Correction or Consolidation in Gold ?

/ 20 August 2019 / Comments Off on Correction or Consolidation in Gold ?
Gold Comex gold crashed from 1535$ to 1495$ due to delayed tariffs by US. Last week White House informed that additional tariffs on $300 billion goods which were suppose to kick in from September will now come in effect from December. This simple move by Washington gave a good jump to Dow Jones Index which recovered nearly 600 points... more →
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Gold crushed by delayed tariffs

/ 14 August 2019 / Comments Off on Gold crushed by delayed tariffs
Gold Comex gold crushed by delayed tariffs on Chinese goods. White house release statement yesterday confirming that new tariffs on Chinese goods which was supposed to kick off this September will not activate by September. US delayed tariffs till December. This sent an extremely positive signal in market as Dow Jones Index recovered... more →
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Gold bulls taking charge

/ 13 August 2019 / Comments Off on Gold bulls taking charge
Gold Comex gold firing with full guns as its currently trading at highest point of the week 1519$. Gold bulls taking charge and driving xauusd higher as risk is rising in market. Dow Jones Index already lost more than 1500 points from its peak of 27300-400 and its just getting deeper every week. Big red in wall street is not a good... more →
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Gold rising with uncertainty

/ 7 August 2019 / Comments Off on Gold rising with uncertainty
Gold Comex gold rising with uncertainty in market. Dow Jones crashed nearly 1500 points from its peak of 27300 odd levels to 25800. This vertical crash triggered this Monday when China devalued its currency and president trump didn’t waste time to login his twitter and criticized it. Market is almost certain we will see more... more →
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First rate cut after recession tanked market

/ 1 August 2019 / Comments Off on First rate cut after recession tanked market
Gold Federal Reserve finally cut interest rate of 0.25%. This is first time fed gave a relief to interest payers since recession of 2008. No doubt market reacted badly and tanked from peaks. Dow Jones crashed from 27250 to 26850 within hours. Gold crashed from 1432$ to 1410$. Market reacted as we finally gave a nod from Federal reserve... more →
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Gold fired back from support

/ 18 July 2019 / Comments Off on Gold fired back from support
Gold Comex Gold price fired back from support of 1398$ yesterday. Dollar Index finally started showing cracks which led a good buying in xauusd and gold clocked nearly 20-22$ gains in a trading session. Tuesday dollar index was testing pretty good highs which kept gold in check and xauusd tested 1402$. Wednesday again dow jones &... more →
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Gold signal target achieved 09th July 2019

/ 9 July 2019 / Comments Off on Gold signal target achieved 09th July 2019
Gold signal A good day for our comex gold signal subscribers. I asked them to sell xauusd last night. It crashed and my subscribers exited at our target. Here is my xauusd signal which I gave to our subscribers. Sell Gold at 1399.50$ with stop loss of 1406.50$ for target of 1392$. My subscribers exited at 1392$ as we cashed more... more →
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Gold crashed after highs

/ 26 June 2019 / Comments Off on Gold crashed after highs
Gold Comex gold price crashed after making highs near 1450$. Xauusd could not hold gains and precious metals pack crashed. Yesterday US data were pretty bad which ignited gold prices in evening. But dollar index advanced in late night and precious metals crashed from highs. Comex gold crashed from 1446$ to 1404$. Yesterday Trump... more →
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Fed drives gold higher

/ 20 June 2019 / Comments Off on Fed drives gold higher
Gold Fed drives gold higher as FOMC chairman delivered speech last night. Comex xauusd fired from 1343$ to test 1394$ within hours. Yesterday was a turning point. Fed chairman Powell said that he is uncertain about interest rate. Since December 2018 Fed turned dovish from hawkish. In his every statement chairman Powell were saying... more →
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Gold fired after resistance

/ 12 June 2019 / Comments Off on Gold fired after resistance
Gold Gold price fired back as market broke resistance of 1333$ which i mentioned earlier. Gold crashed yesterday as Mexico deal were a positive note for dollar index. However market did not hold well on lower levels and reverted back from lows. Comex xauusd took support near 1318$ and bounced back almost 20$ from yesterday’s... more →
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