Mcx & Comex Levels 19th Feb 2019

Gold Spot gold price trading flat since yesterday. It made high near 1328$ which was our resistance posted in yesterday’s gold update. Currently gold price trading at 1323.50$. Yesterday we had no movement at all as US markets were closed due to President Day. Today Dollar Index is advancing so a little pressure in gold prices.... more →
Posted in: Gold Silver Updates

US & Saudi tensions may drive Gold higher

Gold Tensions between US and Saudi rising everyday. Khashoggi disappearance had given a major problem to Saudi. President Trump has kept Saudi on its tows over Khashoggi disappearance and murder. Saudi has taken some steps to ensure everything runs smooth. But Trump doesn’t seem satisfied at all. Turkey who was facing wrath... more →
Posted in: Gold Silver Updates

Gold on fire after Dow crash

Gold Gold price fired after Dow crashed more than 1500 points in just two trading session. We enjoyed this big jump as our buy initiated at 1190$ and our subscribers booked at 1198$. We made more than $800 profit. Most importantly we were not in sell side. When I updated our yesterday’s gold post I hinted where market going... more →
Posted in: Gold Silver Updates

Buyers waiting to buy gold

Gold Gold price did not move anywhere and currently trading in almost same range since yesterday. .Spot is trading at 1190.30$ and Comex futures trading at 1193.50$. Traders seems to be waiting for buy in every dip as gold is not able to crash nor rising. Despite good rise in dollar index gold is pretty stable and not showing much... more →
Posted in: Gold Silver Updates

Gold recovered from lows

Gold Spot gold price dropped further yesterday. In last gold update i already mentioned market is looking weak. Even in our chat room i advised not to buy this precious metals. Xauusd crashed yesterday and tested 1183$. It bounced back after lows and currently cruising above 1190$ which is actually a good sign for buyers. Dollar... more →
Posted in: Gold Silver Updates

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$. But xauusd gains could not hold and it crashed back. We clocked more than 14$... more →
Posted in: Gold Silver Updates

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... more →
Posted in: Gold Silver Updates