Gold Pani Pani – 40,000—38,000 ke Sapne Mat Dekho – Phele Niche Fir Upar Aayega – Abhi Toh Party Shuru Hui Hai
Analysis
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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.
Gold Fleetingly Slips Below $1400 Level, New Weekly Lows – Gold Silver Reports
Gold Fleetingly slipped below the key level $1400 psychological mark and refreshed weekly lows during the early North-American session.
MCX Silver Below 38100 Thoko, Only Sell – Neal Bhai Reports
Silver on MCX settled down 0.37% at 37862 as U.S. Federal Reserve chairman Jerome Powell played down expectations of aggressive rate cut.
Spot Gold Trading Tips – Keep Eye on $1398, Below Big Downside Expected – Neal Bhai Reports
Gold Silver Reports (GSR) – While latest comments from the US Treasury Secretary triggered some risk-off during late-Wednesday, activating the yellow metal’s pullback, Gold prices remain mostly flat around $1408 amid Thursday morning in Asia.