Uncertainty is key in gold prices

Gold Gold price still holding above water due to uncertainty in world markets. Brexit & US, China war pushing gold prices higher everyday. Currently gold prices trading at 1302$ and price action suggesting more highs this week unless something actually happens. Politics over Brexit and delay in US, China’s decision over... more →
Posted in: Gold Silver Updates

Gold prices driving on Brexit uncertainty

Gold Gold prices fired last night and tested 1311$ after UK’s parliament rejected hard brexit. There is another discussion on table whether they should increase the deadline of 29th March or not. Gold likes uncertainty and this is what driving gold prices higher. We still dont have clear idea whether UK will be able to exit... more →
Posted in: Gold Silver Updates

Fed powers gold again

Gold According to Indian time early morning today we had Fed chairman Powell interview. Its a rare scenario to give interview by a central bank governor but it was a meaningful one as we have some insights now how fed is reacting to new data which are signaling a slow down. As said in yesterday’s gold forecast lower NFP data... more →
Posted in: Gold Silver Updates

Gold fired after bad jobs data

Gold As said in Friday’s gold forecast gold price depends on Non farm payroll. NFP data came way below than expected. This gave a very positive push to precious metals. Gold tested above 1300$ but could not break our Friday’s resistance which I mentioned at 1302$. Non farm data may impact Fed decision to hike more interest... more →
Posted in: Gold Silver Updates

Gold signal target achieved 08th March 2019

Gold signal A good day for our gold signals subscribers. I asked them to buy gold 2 days ago. Since then we are holding our positions and waiting for target. Today xauusd fired and our subscribers exited at our target. Lets see what gold signal we wrote to our subscribers. Buy Gold at 1286$ with stop loss of 1279$ for target of 1293.50$.... more →
Posted in: Gold Silver Updates

Gold depends on NFP now

Gold Gold price is moving in a small range since Monday and its moving in a very narrow¬† range. Gold is moving from 1280$ to 1290$ entire week and not going anywhere. We have one gold signal running since 3 days and we still yet to achieve target or stop loss in position. So you may have an idea how narrow our gold range is. Currently... more →
Posted in: Gold Silver Updates

Gold sustaining 1280$ for now

Gold Gold price crashed from 1349$ to 1290$ last week. Even this week market is sustaining below 1290$ and gold is not able to cross any of our resistance. Yesterday gold tried to jump the resistance of 1292$ but dollar index advanced was too high to cross and dollar index suppressed yesterday’s gold gains. Currently gold price... more →
Posted in: Gold Silver Updates

Gold melted as dollar advanced

Gold Gold price melted as dollar index bounced back from lows. Unlike Tuesday this time gold could not hold its gains and melted back below 1320$. Ongoing US & China’s smooth talks and smooth summit with North Korea is reason which is driving dollar index higher. I have sent a small caution in my video and indicated a double... more →
Posted in: Gold Silver Updates

Dovish Fed supporting Gold

Gold Gold price made another low ast night at 1323.40$ and bounced back to test 1330$ once again. Usually I would say this is because gold is very positive and market may fire more as gold did not hold on lower levels. But gold price is trading in a very narrow range since it opened this week. Market is not able to break range of... more →
Posted in: Gold Silver Updates

Gold in a narrow range once again

Gold Gold price sustaining on higher levels but maintaining a very tight range since yesterday. Despite good movement from dollar index gold price is trading in very small range. Last night dollar index made high above 96 but gold did not crash and sustained on higher levels. Despite higher dollar gold is sustaining very well on... more →
Posted in: Gold Silver Updates
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