As we are now officially kicking off a holiday week, actually two with New Years coming up, gold is trying to break above an important threshold. Not an ideal time for this to happen, but if it comes with some push then perhaps as the calendar flips to 2020 it will gain meaning.
Spot Gold
Real time Spot Gold forecast for today
Gold Silver Reports (GSR) Research provides Gold Comex Tips to our traders who trade in Indian and Foreign exchange market. Get accurate Comex Gold, XAUUSD, Silver Tips, Bullion Trading Tips.
Improve your technical analysis of live gold prices with the real-time gold (XAU/USD) chart, and read our latest gold news, expert analysis and gold price forecast.
Check our updated for Gold Silver Reports including real time updates, forecast, technical analysis and the economic latest events from the best source of bullion market Reports.
PRECIOUS METALS VOLATILITY KEEPS HEADING LOWER, BUT GOLD PRICES ARE NOT….
Precious metals like gold have a relationship with volatility unlike other asset classes. While other asset classes like bonds and stocks don’t like increased volatility – signaling greater uncertainty around cash flows, dividends, coupon payments, etc. – precious metals tend to benefit during periods of higher volatility.
Spot Gold Expected trading Resistance $1,495 & Support $1,460
Spot Gold price tested the correctional bearish channel’s resistance and keeps its stability below it, accompanied by stochastic loss to the positive momentum gradually.
Gold Prices Trades in a Narrow Range $1470—$1480
The price of gold trades in a narrow range even though US Treasury Secretary Steven Mnuchin sees the Phase One trade deal being signed in January, and the precious metal may continue to consolidate over the coming days as market participation is likely to abate ahead of the holiday period.
USD’s Performance Likely to Keep Pair’s Upside Limited – Gold Silver Reports
The data published by the US Bureau of Economic Analysis revealed that the economy expanded by 2.1% on a yearly basis in the third quarter (final estimate) and helped the greenback gather strength against other major currencies. As of writing, the US Dollar Index was at its highest level in 10 days near 97.60, adding 0.2% on a daily basis.
Protected: Gold Price Forecast 2020 – Long Term Target 3000 to 5000 Points – Neal Bhai Reports
There is no excerpt because this is a protected post.
Gold Price Forecast Bearish on GDP Data, Easing Trade Tensions
US-CHINA TRADE WAR: THAWING RELATIONS OR TEMPORARY RESPITE?
On Thursday, the US and China reached a “phase 1” deal in principle. Officials are expected to delay the much-dreaded December 15 tariff hike which would see Washington impose over $160 billion worth of levies against Chinese-imported goods. Beijing also announced on the same day that it intends on purchasing $50 billion worth of US agricultural goods.
The Case for a Silver Price Rally – Gold Silver Reports
White metal Updates – Despite all the bearish developments that we described in the previous analyses, and despite myriads of bearish factors that remain in place for the following months, it seems that the white metal is about to rally. Gold, and mining stocks could move higher as well, and we’ll move to that shortly. For now, let’s talk silver.
Gold Price Remains Weak, Below $1450 Target $1408—$1405 – Gold Silver Reports
GOLD PRICE TECHNICAL ANALYSIS – Financial markets are neither risk-on or risk-off at the moment which makes the sharp sell-off in gold difficult to explain when one of its main drivers remains flat.
Live Gold Price Outlook: Fundamental Analysis Highlights Further Volatility
Gold fell below $1,500/oz. this week and hit a three-month nadir around $1,455/oz. Friday as US dollar strength and a strong risk-on sentiment saw risk-averse asset classes – gold, Japanese Yen and the Swiss France – pushed aside.