Gold price trend remain flat, Fed will be decider today

/ 13 June 2018 / Comments Off on Gold price trend remain flat, Fed will be decider today
Gold price trend Gold price trend remained flat since yesterday. It gave a small crack when US data came mix to positive. But since then its surviving around 1294$ to 1300$. Traders are still waiting for Fed decision. It seems gold price has already discounted 25 bps hike and now we will have to see if Fed hikes more than 25 bps... more →
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Gold analysis 11 august 2017

/ 11 August 2017 / Comments Off on Gold analysis 11 august 2017
Gold analysis As expected and mentioned in yesterday’s post , gold fired and tested almost 1290$ . A good support on daily chart stands at 1275$ . If traders take this base out and manage to sustain trade below our support today . Then expect more profit booking in this major commodity upto 1267$ – 1260$ today . A good... more →
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Weekly Gold forecast 3rd week May 2017

/ 14 May 2017 / 2 Comments
Weekly Gold forecast Last week Comex Gold ( xau/usd ) prices cracked and tested around 1215$ . However they recovered pretty quick and tested 15$ up 1230$ the very next day . Final closing came at 1228$ which is above 1225$ giving a small peace of mind to xauusd buyers . A good weekly resistance on technical chart stands at 1252$... more →
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Gold Silver price forecast update 04th January 2017

/ 4 January 2017 / Comments Off on Gold Silver price forecast update 04th January 2017
Gold forecast Comex Gold ( xauusd ) price trading at 1162$ . Yesterday it made lows near 1147$ and fired back till 1165$ . A good resistance on daily chart stands at 1172$ . If traders break this major hurdle and manage to sustain trade above our resistance today . Then expect gold prices to test upto 1181$ – 1190$ today . A... more →
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Gold Silver price forecast update 30th December 2016

/ 30 December 2016 / Comments Off on Gold Silver price forecast update 30th December 2016
Gold price forecast Comex Gold ( Xauusd ) price trading at 1162$ . Yesterday it fired from lower levels and continued its run . Main fire in xauusd price came due to weakness in dollar index. Dollar weakness is direct related to precious metals rise.Today it has a good resistance on daily chart at 1172$ . If traders break this major... more →
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Gold Silver price forecast update 29th December 2016

/ 29 December 2016 / Comments Off on Gold Silver price forecast update 29th December 2016
Gold forecast Comex Gold ( xauusd ) price trading at 1149$ . Since yesterday its showing some momentum towards buyers but volumes are still very low due to New year . Its just one more trading session left before we enter in 2017 . A good resistance on daily chart stands at 1161$ . If traders break this major hurdle and manage to... more →
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Gold Silver price forecast update 12th December 2016

/ 12 December 2016 / Comments Off on Gold Silver price forecast update 12th December 2016
Gold forecast Gold ( xauusd ) price opened lower today and still trading in lower band at 1157$ . A good support on daily chart stands at 1148$ . If traders break this major base level and manage to sustain trade beneath our support today . Then expect gold price to test upto 1140$ – 1131$ today . A good resistance on daily... more →
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Intraday Gold Silver price forecast 07th November 2016

/ 7 November 2016 / Comments Off on Intraday Gold Silver price forecast 07th November 2016
Gold forecast Gold ( xauusd ) price opened lower following cues from US elections . FBI turned down case against presidential candidate Hillary Clinton . Hillary is market’s favorite so Dow Jones future and other equity markets are up and precious metals are down . Currently prices are trading at 1291$ . A good support on chart... more →
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Intraday silver gold price forecast 10th august 2016

/ 10 August 2016 / Comments Off on Intraday silver gold price forecast 10th august 2016
Silver forecast Silver ( xagusd ) price trading at 20.20$ . It fired from 19.65$ till 20$ . We cashed it completely as our buy signal initiated at 19.67$ yesterday and we booked profits at 19.87$ . A good support on intraday silver chart stands at 19.80$ . If traders break this major support and manage to sustain trade beneath our... more →
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