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Gold: June 24 review. Gold prices had made a more than 8+ years high today at morning Asian sessions and prices reached $1791.50 range(August contract). Second wave of Covid-19 concerns, trade war tensions between US-China and Global economy uncertainty will given positive sign for hedge funds. US treasury Secretary, Steve mnuchin said yesterday that US is...

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Gold: June 19 review (Intraday and STBT strategy for Gold) -2% in Gold......and -3% in Silver......down from current level....and wait below S1 in Gold before today's closing/next week.... Fundamental Review: Safe heaven demands like Gold and Silver prices rise due to increase the number of Covid-19 cases in China and US. Gold and Silver prices volatile now a...

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Gold: June 17 review (Intraday and weekly strategy) Technical Review: Gold futures, August contract traded $1737.00 range, +0.04% up at early US hours. On the above chart, as per Fibonacci level (a), (b), (c). we will expect level (D) will come very soon in near future. Above $1737.00 range, we will expect around $3-5 up trend, but for trading point of view,...

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Gold: June 11 review (Intraday and STBT strategy) Technical review: In last many days, Gold prices is trading between $1789.00 and $1666.20 range. By 1103 ET, Gold futures, August contract traded $1754.50 range, up 1.97%. For trading point of view, above $1754.50 range, you will see $3-5 up trend and keep near term R1 $1775.80 range(last month's high) but...

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Gold: June 10 review Technical News: On the above chart, you can see Fibonacci support and resistance levels (A), (B), (C) AND (D). if we transfer from (C) and (D) to (A) and (B) level, the next are for attention is new level (C). and if this pattern successful, you will see next level (D) which is around $1638.20 range(61.8% Fibonacci level) in next few...

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Gold: June 09 review (Today's second call) Fundamental News: Gold/Silver ratio was traded wide indicated that means Gold's relative value is going up and Silver's value is going down. And it also helps that Gold prices was pushed higher today because of global recovery fears of Coronavirus pandemic situations across the globe in last three+ months. All profits...

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Gold: June 01 review Fundamental Strategy: Gold and Silver prices increased more than 3% and 9% respectively in last four trading sessions. Industrial metals like Silver prices increased more than 62% in last three months, while the prices was traded @11.680 range in mid March. Gold and Silver prices ratio made a three month low@94.91 range today against made...

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Gold: May 28 review Fundamental Review: Gold market was crashed more than $50 or -3.5% down and made a $1684.20 range yesterday before US open. All profits washed out in Gold and Silver after yesterday's secretary of state Mike Pompeo's comments regarding HongKong political uncertainty. Tensions between world's two largest economy US and China, have been...

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Gold: May 26 review (Intraday and STBT strategy) Fundamental review: Gold prices was quoting $1736.50 range, up +0.03% or +$1 at morning Asian hours. All Asian indexes were traded positive today due to given sign of re-opening of Global economy. MSCI broader index was traded positive +1.4% today. Traders will also keep an eye for this Friday's Fed Chairperson...

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Gold: May 20 review (Intraday strategy for Gold ) Technical Review: Gold prices traded $1755.50 range at morning Asian hours. In last few days, Gold prices traded in both directions like up side and down side. Prices not break below support and resistance levels. If Gold holds above $1749.50 level, we will expect some more rise $7-10, and keep near R1...

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Gold: May 18 review (Intraday strategy for Gold) Fundamental news: Gold and Silver prices were rose more than 4% and 13% respectively in last five trading sessions. Gold prices increased more than 1% again today also and made an almost 7.5 years high @1774.95 range at morning Asian hours. After made a two months low below 105.50 range on last Friday, Gold and...

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Gold: May 15 review Fundamental news: Gold prices increased more than 1% today and made a three week high @1759.50 range at afternoon US hours. On the other side, precious industrial metals like Silver, prices rocketed today. And Gold and Silver prices ratio down to its lowest in last two months and traded below 105.50. Silver prices increased more than +5.50%...

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Technical Review: Gold prices traded $1746.00 range at morning US hours. If Gold holds above $1746.00 level, we will expect some more rise in gold $7-10. but near term R1 $1764.20. and above this level $1788.20(max resistance) and On the other side if prices break below $1701.60(yesterday's low) range, we will see downtrend below $1692.10(weekly low). But for...

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Gold: May 13 review (Intraday strategy for Gold) Technical Review: Gold prices traded $1725.50 range at morning US hours. In last few days, Gold prices traded sideways directions. If Gold holds above $1735.50(Last Friday's high) level, we will expect some more rise till $1745.80(Two week high), while on the opposite direction if prices break below...

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Gold: May 12 review (Intraday and STBT strategy) Technical Review: Gold prices traded $1715.50 range at morning US hours. In last few days, Gold prices traded sideways directions. If Gold holds above $1735.50(Last Friday's high) level, we will expect some more rise till $1745.80(Two week high), while on the opposite direction if prices break below...

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Gold: May 08 review Fundamental Review: Traders continue keep an eye for today's US jobs reports which will be released later in the day. As per jobless claims data that we have seen in recent weeks that help and support for the US Dollar. Gold and US Dollar traded inversely effect at this type of situations. Gold prices increased more than 3.5% in this month...

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Gold: May 07 review (Intraday and Weekly Gold strategy) Technical review: Gold prices traded below 20 days SMA today. On the the up side, Near term resistance $1726.90, after break this level you will see max R1 $1737.00 range(Last Thursday's High). but the next area of attention is below S1 $1684.50(Today's Low). and break this level you will see...

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Gold: May 04 review (Intraday strategy for Gold ) Technical review: The next area for attention is below $1700.50 range (Near S1-Today's low) and keeps down trend till $1666.20 range (major support level ). On the other side, I am looking at $1737.00(Near term R1-Thursday's High), and if break above R1, Gold prices high $10 to $15 up trend but major resistance...