Gold Silver Reports – 🔥🔥🔥🔥🔥 Natural Gas MCX Buy Karo and So Jaao, Expected Target 205—212 — Technically Natural Gas MCX is getting support key 195 and below same could see a test of 191 levels and resistance is now likely to be seen at 205, a move above could see prices testing 212.
Day: January 16, 2018
Gold MCX Below 29955 Fresh Selling Support Key at 29520
Gold Silver Reports – ⭐⭐⭐⭐⭐ Gold MCX Below 29955 Fresh Selling Support Key at 29520 — Technically Gold market is under fresh buying as market has witnessed gain in open interest by 1.32% to settled at 5973.
Where I’m Buying Gold This Week
Gold Silver Reports – ⭐⭐⭐⭐⭐ Where I’m Buying Gold This Week – Gold continues to move higher and we have been looking to buy it over the last couple of weeks following its resurgence up from recent lows near 1240.00. Last week in our members commentary, we discussed the inside bar pattern that formed on Thursday, indicating that price could continue higher if it breaks out from that pattern.
Comex Gold Forecast Report for January 16, 2018
Gold Silver Reports – ⭐⭐⭐⭐ Comex Gold Forecast Report for January 16, 2018 – Gold prices moved higher on Monday but with the U.S. closed for the MLK Holiday, volume was light. The weakness in the dollar has buoyed gold prices as gold is quoted in dollars and a weaker dollar makes gold more attractive in other currencies.
Metals Power Higher as Sickly Dollar Spurs Copper-to-Gold Rally
Gold Silver Reports – ⭐⭐⭐⭐⭐ Metals Power Higher as Sickly Dollar Spurs Copper-to-Gold Rally – Copper jumped by the most in two months and zinc hit a fresh decade-high as base metals rallied on a potent combination of a softer dollar, dwindling inventories and continued robust outlookdemand. Palladium rallied to a new record as all precious metals climbed.
Dollar Slide Deepens as Euro Strength Saps Stocks
Gold Silver Reports – ⭐⭐⭐⭐⭐ Dollar Slide Deepens as Euro Strength Saps Stocks – Despite a U.S. holiday, the dollar dominated trading on Monday as it headed for a fourth day of declines, weakening against every major-currency. The euro’s jump weighed on European stocks, while gold gained.