Gold Silver Reports (GSR) – US Gold Major support to be watched – $1290. Any break below targets $1286/$1283.it should break below $1275 for minor weakness.Major trend reversal only below $1266.Below that level targets $1250.
GOLD COMEX
Gold Comex Holds Steady Above Two-week Low After Fed Minutes
Gold Silver Reports (GSR) – The minutes from U.S. Fed’s last meeting showed policymakers agreed that their current patient approach to setting monetary policy could remain in place “for some time.”
Gold Spot Hit Full Target $1302 Enjoy or Not? – Neal Bhai Reports
Gold Spot Hit Full Target $1302 Enjoy or Not?
I told you Buy Gold Spot For Target $1297 — $1302
Central Banks Buy Gold 145.5 Tons in First Quarter: World Gold Council
Central Banks Buy Gold 145.5 Tons in First Quarter, a 68 percent increase from a year earlier, the World Gold Council said Thursday in a report. Russia or China remains the largest buyer as the nation reduces its U.S. Treasury holdings as part of a de-dollarization drive.
Spot Gold Price $1278 Slip on Weak Market Demand | Gold Silver Reports
Gold prices fell by Rs. 55 to Rs. 32,945 per 10 grams at the bullion market on Tuesday due to tepid demand from jewellers, reported news agency, the All India Sarafa Association.
Will XAUUSD Hold on to the Support $1285 – $1282
The precious metal has been consolidating above the support area of $1285 – $1282 for the past five daily sessions.
Gold Trade in Tight Zone Above $1290 ahead of US Data
After gaining around $5 on Tuesday, the XAU/USD pair is staying relatively calm on Wednesday as the upbeat market sentiment doesn’t allow the precious metal to take advantage of the broad USD weakness. As of writing, the pair was virtually unchanged on a daily basis at $1292.50.
Spot Gold Needs a Break $1313 For Target $1321—$1330
Gold is reporting moderate gains at press time, possibly tracking the weak tone in the greenback ahead of the Fed.