Gold CME Made Falling “Wedge Pattern” Hurdel 1297—1300 Above Market Can Test 1306, Where Can Take “R” Turn or Beear Phase, support Looks 1282 Cross or Close Below Daily Chart Big Bloodbath Coming Soon $1270——$1250——$1224
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Gold Prices Maintain Uptrend on Jewellers’ Buying
Gold Silver Reports (GSR) — Gold Prices Maintain Uptrend on Jewellers’ Buying – Traders said that continued buying by local jewellers in the ongoing wedding season and a firm trend overseas mainly kept the precious metal’s prices elevated.
Commodities Weekly Research Report Forecast 07-05-18 To 11-05-18
Trend Up ⇒ Buy Gold MCX Between 30950 – 30850, Stop Loss (CBSL) – 30699 Target – 31280 ↔ 31680 ↔ 31840 (Any Panic Buy)
Trend Up ⇒ Buy Silver MCX Between 39100 – 38900, Stop Loss (CBSL) – 38333, Target – 40370 ↔ 40810 (Any Panic Buy)
Spot Gold Critical Support @$1,300 Level
Gold Silver Reports (GSR) — Spot Gold Critical Support @$1,300 Level — While selling pressure has undoubtedly been a significant component of this recent decline, it is dollar strength that has been the predominant factor taking gold to its current pricing which is at a critical support level. This support level is crucial because of two technical indicators: Fibonacci retracement and the 200-day moving average.
Commodities Weekly Research Report Forecast 23-04-18 To 27-04-18
Trend Up ⇒ Buy Gold MCX Between 31050 – 30950, Stop Loss (CBSL) – 30699 Target – 31680 ↔ 30980 (Any Panic Buy)