Brutal crash in gold price. Expecting more power to sellers

Gold price crash Gold price crashed from 2070$ to test 1880$ yesterday. Brutal crash in gold price catalyst by Russian vaccine announcement. Russia announced, they have registered world’s first corona virus vaccine. Russian president Putin also informed that his daughter also received the shot and its completely safe. Second reason was Trump’s statement that he …

Are we heading towards depression ?

Depression in 2020 – 2021 ? Are we heading towards depression in 2020 or 2021 ? Well simple answer is Yes and No.¬†We may see major recession and that is inevitable now. World cannot go without recession in 2020 – 2021 that is for sure. How severe is the recession that is another topic altogether. …

Comex Gold crashed after our sell signal

Gold Comex Gold crashed after my sell signal initiated at 1283$. I advised my clients to take profit at 1277$. We booked nearly 60 pips profit and made approx $600 profit in gold trade last night. Silver & Dow Jones signals also fetched us more than $2000 combine profit. We were in sell in gold, …

Gold on higher side due to trade war risk

Gold Comex Gold price trading on higher side due to trade war risk. Last week gold price fired after our buy gold signal initiated at 1277$. Since then xauusd has gained more than 10$ and precious metals are holding their gains. Currently precious metals are on higher range as risk is rising every day due …

Gold unmoved by Fed minutes

Gold Comex Gold price did not move anywhere despite waiting for Fed meeting minutes for 2 days. Gold just tested 1269.50$ and bounced back pretty hard from there. According to minutes, Fomc chairman said dip in inflation is temporary and this does not concern fed for now. Fed will stay on course and might not …

Gold fired as China introduce additional tariffs

Gold Gold price fired last night as China introduced additional tariffs on US goods yesterday. As discussed in yesterday’s gold prediction, China may impose additional tariffs on US goods. China did exactly the same and market reacted sharply due to additional tariffs. Dollar Index took a hit and dow jones lost more than 2% last …

Gold down Dow Jones Up

Gold Gold price down as Dow Jones marching towards lifetime high once again. Better than expected home sales and consumer sentiment data pushed dow jones near lifetime high. Today we have FOMC meeting decision regarding interest rate. Most probably we wont see any rate hike. However Fed statement would be very crucial today. We are …

Gold made bottom ?

Gold Gold price finally took off from lows and many subscribers asking me if gold made bottom already. Well its a tricky question as we are still some hours away from US GDP numbers. However yesterday US numbers were pretty mixed and that boosted gold prices. US unemployment claims rises unexpectedly which is a shocker …

Gold signal target achieved 19th March 2019

Gold signal A good day for our gold signals subscribers. I asked them to buy this precious metal yesterday itself. In fact in my today’s gold update i recommended to buy in dips to my readers. Lets see what xauusd signal i gave to our subscribers. Buy Gold at 1303.30$ with stop loss of 1296.30$ …