Gold edged back from near a seven-week high as the dollar rebounded from the low that followed Friday’s poor U.S. jobs report, which diminished concerns the Federal Reserve would taper bond buying soon.
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Gold Price Forecast: Gold Above $1817 for further upside, US ADP, ISM in focus
Gold Price Forecast: enjoyed good two-way businesses on Tuesday, initially rising as high as $1819 after the US dollar index reached a fresh four-week low amid the extension of Fed Chair Jerome Powell’s led bearish momentum.
Gold Price Forecast: Expected Gold Test $1830 Amid Golden Cross
Gold Price Forecast: Gold price set the stage on fire last Friday, as it climbed to the highest levels since early August at $1819 before easing slightly to finish the week at $1817.
Gold Price Today: Gold flat – Check Key Levels For Today
Gold Rate Today, Gold Price in India on 26 August 2021: Gold prices in India were trading flat on Thursday following global rates as investors turned cautious ahead of US Fed Reserve Chair Jerome Powell’s speech.
MCX Gold Silver Full Target Hit, All Paid Member’s Enjoy
MCX Gold Silver Full Target Hit, All Paid Member’s Enjoy. The gold pair fluctuated in a relatively tight range last week and struggled to make a decisive move in either direction.
Silver Price Should Bounce Very Soon | Gold Silver Reports
Silver price has retested a historical support and is ready to follow up a long trade. We can see a daily confirmation of buyers in the POC zone. If the market makes a bounce in the zone we could see a retest of M L3 and M H3 levels. M L3 is 24.83 and 26.09 could be the target. For bulls to win this swing the price needs to stay above 23.00.
Gold Price Shine Further Upside | Gold Silver Reports
Gold Price Shine Further Upside: USD is moving into some late stages of a higher degree Elliott Wave structure. We are also in the mid of the week when flows can change especially when you have the FED minutes.
Gold Awaits Fed Minutes, $1800 Testing Bullish Commitments
“The Fed minutes will throw fresh light on the US central bank’s tapering plans. Escalating covid concerns continue to remain an upside risk for gold price, as they bring along a lot of uncertainty on the prospects of global economic recovery.”
Silver Prices Resistance Key at 24.10
Spot Silver prices still unable to beat key resistance at 24.10 despite gains in Gold. Gold outlook is positive holding above $1775 to target $1780 then $1790 & perhaps as far as minor resistance at 1795. A break higher targets 1800. Expect strong resistance at 1812.
Silver Market Longer-Term Bullish Bias Maintained | Neal Bhai
Silver Market Longer-Term Bullish: “Silver saw complete rejection from the 200-day ma and sold off aggressively towards the long-term pivotal support at $21.87/17. It is considered to be a major band of support. Given that the market has spiked down to this area and recovered we will for now maintain our longer-term bullish bias.”