Gold Silver Reports – Gold MCX Guru Neal Bhai Gold Sell Karna Mana Hai, Trading Zone 29808—30510 —— Technically now Gold is getting support at 29980 and below same could see a test of 29808 levels and resistance is now likely to be seen at 30494, a move above could see prices testing 30510.
Silver MCX Sell Karna Mana Hai, Silver MCX Outlook By Neal Bhai Trading Zone 39220-40442
Gold Silver Reports – Silver MCX Sell Karna Mana Hai, Silver MCX Outlook By Neal Bhai Trading Zone 39220-40442 —— Technically now Silver is getting support at 39220 and below same could see a test of 38732 levels and resistance is now likely to be seen at 40170, a move above could see prices testing 40442.
Goldman Thinks This Fed Meeting May Not Be a Sleeper After All
Gold Silver Reports – Goldman Thinks This Fed Meeting May Not Be a Sleeper After All — Far from being a complete nonevent, Goldman Sachs Group Inc. expects a slightly hawkish upgrade of language at the Federal Reserve meeting this week, slated to be Janet Yellen’s last.
Australian Dollar’s Surge Is Bringing Out the Bears
Gold Silver Reports – Australian Dollar’s Surge Is Bringing Out the Bears — The Australian dollar’s longest rally in 18 months is bringing out the bears. The Aussie is poised to go into reverse as the Federal Reserve keeps raising interest rates, while the Reserve Bank of Australia leaves borrowing costs at a record low, said James Athey at Aberdeen Standard Investments in London, who is adding to his short positions. Schroder Investment Management Australia Ltd., which is also short, said the Aussie is likely to trade closer to 70 U.S. cents than 80 cents in 12 months.
Curde Oil Production at Iran’s West Karoun Nearly Doubled in The Past Year: Zanganeh
Curde Oil Production at Iran’s West Karoun Nearly Doubled in The Past Year: Zanganeh – Crude Oil production from the West Karoun oilfields in southwest Iran nearly doubled in the past year, oil minister Bijan Zanganeh said in an interview broadcast live on state TV Saturday.
Commodities Weekly Research Report 29-01-18 To 02-02-18
Trend Up ⇒ Buy Gold MCX Between 30050 – 29950, Stop Loss (CBSL) – 29600 Target – 30530 ↔ 30720 ↔ 31010
Trend Up ⇒ Buy Silver MCX Between 39050 – 39350, Stop Loss (CBSL) – 38440, Target – 40410 ↔ 40880 ↔ 41220
Silver Finally Confirms Gold’s Rally as Both Metals Post Multi-Month Highs
Gold Silver Reports – In my previous commentaries, I expressed some concern that the lag in the silver price vis-à-vis gold was a slight concern for the nearterm outlook. The path of least resistance for gold and gold mining shares was of course still bullish, but silver’s failure to fully participate in gold’s recent gains was a fly in the ointment.