Gold Price Analysis: Amid overbought conditions on the daily time frame, Gold price has stalled its uptrend, as investors turn cautious before placing any fresh bets.
Gold Price Forecast: पिछले दिनों गोल्ड ने कुछ जीत हासिल की, लेकिन यह एक जोखिम भरा खेल रहा है। एक गलती और पीली धातु युद्ध हार सकती है।
Gold Silver Tips Today: Yesterday sell call Rocking
MCX Gold 48010 To 47625 = 685 Point Down
MCX Silver 71900 To 70866 = 1034 Point Down
Gold (Yellow Metal) Eyes Crucial Resistance: “The negative impact of the disappointing US labour market data is still being felt in the markets on Monday with the US Dollar Index slumping to its lowest level since late February near 90.00. Moreover, the benchmark 10-year US T-bond yield stays in the negative territory at 1.579% at the time of press, helping gold continue to find demand.”
Gold (Yellow Metal) registered the best week in 6 months after it shot to a new three-month high of $1843 on a terrible US jobs report. The headline NFP rose by just 266K vs. expectations of a 978K increase.
Gold Price Analysis; Gold finally broke out of its intraday consolidative trading range and surged to near three-month tops, around the $1,843 region during the early North American session.