Gold crashed after Fed

Gold Gold price fired from 1279$ to 1286$ after FOMC announced no rate cut or hike last night. But it was a short lived rise in gold. As soon as Fed chairman Powell started delivering his speech , xauusd crashed dramatically and it tested new intraday low last night itself. Gold crashed from 1286$ to 1274$ and still continuing its... more →
Posted in: Gold Silver Updates

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 as market... more →
Posted in: Gold Silver Updates