Gold melted as dollar advanced

/ 28 February 2019 / Comments Off on Gold melted as dollar advanced
Gold Gold price melted as dollar index bounced back from lows. Unlike Tuesday this time gold could not hold its gains and melted back below 1320$. Ongoing US & China’s smooth talks and smooth summit with North Korea is reason which is driving dollar index higher. I have sent a small caution in my video and indicated a double... more →
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Gold higher on first day of new year

/ 2 January 2019 / Comments Off on Gold higher on first day of new year
Gold Spot gold price trading higher on first day of new year. Year 2019 opened with positive and currently trading at 1287$. We have many factors which are contributing to higher prices of gold. Weaker dollar index, Temporary US govt shut down are major reasons which are driving gold price higher. Good support in gold chart... more →
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Dollar limited gold gains

/ 19 October 2018 / Comments Off on Dollar limited gold gains
Gold Gold price took a beating yesterday when dollar index rises despite concerns of trade war. Brewing tension between Saudi and US is also causing concerns over market. Dow Jones took a beating last night on this concern but dollar is rising with good pace. Xauusd recovered very smartly despite strong dollar. Lowest point was 1219$... more →
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Gold on fire after Dow crash

/ 12 October 2018 / Comments Off on 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 $800 profit. Most importantly we were not in sell side. When I updated our yesterday’s gold post I hinted where market going... more →
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Gold not sustaining above 1200$

/ 8 October 2018 / Comments Off on Gold not sustaining above 1200$
Gold Spot gold price opened lower today and continuing its streak of trading below 1200$. Metals are not able to sustain at all. Traders are not showing any confidence in metals and continuously selling on rise. Bad Non farm payroll data could not jump start the gold movement and it was held back by good Unemployment rate. Despite... more →
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Gold not able to sustain above 1200$

/ 14 September 2018 / Comments Off on Gold not able to sustain above 1200$
Gold Spot gold price tested 1213$ after Wall Street Journal reported that US and China may have proceed to resolve to their trade war. It fired from 1202$ to 1213$. Dollar Index crashed after this report. It was later in the day President Trump tweeted to clarified he said ” We are no under pressure to make a deal with China,... more →
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Gold new yearly low. Dollar Index at resistance

/ 19 July 2018 / Comments Off on Gold new yearly low. Dollar Index at resistance
Gold Spot gold price tested new yearly low at 1220.80 yesterday. It was all in all dollar show yesterday when it tested again major resistance of 95. This is not the first time USD tested 95. But xauusd could not hold any higher and whole bullion pack crashed to new lows. We enjoyed this crash as our subscribers were in sell. We... more →
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Gold price support still exist. Would we recover now?( July 17th updated)

/ 17 July 2018 / Comments Off on Gold price support still exist. Would we recover now?( July 17th updated)
Update July 17th 2018 5.56AM IST ( GMT+5.30): Despite weaker GDP and productions numbers from China, Weaker sales numbers from US, Weak Equity markets and Weak US Dollar. Gold price could not go higher and remained in a weak zone since yesterday. Currently surviving just above 1240$. Its testing buyer’s patience and not giving... more →
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Gold still under pressure but sustaining above 1237$

/ 13 July 2018 / Comments Off on Gold still under pressure but sustaining above 1237$
Spot Gold Spot gold price made low of 1238$ yesterday and bounced back from there. In our technical analysis yesterday we reported support of 1237$. It could not broke our support and bounced back from there. Currently xauusd price trading at 1246$. Market is under pressure due to higher dollar. USD Index trading near highest point... more →
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