Gold crashed below our support

/ 5 March 2019 / Comments Off on Gold crashed below our support
Gold Yesterday in my gold forecast I mentioned an important support of 1288$. Gold slipped through that support and crashed beautifully. I even recommended selling in video below 1288$. Gold is facing extreme pressure from sellers. Despite lower Dow Jones Index and Dollar it is not sustaining on higher levels. As said earlier market... more →
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Dow Jones weakness supporting Gold

/ 4 January 2019 / Comments Off on Dow Jones weakness supporting Gold
Gold Spot gold price tested above 1292$ which was a major level for bulls and currently sustaining above 1292$. Dow Jones weakness supporting higher gold prices. Dow Jones Index crashed 600 points once again last night and sustaining below 23000. Weak manufacturing numbers and higher Unemployment claims built pressure in Dow... more →
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New year started with uncertainties

/ 3 January 2019 / Comments Off on New year started with uncertainties
Gold Gold started new year with uncertainties. Yesterday Gold price moves from 1289$ to 1278$ within minutes and reverted back in same range. After US stock market opened market became wilder. We had strong dollar index and higher gold prices. A rare combination of price we seen on first day of trading year. Dow Jones Index... more →
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Gold higher on first day of new year

/ 2 January 2019 / Comments Off on Gold higher on first day of new year
Gold Spot gold price trading higher on first day of new year. Year 2019 opened with positive and currently trading at 1287$. We have many factors which are contributing to higher prices of gold. Weaker dollar index, Temporary US govt shut down are major reasons which are driving gold price higher. Good support in gold chart... more →
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Gold shining on uncertainity

/ 28 December 2018 / Comments Off on Gold shining on uncertainity
Gold Gold price are testing new highs almost daily. Xauusd slipped a bit yesterday before gaining and testing above 1275$. Markets are very uncertain as we are embarking new year. December has been a roller coaster ride for US equity markets. Dow Jones Index tested 26000 in beginning and crashed below 22000 before Christmas. It... more →
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New highs in gold

/ 26 December 2018 / Comments Off on New highs in gold
Gold Spot gold opened higher today after Christmas holiday. If you remember i am writing buy in dips since market closed above 1200$ for target of 1300$ by December end. We still have 3 trading sessions left this year and we are almost 30$ far from my yearly target. Even 1270$ closing would be a good result of buying from... more →
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