Gold Forecast for Next Week: The GoldSilverReports Sentiment Poll points to a bearish shift in the near-term but the average target of $1,770 on the one-week view suggests that losses could be limited. The on-month outlook paints a mixed picture with a 39% bullish bias against a 38% bearish bias.
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Live Gold Silver Analysis For Today By Neal Bhai [03-12-2021]
Gold struggles to capitalize on weak NFP data, holds near $1,770
Live Gold Silver Analysis: Gold spiked to a daily high near $1,780 with the initial market reaction to the disappointing Nonfarm Payrolls data from the US but seems to be having a difficult time preserving its bullish momentum with the 10-year US T-bond yield staying resilient.
MCX Silver Intraday Resistance key Level 67735 – Neal Bhai
MCX Silver yesterday settled up by 2.03% at 65878 after fresh data showed inflationary pressures in the US continue to increase, which could mean the Fed will have to raise interest rates faster than expected.
MCX Gold Tips Today – Resistance key Level 48754 – Gold Silver Reports
MCX Gold Tips Today – MCX Gold yesterday settled up by 0.1% at 48018 as investors held onto the view that central banks would keep interest rates low for the time being, with focus turning to key U.S. inflation data due later in the week.
Gold Price Reports: Gold Hurdle Zone $1820—$1827 | Neal Bhai Reports
Gold Price Reports: Gold has rallied to and so far failed at the $1813, 55-week moving average. Gold slip to the $1721 September 2021 low.