Gold price has regained poise and looks to take on the key resistance & target at $1765—$1,778, which is the convergence of the previous day’s high and Fibonacci 38.2% one-month.
gold price analysis
Gold Price Could Remain Volatile in Range Between $1,742—$1,806
Gold price snapped its three-day recovery momentum and returned to the red on Wednesday, hurt by the US Federal Reserve’s (Fed) hawkish surprise and the renewed optimism over China Evergrande repayment story. In the early part of the day, gold remained in a consolidative mode in familiar ranges around $1778, in a typical pre-Fed caution trading.
Spot Gold Price : Keep Eye on $1758 as support – Neal Bhai
Gold Price Technical Forecast : Spot Gold Price Trading Tips : Keep Eye on $1758 as support. Above $1758 Target Price $1845.
Gold Intraday Tips -Gold Pani Pani, Chart Bolta Hai. MCX Gold Aaj 800 Point Down Hai, Jisko Book Karna Hai Karo
Gold Pani Pani, Chart Bolta Hai. MCX Gold Aaj 800 Point Down Hai, Jisko Book Karna Hai Karo.
Gold Silver Free Tips – Gold Silver Under Sell on Rise
Gold prices in India extended their decline to the third day, in tandem with a drop in global rates as risk sentiment improved. On MCX, June gold futures were down 0.55% to ₹46,068 per 10 gram.
Gold prices Hit Life Time high Above Rs 46,300 per 10 grams
gold futures for June delivery rose 0.85% to Rs 45,680 per 10 grams as against the previous close of Rs 45,294 and openingprice of Rs 45,800 on the Multi Commodity Exchange (MCX). It was at Rs 46300.00 and hadgained 1.45%.
Analysts say Russia Doesn’t Need to Hold More Gold in Reserve
The central bank announced on Monday that it would stop buying gold starting April 1, but didn’t explain the move. Analysts say Russia already has a lotof gold stashed in reserves and likely doesn’t need more.