Gold Silver Reports – Gold MCX Strong Support Key at 29786 Target 30055—30170 — Technically Gold market is under short covering as market has witnessed drop in open interest by 2.25% to settled at 5824 while prices up 77 rupees.
Analysis
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Gold Spot Price Forecast, Tips and Tricks for January 23, 2018
Gold Silver Reports – Gold Spot Price Forecast, Tips and Tricks for January 23, 2018 — Gold prices tested short-term support near the 10-day moving average at 1,329, and was able to bounce as trader’s focus on the movements of the dollar, to see if the recent weakness in the greenback perpetuates.
MCX Gold Expected Trading Zone Between 29510—29860, Sell on Rise
Gold Silver Reports – MCX Gold Expected Trading Zone Between 29510—29860, Sell on Rise — Technically Gold market is getting support at 29510 and below same could see a test of 29330 levels and resistance is now likely to be seen at 29720, a move above could see prices testing 29860.
Silver MCX Intraday Outlook: Sell On Rise UpSide Resistance Key 39444
Gold Silver Reports – Silver MCX Intraday Outlook: Sell On Rise UpSide Resistance Key 39444 — Technically Silver market is under fresh selling as market has witnessed gain in open interest by 0.94% to settled at 17109 while prices down 219 rupees.
Closing Price Reversal Top Signals the Presence of Sellers
Gold Silver Reports – Closing Price Reversal Top Signals the Presence of Sellers – Based on the early trade, the direction of the crude oil market today is likely to be determined by trader reaction to the resistance cluster formed by the 50% levels at $63.91 to $64.11.
Gold MCX Below 29955 Fresh Selling Support Key at 29520
Gold Silver Reports – ⭐⭐⭐⭐⭐ Gold MCX Below 29955 Fresh Selling Support Key at 29520 — Technically Gold market is under fresh buying as market has witnessed gain in open interest by 1.32% to settled at 5973.
Where I’m Buying Gold This Week
Gold Silver Reports – ⭐⭐⭐⭐⭐ Where I’m Buying Gold This Week – Gold continues to move higher and we have been looking to buy it over the last couple of weeks following its resurgence up from recent lows near 1240.00. Last week in our members commentary, we discussed the inside bar pattern that formed on Thursday, indicating that price could continue higher if it breaks out from that pattern.