Spot Gold extends its side-trend around the 1440 mark into the mid-European session, having stalled its retreat from 2019 highs of 1454 near 1437 region.
MCX Gold
Live Online Gold Futures, MCX Gold and Gold Option trading tips, Gold forecast, Commodity Calls, MCX Tips, Gold Silver Reports, Gold Price Live, Intraday and Positional tips along with MCX Gold Silver Tips and Live Commodity News & tips.
The Right Time to Buy Yellow Metal – Gold Silver Reports
Gold prices surged last month to its six- year high of almost ₹34,500 per 10 grams in the domestic market and $1439 per ounce globally, supported by a combination of factors from geopolitical tension between US and Iran and on expectation of US Fed lowering rates in 2019 on concerns over global slowdown,”. However, post the rally we saw a sharp correction in gold.
Gold Technical Analysis Unless Breaking $1,403 Support Turned Resistance – Neal Bhai
The long road to have a trade deal with the US, statements like Mexico and China can be partners against US pressure are likely showing Chinese media’s lack of appreciation to the recent trade truce.
Gold Pani Pani – 40,000—38,000 ke Sapne Mat Dekho – Phele Niche Fir Upar Aayega – Abhi Toh Party Shuru Hui Hai
Gold Pani Pani – 40,000—38,000 ke Sapne Mat Dekho – Phele Niche Fir Upar Aayega – Abhi Toh Party Shuru Hui Hai
Gold Prices May see Mild-Correction soon – Gold Silver Reports
Use the Mild Correction
While the fundamentals are still intact, experts feel that there may be a mild correction in gold prices after the recent spurt. Gold has seen five weeks of continuous gains and therefore, events like the upcoming US Federal Reserve meeting, G-20 meeting, etc can trigger a correction.