. Currently gold price trading at 1780$. So are we ripped for new higher moves in upcoming weeks or we will crash again to test new lows in upcoming weeks …

US Job Numbers & Power Transition Will be Crucial for Gold

Power Transition & US Job Numbers Yesterday Trump supporters rioted in Washington DC & Entered in Capitol Hill Building illegally. Four rioters died while more than 50 injured. Trump supporters tried to enter in Capitol Hill to reverse Joe Biden win as House was about to certify Joe Biden’s Presidency. Trump supporters interrupted the proceeding …

Gold dream run continues. More to come ?

Gold price dream run Gold price continuing its dream run. From 1450$ to 1870$ within 3 months. Earlier in my post I cleared my stand on gold prices. If you are reading my article or watching my daily youtube videos then you must be knowing we are in buy. However gold has gained nearly 30% …

Gold looking to test new lifetime high in 2020

Gold forecast Gold is trading in a roller coaster since few weeks. Even last week gold tested 1710$ after making lows of 1679$. Xauusd settled below 1700$ at Friday’s closing. Spot gold ruined many traders in past with its 50-60$ move in single day. Last Friday gold higher move came when Dow Jones lost more …

Are we heading towards depression ?

Depression in 2020 – 2021 ? Are we heading towards depression in 2020 or 2021 ? Well simple answer is Yes and No. We may see major recession and that is inevitable now. World cannot go without recession in 2020 – 2021 that is for sure. How severe is the recession that is another topic altogether. …

Davos meeting come with Chaos in Market

Gold forecast Yesterday when i was making video for my youtube channel gold was trading at 1566$. Just in 6-7 hours gold crashed from 1567$ to test 1546$. A good 21$ crash without any major reason or announcement. We had a sell in gold as i gave a sell gold signal at 1559$ for target …

Gold under pressure due to rising dollar

Gold Gold prices are under pressure as dollar index is rising after a disaster last week.  Despite weak Dow Jones Index even today dollar is rising due to short covering. Gold opened flat at 1287$ and then started retracing from higher levels. This week US will release retail sales number which would give idea how …

Uncertainty is key in gold prices

Gold Gold price still holding above water due to uncertainty in world markets. Brexit & US, China war pushing gold prices higher everyday. Currently gold prices trading at 1302$ and price action suggesting more highs this week unless something actually happens. Politics over Brexit and delay in US, China’s decision over their trade war is …

Fed powers gold again

Gold According to Indian time early morning today we had Fed chairman Powell interview. Its a rare scenario to give interview by a central bank governor but it was a meaningful one as we have some insights now how fed is reacting to new data which are signaling a slow down. As said in yesterday’s …

Dovish Fed supporting Gold

Gold Gold price made another low ast night at 1323.40$ and bounced back to test 1330$ once again. Usually I would say this is because gold is very positive and market may fire more as gold did not hold on lower levels. But gold price is trading in a very narrow range since it opened …