Gold Silver Reports – GDX Gold ETF Weathers Stock Market Selloff v- The gold miners’ stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking distance of a major $25 breakout.
Gold Prices to Soar on Tax Reforms & Inflation Fuels
Gold Silver Reports – Gold Prices to Soar on Tax Reforms & Inflation Fuels — The Federal Reserve raised rates for the third time in 2017 following the Federal Open Market Committee (FOMC) meeting on 12 December. Since 2015, gold has established a year-end pattern where it becomes oversold ahead of the December Fed rate decision.
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MCX Nickel Above 845 Only Fresh Buying — Goldman Neal Bhai Reports
Gold Silver Reports – MCX Nickel Above 845 Only Fresh Buying — Technically Nickel market is under fresh buying as market has witnessed gain in open interest by 3.51% to settled at 6635.
Commodities Weekly Research Report 12-02-18 To 16-02-18
Real Time MCX Weekly Research Report 12-02-18 To 16-02-18 By Neal Bhai Get our expert opinion on short term outlook on commodities based on technical analysis. Weekly commodity insights and forecast.