Gold 2022 Closing Forecast

gold forecast technical chart 2022
/ 7 November 2022 / Comments Off on Gold 2022 Closing Forecast
Gold at December’s End 2022 Finally FOMC Chairman has cleared that he wants to control rising inflation even if economy doesn’t do any soft landing. Fed chairman cleared from his side that no matter what cost is he will bring inflation down by rising interest rate. He also suggested that Fed wont shy to accelerate... more →
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Gold crushed by Excellent Job Numbers | Is It Over For Bulls

gold technical chart
/ 19 August 2021 / 2 Comments
Gold Bulls Gold prices crashed from 1832$ to test 1680$ in less than a week. If you have watched my weekly gold analysis on youtube channel. You must be knowing 1670$ was an extremely important support. ( watch video here ) Last week US posted excellent job numbers. Unemployment rate fell from 5.9% to 5.4% well below expectations... more →
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Is better than expected Job numbers enough ?

/ 3 July 2020 / Comments Off on Is better than expected Job numbers enough ?
US Job numbers Yesterday US posted better than expected job numbers. Market was not expecting any surprise but still job numbers took market by surprise. Even last month US posted better than expected numbers which were a stunner for market. US unemployment rate fallen from 13.3% to 11.1%. Non farm payroll added 4.8M jobs vs 2.6M... more →
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Gold crashed as Stock market recovered from lows

/ 5 February 2020 / Comments Off on Gold crashed as Stock market recovered from lows
Gold Spot gold price crashed yesterday from 1579$ to 1548$. We were in sell from 1575.20$ as my sell signal initiated on this level. We booked profit at 1566.20 & made nearly $900 profit per lot in yesterday’s gold trade. Major crash in gold was sponsored by higher dollar index & world stock markets. Dow Jones recovered... more →
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Davos meeting come with Chaos in Market

/ 22 January 2020 / Comments Off on Davos meeting come with Chaos in Market
Gold forecast Yesterday when i was making video for my youtube channel gold was trading at 1566$. Just in 6-7 hours gold crashed from 1567$ to test 1546$. A good 21$ crash without any major reason or announcement. We had a sell in gold as i gave a sell gold signal at 1559$ for target at 1549$. We closed our gold position with profit.... more →
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Gold fired after slow growth forecast from BOC

/ 25 April 2019 / Comments Off on Gold fired after slow growth forecast from BOC
Gold analysis Gold price fired from its lows yesterday after Bank of Canada forecast slow growth in 2019. We taken advantage of this rise as our buy gold signal initiated at 1271$ and we booked profit at 1278$. Bank of Canada’s statement came after Fed already took its dovish stand from January this year.  We may see more... more →
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Rising Dow capped Gold gains

/ 26 October 2018 / Comments Off on Rising Dow capped Gold gains
Gold Rising Dow Jones Index capped gold gains last night. Dow recovered nearly 300 points from its lows which put a little pressure in gold prices. Gold retraced more than 11$ from highs due to DJIA gains. Strong dollar index also putting pressure in gold. Strong dollar caused roll back from 1239$ to 1228$. It was later in day when... more →
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Gold slide as Dow Jones roared

/ 17 October 2018 / Comments Off on Gold slide as Dow Jones roared
Gold Gold price tested 1233$ yesterday and gave an almost 12$ slide from highs. Xauusd could not hold any gains as Dow Jones Index surged more than 500 points. Metals lost their all gains due to more than expected gains from stock market. President Trump again criticize Fed for raising interest rate. Today we will have Fed meeting... more →
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Gold continuing its bull run

/ 16 October 2018 / Comments Off on Gold continuing its bull run
Gold Gold continuing its bull run and making new highs every day. Yesterday it fired from 1216$ to 1233$. It took major resistance of 1228$ and sustained above that level. Currently xauusd is retracing at 1226$ but still market is in positive zone for now. Last night US deficit numbers came and it might fueled gold price once again.... more →
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Gold opened higher on tensions

/ 15 October 2018 / Comments Off on 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 due to a journalist.... more →
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