A turn from confluence uptrend resistance around $1525 — $1530 in September has the focus on the correction into the open of 2020 with the threat remaining for a larger decline towards upslope support.
Silver Prices
Gold Silver Pani Pani—— Sapne Dekho Gold 42000 Silver 56000 — Rona Mana HAi
Gold Silver Pani Pani—— Sapne Dekho Gold 42000 Silver 56000 — Rona Mana HAi
Gold Locked in a Symmetrical Triangle
Gold Silver Reports (GSR) – The yellow metal (Gold) rose to a six-year high of $1,535 per Oz on Aug. 13 and has charted lower highs and higher lows ever since.
Silver Prices Jumped Rs 910 to Rs 41100 per kg
Gold Silver Reports (GSR) – Silver prices ready on Thursday jumped Rs. 910 to Rs. 41,100 per kg, while weekly-based delivery surged Rs. 1,009 to Rs. 40,406 per kg.
MCX Gold Futures August Slipped 0.20% to 34,881 – Gold Silver Reports
Gold prices slipped in India today, mirroring a declining overseas trend. On MCX, August gold futures slipped 0.20% to 34,881 while the October contracts slid 0.2% to ₹35,164. August gold contracts had hit a record high of ₹35,145 last week.
Spot Gold on Thursday Rose 0.3 per cent to $1,422.67 per ounce in Intraday Trade
Spot gold rose 0.3 per cent to $1,422.67 per ounce in intraday trade, after earlier hitting its highest since July 3 at $1,426. The metal gained 1.5 per cent in the previous session. US gold futures jumped 0.9 per cent to $1,424.70 an ounce.
Gold Pullback Before New Uptrend – Gold Silver Reports
The Gold triangle chart pattern is respecting the shallow Fibonacci re-tracement levels of wave 4 vs 3 which is typical behavior for a wave 4 (blue) pattern.