Gold edged higher on Friday as weak economic data from the euro zone exacerbated fears of a global slowdown, weighing on risk sentiment and putting bullion on track for its best week in nearly two months.
Silver Tips
Gold MCX Update – No Buying Below 31700 Level – Neal Bhai
Gold MCX dropped as the dollar regained some ground and uncertainty over Brexit eased, but downside seen after tepid U.S. inflation data.
Gold MCX Trading Call – Above 31700 Target 32100—32320 – Neal Bhai Reports
Gold MCX Trading Call – Above 31700 Target 32100—32320 – Neal Bhai Reports
MCX Gold Target 33800—34333, Buy on Dips – Neal Bhai
MCX Gold Target 33800—34333, Buy on Dips – Neal Bhai
MCX Gold settled up 0.2% at 33367 as the dollar eased as trade tensions faded, but regained most of the lost ground as the day progressed. Trade tensions easing as the U.S. President Donald Trump decided to delay the imposition of additional tariffs on goods imported from China.
MCX Silver Above 39200 Level – Ultimate Target 41800— 42220, With in 10 To 15 Days
Gold Silver Reports (GSR) – Silver on MCX settled up 0.52% at 40170 as the dollar dropped as the prospects of a Sino-U.S. trade deal improved investors’ appetite for riskier assets.
MCX Gold Above 33200 Ultimate Target 34070—34333, With in 10 To 15 Days
Neal Bhai Reports (NBR) – Gold on MCX settled up 0.67% at 33608 as the dollar weakened on hopes the United States and China are nearing a trade deal.
Gold Imports Down 5% During April-January to $26.93 Billion
Gold Imports Down 5% During April-January to $26.93 Billion – In volume terms, the country’s total gold imports increased by 22.43% to 955.16 tonnes in 2017-18. It stood at 780.14 tonnes in 2016-17.
20 Years Of Eurozone And Gold – Gold Silver Reports
Gold Silver Reports (GSR) – In December, we celebrated 40 years of market reforms in China. In January, there was another important anniversary: 20 years of the euro area. So, let’s move from East Asia to Europe, analyzing the economic situation of the Eurozone and its implications for gold.
MCX Gold Below 32900 Level Buy Karna Mana Hai
MCX Gold Below 32900 Level Buy Karna Mana Hai Technical Power of CFA’s (CHARTRED FINANCE ANALYST) “No Magic, No Miracle, Just Power of Level” Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical TeamMobile No. 9582247600 & 9899900589
