Gold forecast today Comex gold price fired as suggested in our yesterday’s post. We enjoyed it as our buy signal initiated at 1295$. We juiced nearly 700$ profit from our gold signal yesterday. Precious metals fired after President cancelled meet with North Korean leader Kim Jong Un. Dollar Index gave good dip as well. Major […]

Gold forecast today Gold price tested 1298$ yesterday and then cracked till 1287$, which confused traders and charts as well. Last night Fed released its meeting minutes which suggested less aggressive federal and squash the rumors which indicated we may have more interest rate hikes than expected. Fed meeting minutes indicates that fed will not […]

Gold forecast today Comex gold price trading at 1292$, It made beautiful high as we suggested in our yesterday’s forecast that our resistance is at 1296$. It did exactly the same and now trying to cross our hurdle. We will revise our levels today as dollar index made low around 92.80 which we mentioned in […]

Gold forecast Comex gold price trading at 1289$, It tested 1283$ last night and then gave an approx 10$ bounce but could not sustain on higher levels. 10 Year bond yield would be interesting to watch as it keeps rising and putting pressure on gold price. A good support on gold chart stands at 1281$, […]

crude oil

Crude oil analysis Crude oil price trading half percent higher today as market opened positive. It tested 72$ and currently cruising around 71.70$. Oil prices are anticipating more tensions between US and Iran. Crude oil prices driving higher, expecting more sanctions on Iran. Good equity markets are also helping as it suggest good consumption in […]

Gold forecast Comex gold price tested 1288$ and broke with ease, price tested 1284$ and tried to recover. Finally it gave a close near 1292$ signaling another weak session this starting from Monday. This week we have two speeches from BOE governor and one speech from Fed chairman Powell. Both will have good impact on […]

crude oil

Crude oil analysis Crude oil price trading at 72$, Oil prices trading higher since Monday and now continuing with highs. Energy pack is driving higher by this major commodity. Crude oil trading higher after US inventory came positive for prices. A good support on this major commodity stands at 70$, If traders take this base […]