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 gold forecast lower NFP data... more →
Posted in: Gold Silver Updates

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 this week. Market is not able to break range of... more →
Posted in: Gold Silver Updates

Gold in a narrow range once again

Gold Gold price sustaining on higher levels but maintaining a very tight range since yesterday. Despite good movement from dollar index gold price is trading in very small range. Last night dollar index made high above 96 but gold did not crash and sustained on higher levels. Despite higher dollar gold is sustaining very well on... more →
Posted in: Gold Silver Updates

Comex & Mcx levels 18th Feb 2019

Gold Gold prices fired last Friday concerning about US and China Trade war. As said in weekly gold forecast, gold showed tremendous strength last friday. Despite flat dollar index gold fired and closed at highest point of the week. Today Gold opened positive and trading almost at highest level of the day. Gold price is not stopping... more →
Posted in: Gold Silver Updates

Comex & Mcx Gold levels 14th Feb 2019

Gold Spot gold price fired last night and tested our resistance of 1317$ which I updated in my yesterday’s gold update. Our subscribers were in long and they exited at 1317$ with more than 70 pips profit. Read full gold signal detail here But gold and silver price could not hold higher as dollar index advanced from its lows... more →
Posted in: Gold Silver Updates

Comex Gold & Mcx Levels 08th Feb 2019

Comex Gold Yesterday Comex Gold fired from 1304$ to 1312.50$. In my yesterday video I recommended to buy gold silver in dips. Even our gold signal subscriber were in buy from 1305$. Read gold signal details here After making highs above our gold signal target, gold price could not sustain on higher levels and continuing its... more →
Posted in: Gold Silver Updates

Comex Gold & Mcx Levels 07th Feb 2019

Gold Gold price crashed yesterday after Dow Jones fired once again. Good Stock market dragging gold prices. As suggested in yesterday’s gold forecast, dollar index is advancing which is main reason for gold and silver weakness. I have started making video from today’s instead writing gold and silver forecast.... more →
Posted in: Gold Silver Updates

Good jobs number crashed gold

Gold Last Friday US labor department released non farm payroll numbers which came way better than expected and dollar index fired with full guns and gold price crashed from 1323$ to 1312$ now. Even manufacturing numbers was positive which put more pressure in precious metals and resulted in weak market. Currently gold price... more →
Posted in: Gold Silver Updates

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 →
Posted in: Gold Silver Updates

Fed decision today

Gold As said in last gold forecast , gold crossed resistance and turned positive. It fired from lower levels and currently cruising above 1313$. We have crucial Fed interest rate decision today which will determine this year FOMC‘s course of action. We will have to see if Fed really hike interest rate in its first meeting... more →
Posted in: Gold Silver Updates
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