Gold dropped as tensions eased

Gold Gold price dropped as tensions eased between US & China. According to President Trump Mexico and US reached on an agreement regarding illegal immigrants. It means there wont be further tariffs on mexican goods as proposed by White house. There is no official announcement from White house as of now but we might see official... more →
Posted in: Gold Silver Updates

Gold rising on weak dollar index

Gold Gold price continuing its mighty rise and took another leap from 1312$ to 1325$ yesterday. Gold driving forces are weak dollar index and weak dow jones. Growth concern and trade war between US & China still dragging stock markets which is supporting gold price. Many market order and market stop was triggered when xauusd... more →
Posted in: Gold Silver Updates

Gold firing continuously as risk continues

Gold Comex Gold price firing continuously as looming risk due to trade war between US & China. China finally threatened US that it may or may not control or completely stop rare earth exports. If China finally take this measure then trade war could get ugly as most of major industries depends on rare earth metals. Even US army... more →
Posted in: Gold Silver Updates

Gold fired after buy signal

Gold signal Today is good day for my comex gold signals subscribers. I asked them to buy xauusd yesterday. Gold fired and my subscribers exited at target. Here is my gold signal which i sent to my subscribers yesterday. Buy Gold at 1282$ with stop loss of 1275$ for target of 1289.40$. Xauusd fired and we exited at 1289$. My clients... more →
Posted in: Gold Silver Updates

Gold fired after buy signal

Gold Comex Gold fired after our buy signal initiated at 1277$ for target of 1284$. Our subscribers enjoyed nearly 70 pips profit and made $700 profit per lot yesterday in gold trade. Major buying came due to weak Dow Jones Index which also was a sell for my subscribers. Dow Jones signal also fetched us more than $1100 profit per... more →
Posted in: Gold Silver Updates

Gold collapsed as dollar index fires

Gold Gold price collapsed as dollar index fires from lows and trading at 2 year’s high. Good US numbers and rising dow jones resulted in higher dollar which pressured entire precious metals pack. Silver also collapsed and closed below 14.40$ last friday which is an extremely bearish close for comex silver. This week we have... more →
Posted in: Gold Silver Updates

Gold crashed as Dow soars

Gold Gold price crashed from 1298$ to 1284$ last night as Dow Jones Index soars after good US data. US posted exceptionally well data yesterday which gave a good push to stock market and dollar index. Building permits rise from 1.29M to 1.30M , Philly manufacturing Index rise from 8.5 to 16.6, Unemployment claims down from 228K to... more →
Posted in: Gold Silver Updates

Gold in pressure from higher levels

Gold Gold price in pressure from higher levels as Dow Jones recovered more than 400 points from its lowest levels. Dollar Index reversing from lows and its causing pressure in comex gold prices. Gold made high above 1303$ and currently trading around 1293$. It took a sweet 10$ hit from highs due to Dow jones and Dollar recovery from... more →
Posted in: Gold Silver Updates

Gold hovering around resistance

Gold Gold price again dip from highs and made low around 1280$ before recovering to test new high. In my yesterday’s gold analysis, I mentioned support of 1278$ which gold respected pretty well. Gold price trading in 6-7$ range since Tuesday and trying to break resistance since then. Even yesterday gold tested 1290$ and reversed... more →
Posted in: Gold Silver Updates

Gold rise after uncertainty

Gold Gold p rice rise from 1278$ to 1287$ after uncertainty in world market. As discussed in last gold report president Trump decision to impose 25% additional tariff on chinese goods worth $200 billion may start trade war once again. We will have to wait till Friday how market reacts when tariff kicks in. Due to uncertain retaliation... more →
Posted in: Gold Silver Updates
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