Gold prices surged last month to its six- year high of almost ₹34,500 per 10 grams in the domestic market and $1439 per ounce globally, supported by a combination of factors from geopolitical tension between US and Iran and on expectation of US Fed lowering rates in 2019 on concerns over global slowdown,”. However, post the rally we saw a sharp correction in gold.
Gold Market Discussion
Gold Spot Trades Below $1403 Level, Best-Way Sell on Rise – Neal Bhai
Gold Technically Outlook – Near Term Gold Spot Hurdle Kye is Between $1400—$1403 and any break above that targets key $1410——$1427 level. Major Upside Move only above $1444 level.
Gold Investors are now Focused on US Jobs Data Due This Friday – Neal Bhai
Gold Investors are now focused on US Jobs Data Due This Friday
U.S. employers added the fewest workers in three months and wage gains cooled, suggesting broader economic weakness and boosting expectations for a Federal Reserve interest-rate cut as President Donald Trump’s trade policies weigh on growth.
Gold Technical Analysis – 4 Hour Chat Show Support $33,331 Below We See ThunderStorm – Neal Bhai
Gold Technical Analysis – 4 Hour Chat Show Support $33,331 Below We See ThunderStorm – Neal Bhai
Gold Technical Analysis Unless Breaking $1,403 Support Turned Resistance – Neal Bhai
The long road to have a trade deal with the US, statements like Mexico and China can be partners against US pressure are likely showing Chinese media’s lack of appreciation to the recent trade truce.
Gold Pani Pani – 40,000—38,000 ke Sapne Mat Dekho – Phele Niche Fir Upar Aayega – Abhi Toh Party Shuru Hui Hai
Gold Pani Pani – 40,000—38,000 ke Sapne Mat Dekho – Phele Niche Fir Upar Aayega – Abhi Toh Party Shuru Hui Hai
Gold Prices May see Mild-Correction soon – Gold Silver Reports
Use the Mild Correction
While the fundamentals are still intact, experts feel that there may be a mild correction in gold prices after the recent spurt. Gold has seen five weeks of continuous gains and therefore, events like the upcoming US Federal Reserve meeting, G-20 meeting, etc can trigger a correction.
Spot Gold Trading Tips – Keep Eye on $1398, Below Big Downside Expected – Neal Bhai Reports
Gold Silver Reports (GSR) – While latest comments from the US Treasury Secretary triggered some risk-off during late-Wednesday, activating the yellow metal’s pullback, Gold prices remain mostly flat around $1408 amid Thursday morning in Asia.
Gold Silver Honeymoon Period Over, Any Rise Sell Sell Sell, Buy Karna Mana Hai Gold High – 34893 / Silver High – 38323
Gold Silver Honeymoon Period Over, Any Rise Sell Sell Sell, Buy Karna Mana Hai Gold High – 34893 / Silver High – 38323
Comex Gold Spot Report – Gold Today High Very Crucial $1344 – Neal Bhai Reports
Gold Silver Reports (GSR) – Gold Spot prices touched highs near $1,349 an ounce after a report early Wednesday on private-sector employment for May from payroll processor ADP said employers hired 27,000 people in the month — marking the lowest growth since March of 2010.