Commodity Sentiment is improving in the gold market as global equity turmoil and geopolitical tension in the Middle East fuel haven demand. About 69 percent of traders and analysts were bullish on the metal, the most since April.
Gold Tips
Spot Gold Weekly Technical Outlook – 29-Oct-2018
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.
Commodities Weekly Forecast 15-10-18 To 19-10-18 – Neal Bhai Reports
Commodities Weekly Research Report
Dated: 15-10-2018 To 19-10-2018
Happy Diwali 2018 : Big Offer Start, Just Rs. 31,000 – Diwali 2018 to Diwali 2019 – 1 Year Subscription, All Segment Covered – MCX, NCDEX, NIfty & Equity
Commodities Weekly Forecast 08-10-18 To 12-10-18 – Neal Bhai Reports
Commodities Weekly Research Report
Dated: 08-10-2018 To 12-10-2018
Happy Diwali 2018 : Big Offer Start, Just Rs. 31,000 – Diwali 2018 to Diwali 2019 – 1 Year Subscription, All Segment Covered – MCX, NCDEX, NIfty & Equity
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.”