Spot Gold resumes its bulltrend as expected and strategists at Credit-Suisse continue to lookfor eventual new life time record highs.
gold futures news
Spot Gold $1600 To 1720 Full Target Done- Profit $120 Points – Big Profit, Just 1 Single Tips
Spot Gold Above $1724 level no shorts, Big rally on chart. We see $1737 —— $1770 Very Very Soon.
Above $1724 level, Only Blast
Gold Silver Boom Boom, Told you Market Ready for Big Blast – Gold High 45724 Full Target
Gold Silver Boom Boom, Told you Market Ready for Big Blast – Gold High 45724 Full Target Hit
Should you Buy Gold Now?
Precious metals too have seen massiveintraday movements and virusrelated panic have forced investors to raise cash by selling gold and silver.
Spot Gold Below 1513 Target and Support Zone $1412 – $1392
Spot Gold surged on Tuesday, rebounding from a five-session decline after the Federal Reserve’s announcement to boostlending eased fears over a crunch in liquidity. It wasn’t safehaven buying that drove gold prices higher. We know that because Treasury and the U.S.Dollar are the true safehavens.
Spot Gold Below $1513 Target $1482—$1458 – Neal Bhai
GOLD PRICE REBOUNDS FROM KEY PRICE ZONE AS FED DEPLOYS CREDIT FACILITY – The price of gold may extend the rebound from the monthly low ($1451) as the Federal Reserve establishes a Primary Dealer Credit Facility (PDCF), with the operations to “offer overnight and term funding with maturities up to 90 days.”
Gold Technical Forecast is Clearly Bullish
The gold technical forecast is clearly bullish from a medium-term perspective. Price action in the week ahead could determine if that forecast is at risk and it will be important to watch a couple of key technical barriers.