Gold Silver Reports – Gold Spot Price Forecast, Tips and Tricks for January 23, 2018 — Gold prices tested short-term support near the 10-day moving average at 1,329, and was able to bounce as trader’s focus on the movements of the dollar, to see if the recent weakness in the greenback perpetuates.
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Gold Bullish Over $1344.50 and Bearish Under $1330.30, Volatility is Coming
Gold Silver Reports – Gold Bullish Over $1344.50 and Bearish Under $1330.30, Volatility is Coming – Gold futures are swinging with the movement in the U.S. Dollar, first hitting its highest level since September 11 before turning lower for the session.
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.