US-China trade optimism seemed to weigh on the commodity’s safe-haven status. The recent optimism over a possible US-China trade deal remained supportive of the prevalent risk-on mood and continued denting demand for traditional safe-haven assets.
Gold Market Discussion
Gold Silver Selling Call Rocking – Gold Profit 100 Points Silver Proift 450 Points – Gold Silver Pani Pani – Neal Bhai Rocks
Gold Silver Selling Call Rocking – Gold Profit 100 Points Silver Proift 450 Points – Gold Silver Pani Pani – Neal Bhai Rocks
Gold Silver Trading Tips Today – Gold Silver Selling Call Rocking, Dabbe Wale Ko Loot Lo Trade With NEAL BHAI
Gold Silver Trading Tips Today – Gold Silver Pani Pani, Dabbe Wale Ko Loot Lo
Gold Report Today : 100-day SMA Could Challenge Sellers Targeting July Top, $1520/1524 Area seems to Restrict Immediate Upside
With the recent trade/political headlines renewing risk aversion, Gold prices take a U-turn from a three-month-old ascending support line while taking the bids to $1,489 amid Wednesday’s Asian session.
Spot Gold Price – Support Between $1487 to $1480 – Gold Silver Reports
Spot Gold Price – Based on this week’s price action and the current price at $1502.60, the direction of the December Comex spot gold on Thursday is likely to be determined by trader reaction to the 50% level at $1492.
Spot Gold Bearish Traders are likely to Aim Towards Testing the Target $1440 Level
Spot Gold Bearish traders are likely to aim towards testing the $1440 support area. Gold maintained its bid tone through the mid-European session on Wednesday and for now, seems to have snapped four consecutive days of losing streak.
Gold Spot If Close Below $1480 Sell MCX Gold Again 100–500 Lots – Neal Bhai Reports
Gold Spot If Close Below $1480 Sell MCX Gold Again 100–500 Lots – Neal Bhai Reports
News that the U.S. and China agreed to work toward a fresh round of trade talks next month provided a boost to the U.S. and global stock markets, and a stronger-than-expected private-sector employment data also helped to ease worries about a slowdown in the economy, damaging the metal’s haven appeal.