Even Though we totally understand the underlying risk in our current short position in gold however there is still significant potential for markets to be disappointed come September and for gold to fall.Analyzing all the risk involved in the trade,we have finally decided to excute the following trade keeping the long term macro drive.wps.com and enormous risk and...
Asset: XAUUSD ( GOLD ) Sell Stop Entry Price:1500 Take Profit: 1250 Stop Loss:1550(we will reduce the stop loss points once positions will be more favorable) Capital risk:$3000(4%) Potential Gain:$15000 Risk/Reward: 1:5
Gold and silver prices are trading not far from unchanged levels in midday U.S. trading Wednesday. Traders are awaiting the 2:00 p.m. EDT release of the minutes from the last meeting of the Federal Reserve’s Open Market Committee (FOMC), which took place July 30-31. Market watchers want to see if the minutes contain any clues on the timing and number of future...
The latest round in trade tensions could have a more devastating effect on your equity portfolio and may benefit physical and digital gold more along the way. In our 11 years in the business, we have never more uncertain about the market although our macro research drive.wps.com suggests the long term outlook for the economy to remain healthy still there are...
The latest round in trade tensions could have a more devastating effect on your equity portfolio and may benefit physical and digital gold more along the way. In our 11 years in the business, we have never more uncertain about the market although our macro research drive.wps.com suggests the long term outlook for the economy to remain healthy still there are...
The following research paper consists of mentioned topics.(Please note-New paper will be published tomorrow) 1-Current condition in the market and the primary causes which are supporting the safe-haven buying 2-Analysis the market through the top-down macroeconomic process(data-driven approach) 3-Top Hedge funds report on the precious metal sector 4-Technical...
The following research paper consists of mentioned topics. 1-Current condition in the market and the primary causes which are supporting the safe-haven buying 2-Analysis the market through the top-down macroeconomic process(data-driven approach) 3-Top Hedge funds report on the precious metal sector 4-Technical levels to watch out for, Advises, and recommendation...
Our Economic Research Report(Updated monthly)-(important) drive.wps.com Trump’s tariff tax obsession may be somewhat comical, but it is creating substantial weakness in China’s currency. That’s because foreign and domestic investors are moving significant amounts of money out of Chinese risk markets and into dollar-denominated safe havens like T-bonds, gold , and...
Our Economic Research Report(Updated monthly) drive.wps.com Trump’s tariff tax obsession may be somewhat comical, but it is creating substantial weakness in China’s currency. That’s because foreign and domestic investors are moving significant amounts of money out of Chinese risk markets and into dollar-denominated safe havens like T-bonds, gold, and the yen....
Today can play out one of two ways — the Federal Reserve introduces a 25-basis point rate cut and gold consolidates, or the central bank doubles down on easing with a 50-basis point cut and gold rallies to new highs. Gold has traded in a range between $1,430 and $1,411 this week, looking to end the session on Friday down 0.55% on the week. August Comex gold...
Next week can play out one of two ways — the Federal Reserve introduces a 25-basis point rate cut and gold consolidates, or the central bank doubles down on easing with a 50-basis point cut and gold rallies to new highs, analysts told Kitco News. Gold has traded in a range between $1,430 and $1,411 this week, looking to end the session on Friday down 0.55% on the...
The yellow metal is trading above $1400 per ounce which represents its key psychological resistance for the first time since 2013. The uncertainty regarding the U.S-China trade war, Trump tweet about the possibility of imposing 5% of tariffs on Mexico, The 10-year-3months yield curve inversion, Speculation by the commentators saying the Fed is going to cut rates...
The yellow metal is trading above $1400 per ounce which represents its key psychological resistance for the first time since 2013. The uncertainty regarding the U.S-China trade war, Trump tweet about the possibility of imposing 5% of tariffs on Mexico, The 10-year-3months yield curve inversion, Speculation by the commentators saying the Fed is going to cut rates...
The Dow Jones Industrial Average closed above 27,000 for the first time ever on Thursday and At the moment we are witnissing the longest expansion in the U.S.The 30-stock average broke above 27,000 for the first time in its history, rising 227.88 points, or 0.9% to 27,088.08. The Dow first closed above 26,000 in January of 2018, so it’s been a little more than a...
The Dow Jones Industrial Average closed above 27,000 for the first time ever on Thursday and At the moment we are witnissing the longest expansion in the U.S.The 30-stock average broke above 27,000 for the first time in its history, rising 227.88 points, or 0.9% to 27,088.08. The Dow first closed above 26,000 in January of 2018, so it’s been a little more than a...
The bull run in the precious metals complex which officially ended in Oct 2011 dragged the prices of the white metal to up to 50USD per ounce. That was a staggering 393% growth which took the prices from 10USD to 50USD however from there we have seen more than 70% correction in silver prices. The interesting part is even when gold is able to break it's 6 years...
At the moment of publishing this report gold is trading at $1412 per ounce whereas the white metal is hovering around $15.30.we haven't seen much from the gold today (prices held steady in early Asian session) as market participants awaited key economic data release from china as it's the world second-largest economy. Top 7 Reasons why...
Current active position Asset: XAUUSD ( GOLD ) Sell Stop Entry Price:1415 Take Profit: 1160 Stop Loss:1480(we will reduce the stop loss points once positions will be more favorable) Risk/Reward: 1:4 Current active position Asset: XAGUSD ( Silver ) Sell Stop Entry Price:15.000 Take Profit: 14.00 Stop Loss:15.60(we will reduce the stop loss...