Gold rising on weak dollar index

/ 4 June 2019 / Comments Off on 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 →
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Gold firing continuously as risk continues

/ 3 June 2019 / Comments Off on 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 →
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Gold fired after buy signal

/ 31 May 2019 / Comments Off on 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 →
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Gold waiting for US GDP numbers

/ 30 May 2019 / Comments Off on Gold waiting for US GDP numbers
Gold Gold price waiting for US GDP numbers. We have prelim quarterly GDP numbers today from US today. Yesterday we had major event in market as Robert Mueller gave an unexpected appearance and spill some beans on Russian probe investigations. Even though he cleared that charging US president is not an option but his statement crushed... more →
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Gold flat after memorial day holiday

/ 28 May 2019 / Comments Off on Gold flat after memorial day holiday
Gold Comex Gold price trading flat after Memorial day Holiday. Precious metals were holding a bit since yesterday and due to Memorial Day holiday in US we had flat to low volumes. Even today we opened a bit weak but currently trading in a 2$ range since early morning. In my yesterday’s gold report i suggested gold is on higher... more →
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Gold on higher side due to trade war risk

/ 27 May 2019 / Comments Off on 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 to latest ban on Huawei... more →
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Gold waiting for Fed minutes

/ 22 May 2019 / Comments Off on Gold waiting for Fed minutes
Gold Comex Gold price is trading in a 6-7$ range since yesterday. We did not see any major movement and xauusd trading in a small range. We did not move anywhere since we broke 1290$ and trading below 1290$ range. Bullion market is trading in a tight range since Monday and we might be waiting for Fed/FOMC meeting minutes which are... more →
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Gold collapsed as dollar index fires

/ 20 May 2019 / Comments Off on 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 →
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Gold crashed as Dow soars

/ 17 May 2019 / Comments Off on 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 →
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Gold consolidated after Dow Jones rise

/ 16 May 2019 / Comments Off on Gold consolidated after Dow Jones rise
Gold Comex Gold price tested 1292.80$ last night after high of 1301$. Main consolidation came after Dow Jones rise from lower levels. Dow Jones also caused rise in dollar index which eventually put pressure in xauusd. Since yesterday precious metals market is trading in a small range and we are stuck in 4-5$ range since yesterday. Today... more →
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