Technical Outlook – Technical Outlook: In our last Gold Weekly Technical Outlook, we continued to highlight a critical resistance confluence at $1238/1243, “a region defined by the 38.2% retracement of the yearly range, the 100% extension of the advance off the August low, the December swing low and the long 200-week moving average.” Price is testing this zone now and a weekly close above is needed to keep the immediate long-bias viable.
GOLD COMEX
Spot Gold was up 0.2 percent at $1,203.86 – Neal Bhai Reports
Gold Silver Reports (GSR) — Spot Gold – “However, there is not much of a safe-haven appeal (for gold) as the market is not packing in a lot of punch to trade war.”
Indian Goldman Neal Bhai : Gold Silver Buy Call Running – Watch Power of Indian Goldman
Free Indian Goldman Neal Bhai Gold Silver Buy call Running : MCX Gold Silver Buy and Relaxxxxx – Neal Bhai MCX King – Gold Silver Ready For Big Blast
🕉️ DARNA MANA HAI 🕉️
Gold Comex Above $1273 Target $1284—$1292
Gold (XAU/USD) tumbles nearly 2% on Friday, yet it has recovered after reaching a daily low of $4,032 on growing speculation that the Federal Reserve (Fed) might pause its easing cycle as most officials struck a hawkish message.