Gold and silver prices are trading solidly lower today after hitting there two weeks high on Wednesday where gold reached $1312 per ounce and the white metal climbed to $15.50. we already outlined in our previous report about the possibility of the yellow metal to reach up to $1310 and also informed you that the move won't surprise us now it seems that the...
Gold and silver prices are trading solidly lower today after hitting there two weeks high on Wednesday where gold reached $1312 per ounce and the white metal climbed to $15.50. we already outlined in our previous report about the possibility of the yellow metal to reach up to $1310 and also informed you that the move won't surprise us now it seems that the...
At the time of writing, this report Gold and Silver prices are slightly down. we informed you in our previous report about the possibility of the yellow metal to make the slight correction which could take the prices up to $1300 per ounce and we have already witnessed that on last Friday. Well, the credit for this small correction goes to the sharp drop which we...
If you treat gold or any investment as a cult this is what happens to you AN statement - when I was betting against America and the future of our kids I used to wake up each day and turn on news hoping to see disaster so my crummy pm stash could increase in value. I was like a cheerleader with him poms with skull and crossbones emblazoned upon them. It was...
Please, note-In this article Our aim is not to defame crypto-based investment instead we have personally allocated around $15000 to quality crypto assets. This post simply discusses the most common yet complicated psychological traps investors need to be aware of. Today's article which you are about to read could be very beneficial if you are involved in trading...
Gold and silver prices are constantly being hammered by the bears while bulls keep trying to stop the bleeding in the precious metal market without any luck so far. The precious metal market has been dipped to there nine-week lows. At the time of publishing, this gold is trading at $1284 per ounce while the white metal is still hovering around its psychological...
The precious metal market is having a significant impact as chart-based selling is getting stronger which already drag the yellow metal prices to $1283 however silver is trading at $15.06 at the time of writing this report. The levels at which both precious metals are trading may act as support levels at least in the short term. The white metal still needs to...
Gold and silver prices are getting hammered as the investor's attitudes towards risky assets have returned. Today Gold hits a five-week low while silver prices felt more rapidly as expected. The China stock market reached it's nine-month high today. Asian and European equity market are also heading higher along with the U.S. stock indexes. The U.S. jobs report...
This is a quick post to let you know that Our short positions are active in both gold and silver-we will post the proper analysis soon.
The market is closely watching the building tension between two nuclear-armed countries India and Pakistan As we are preparing this report gold is trading at $1325 while white metal is hovering around $15.800.We have seen the yellow metal to drop below $1318 due to the strong DXY movement which we have witnessed today. This week we have also seen the U.S equity...
At the time of publishing, this report gold is trading at $1320 while metal is trading at $15.73.The yellow metal is trading near fresh session lows down from almost $1350.Prices could be down as the fed chairman Jerome Powell talks about possible future rate hikes also said that the current monetary policy is healthier since the last financial crisis. Chairman...
At the moment of publishing this report, the yellow metal is closed at $1330 while silver had a weekly close of $16.Let's start the analysis with the bond market, we have witnessed The rise in equity market along with the bond market since the start of 2019. The equity market is still trading lower than there all time Tops however we have seen the dramatic...
Please, note-our both positions have been closed as stopped has reached and at the moment we are not holding any position in our portfolio. The federal reserve FOMC minutes have been released today which helps to improve The yellow metal chart-based buying even further. Gold prices reached their 10-month high today where silver is trading around $16 at the time...
Next resistance can be witnessed around $1325 and $1340-Hence we don't exactly know from which level gold will start it's major decline it will be an stupid idea if we will open long position in gold and set our target at around $1370-The upside is limited to around max$50 move however downside is enormous to around more than $400 move-If our stop level will reach...
UPDATE-We have took the entire profit out of the table from our silver trade at $15.700 which is mentioned below and making profit of about 1500 USD,However our risk free trade gold has been closed Automatically with no profit and no loss-we are reopening the gold trade Currency Pair: XAGUSD ( SILVER )-(This trade has been closed) Sell Stop Entry Price:16.00...
Previous comments are still up-to-date Please note-Due to our trailing stop loss mechanism our gold trade is risk free now- As of me, writing this report gold is trading at $1306 while white metal is hovering around $15.560.U.S dollar index moves higher and reached it's seven weak high today. The weaker crude oil prices also impacted P. Ms .There are no major U.s...
Gold and silver are trading range bound from quite some days however we have seen a slight bounce in the yellow metal today and the primary reason for that is the sell-off in the greenback which we have witnessed today. Yesterday we informed you about the possibility of the government shutdown this Friday but now It appears that the government shutdown will be...
UPDATE-we have reduced the risk in our ongoing trades by lowering stop loss levels(gold trade is risk-free) Without explaining the delay of our daily analysis let's get to it straight as that what matters most. Kudos to all the permabulls who successfully panicked the naive investors by saying the same thing they are repeating since 2012 that stock market is...