Gold rise after tariff on China

Gold Gold price rise after President Trump tweeted that he is going to impose 25% additional tariff on chinese goods from friday. Dow Jones collapsed and gold price fired yesterday due to this tweet. He single handedly¬† storm the market upside down with single tweet. If we see in a broad way Trump’s latest tweet may start... more →
Posted in: Gold Silver Updates

Gold opened higher as Dow tanked

Gold Gold price opened higher as Dow Jones tanked and still trading more than 1% down from Friday’s closing. Dow Jones trading near very crucial level of 26000. This is a very important psychological level to hold. If Dow Jones break and sustain below then we may see more downside in dow jones and it may lead good levels in... more →
Posted in: Gold Silver Updates

Gold waiting for Non farm payroll

Gold Gold price tested 1267$ and bounced back to test 1272$ from lows. I updated a major base support at 1266$ in my last gold report. Xauusd respected that support pretty closely and bounced back from lows. Since bouncing from lows gold is trading in a narrow range. I believe market is waiting for non farm payroll numbers which... more →
Posted in: Gold Silver Updates

Gold crashed after Fed

Gold Gold price fired from 1279$ to 1286$ after FOMC announced no rate cut or hike last night. But it was a short lived rise in gold. As soon as Fed chairman Powell started delivering his speech , xauusd crashed dramatically and it tested new intraday low last night itself. Gold crashed from 1286$ to 1274$ and still continuing its... more →
Posted in: Gold Silver Updates

Gold fired after slow growth forecast from BOC

Gold analysis Gold price fired from its lows yesterday after Bank of Canada forecast slow growth in 2019. We taken advantage of this rise as our buy gold signal initiated at 1271$ and we booked profit at 1278$. Bank of Canada’s statement came after Fed already took its dovish stand from January this year.¬† We may see more... more →
Posted in: Gold Silver Updates

Comex Gold & Mcx Tips targets achieved 24th April 2019

Comex Gold signal A good day for our Comex Gold signals subscribers. I asked them to buy this precious metal in morning. Xauusd fired and our subscribers exited at our target. Here is what I wrote to my gold signal subscribers today. Buy gold at 1271$ with stop loss of 1264$ for target of 1278$. Xauusd fired and our subscribers exited... more →
Posted in: Gold Silver Updates

Gold opened higher after long weekend ( updated 23rd april )

Gold Gold price opened higher after long weekend. Easter weekend was pretty long. Last week gold price closed around 1275$. Gold tested nearly 1271$ on account of higher dollar index. Last week higher world stock market put pressure in xauusd. Gold was under extreme pressure last week and still precious metals trading higher due... more →
Posted in: Gold Silver Updates

Gold opened weak Monday

Gold Gold price opened weak today as world stock markets are trading in green. Good equity markets are putting pressure in precious metals. Good opening in Dow Jones also pushed dollar index higher which is pressuring gold silver price for now. Last week US unemployment claims drop at 50 year low which was a delighted feat for President... more →
Posted in: Gold Silver Updates

Gold in pressure after Chinese Data

Gold Gold prices are under pressure after China released their manufacturing numbers. Numbers came better than expected which cleared the air that China’s economy might struggle due to ongoing trade war between US & China. Finally numbers are looking good and China seems safe from any effect for now. This data pushed Dow... more →
Posted in: Gold Silver Updates

Gold resumed buying

Gold Gold resumed buying after 20$ crash last friday. Xauusd settled above 1290$ for weekly closing which gave a mild boost to gold buyers. As i was writing continuously 1288$ is major base in gold. It did not sustain below 1288$ last week and bounced from very same level. Dollar Index also lost its some gains and closed mildly negative... more →
Posted in: Gold Silver Updates
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