As we are publishing this report Gold is trading at $1586 however the white metal is hovering around $16.60.The major U.S stock indices have seen there the worst week since the last financial crisis of 2008. The S&P 500 has its worst day since August 18, 2011, and the three main indexes fell into correction territory. The Dow Jones dropped 1,191 points or 4.4% in...
We are preparing the report at the moment, Detailed report will be published soon-
As we are publishing this report gold is trading at $1634 per ounce however the white metal is trading at $17.80(long entered at $17.75).we have seen gold prices reaching there highest level since 2013 whereas silver has started to outperform the yellow metal. Traders and investors have realized that the economic impact of COVID-19(Coronavirus) is not only kept in...
As we are publishing this report gold is trading at $1680 per ounce however the white metal is trading at $18.80(long entered at $17.75).we have seen gold prices reaching there highest level since 2013 whereas silver has started to outperform the yellow metal. Traders and investors have realized that the economic impact of COVID-19(Coronavirus) is not only kept in...
Gold and silver prices are steady to slightly up in tentative early U.S. futures trading Friday. The precious metals bears are likely to be in hibernation on this last trading day of the week and as U.S. market participants head into a three-day weekend, with the President’s Day holiday on Monday. It’s anybody’s guess on what the coronavirus outbreak situation...
Gold and silver prices are slightly down today as Federal Reserve Chairman Jerome Powell's positive comments on the U.S economy weighed down gold prices. However Gold is still holding critical support above $1,550 an ounce in the face of record valuations in equity markets.It seems the precious metal market is currently looking for its next catalyst which could be...
Gold and silver prices are moderately down in midday U.S. futures trading Tuesday. Some upbeat remarks on the U.S. economy by Federal Reserve Chairman Jerome Powell helped to sink the safe-haven metals today. And on this day the global marketplace decided to brush off the coronavirus outbreak that continues to spread, which in turn rallied global stock markets, a...
Significant rebound in the U.S dollar index, U.S stock indices, and the latest ISM reading have pressured the precious metal sector moderately down.No significant major chart damage has been done. Analyzing the current situation within the sector we believe moderate price decline In Gold near the $1500- $1530 Range could be a bargain to enter long. The solid...
Fundamentals: As we are publishing this report Gold is trading at $1565 per ounce however the white metal is hovering around $17.60. Gold prices are moderately down after reaching three weeks high at $1590.Significant rebound in the U.S dollar index, U.S stock indices, and the latest ISM reading have pressured the precious metal sector down. The Institute for...
Fundamentals: As we are publishing this report Gold is trading at $1565 per ounce however the white metal is hovering around $17.60.Gold prices are moderately down after reaching three weeks high at $1590.Significant rebound in the U.S dollar index, U.S stock indices, and the latest ISM reading has pressured the precious metal sector down. The Institute for Supply...
During the 10 days of my silent meditation retreat, numerous things have happened including the deadly Coronavirus of course. As of now, we are trying to analyze the precious metal market and figuring out the next suitable move for our trading portfolio. At the moment we are not holding any positions within our portfolio. We will publish our research report for...
Please note-Trailed Stop loss at $1540(long entered at $1515) within our gold trading position has been reached Hence position is closed with Profit. At the moment we are not holding any position in our portfolio however, we’ll inform you as always before adding any trading positions within our portfolio. As we are publishing this report Gold is trading at $1550...
ASSET--Gold Sell Limit Price: 1550 Take Profit: 1530 Stop Loss: 1560 We have trailed our stop loss at $1550(entry-level) in our gold latest trading position Note-POSITION IS RISK-FREE NOW BUT DON'T MAKE THE MISTAKE TO TAKE OUT THE PROFIT AT $1530, WE ARE CANCELLING THE TAKE PROFIT AT OUR GOLD LATEST TRADING POSITION-ACT NOW Regarding the previous position...
ASSET--Gold Sell Limit Price: 1550 Take Profit: 1530 Stop Loss: 1560 UPDATE-We have Trailed our stop loss At $1540 hence locking our profit within the Gold Last trading Position(Long entered at 1515).
UPDATE-We have Trailed our stop loss At $1540 hence locking our profit within the Gold Latest trading Position(Long entered at 1515). Next week’s docket is full of key events to keep an eye on, including key macro data releases, possible U.S.-China Phase One trade deal signing, and more of the U.S.-Iran tensions. The overall picture remains supportive for gold...
UPDATE-We have Trailed our stop loss At $1540 hence locking our profit within the Gold Latest trading Position(Long entered at 1515). We would recommend our clients to do the same. Gold and silver prices are lower and nearer their daily lows in midday U.S. futures trading Wednesday after both metals spiked higher overnight following an Iranian missile strike near...
The biggest risks to financial stability in 2020 revolve around geopolitics and trade. Part of the reason why people are getting bullish is the idea that a lot of the grey clouds are starting to get answers and the year 2020 could be when we get the answers, But political events make trading difficult, especially when it comes to the pricing of risks, we...
Gold prices are higher in midday trading Monday, but have backed well down from the overnight nearly seven-year high of $1,590.90, basis February Comex gold. Today’s low-range close hints that the gold bulls have run out of gas on a short-term basis and need a rest, or pause. Meantime, silver futures scored a more-than-three-month high of $18.55, basis March...