Gold Forecast Gold prices crashed after making highs of 2075$ last year. This year gold tested 1670$ and bounced back after making a good double bottom. Currently gold price trading at 1780$. So are we ripped for new higher moves in upcoming weeks or we will crash again to test new lows in upcoming weeks …
Tag archives: gold trend
Gold crashed after our signal
Gold Gold prices crashed after our sell signal initiated yesterday at 1304$. Gold was almost at its peak and we decided to push sell button. Main reason of our selling was fundamental instability. Ofcourse this is a positive for gold that world is uncertain towards Brexit and US, China trade war. But there was a …
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 …
Gold reversal from lows ?
Gold Last week gold prices had wild moves as it tested 1349$ and reversed from there to make lows near 1320$ which was our support for inraday trend. I updated this support in my gold update. But gold did not break our support price and reversed from 1320$ to test 1333$ last Friday. We had …
Gold finally crossed resistance
Gold After almost 24 days of struggling with 1298$-1300$ range. Last week gold finally crossed resistance of 1302$ and even gave a close above 1302$. Gold gave a stunning 20$ gains last friday and closed almost all bears while breaking above 1300$. Currently gold price trading at 1302$. Good support in this precious metal price …
Dollar drive gold again
Gold Dollar Index drive gold price once again. Dollar is driving the gold prices as it crashed yesterday which resulted in spike and then recovered which caused pressure in xauusd from highs. Currently gold is fix at 1223$ but main driving force is dollar index only. Dow Jones Index crashed once again from highs and …
Stock market crash keep gold above 1200
Gold Stock market crash keep gold above 1200$. Since yesterday Dow Jones Index has lost nearly 400 points and continuing its downward journey. This is keeping gold above water and helping it to stay afloat. Yesterday Gold price broke 1200$ as dollar index advances again but bad stock market pushed precious metals prices a bit …
Gold opened higher on tensions
Gold Gold price opened slightly higher due to geo political tensions. China decided to slap additional tariff on US goods from tomorrow. Beijing retaliating Trump’s latest tariff which kicked last week. We may see more on this in a day or two as Trump will fire again on China. US and Saudi also brewing tensions …
DJIA defused Gold gains (Weekly analysis)
Gold Spot gold price tried to break our major hurdle of 1209$ last week but DJIA index broke all records and closed at lifetime high. Investors found another way to shift their money. Last week we had good gains in gold as it moved past ahead of 1209$. But xauusd gains could not hold and …
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Gold rise began part 2
Gold As stated in yesterday’s gold update gold rise began. Spot gold price did not updated any low and continuously updating highs. It broke major resistance of 1209$ in early morning session and currently spot trading at 1208.80$, Comex futures trading at 1213.50$. DJIA Index tradingat lifetime high and updating new highs every hour since …