Gold is consolidating after better than expected U.S NFP and softer ISM data
Gold was sold off from 1976-1978 after good U.S NFP because the US Dollar and Yield went up. However, gold could not break the 1940-1941 … Read More
Gold was sold off from 1976-1978 after good U.S NFP because the US Dollar and Yield went up. However, gold could not break the 1940-1941 … Read More
Gold has made a correction from 1932-1935 to 1973-1957 after making a false break-out of the 1932-1935 zone. The U.S congress has voted to pass … Read More
The long term gold trend has turned from bullish into correction because it has been sold off from 2070-2075 to 1936-1940. The cash of gold … Read More
Gold is consolidating from 1869 to 1883-1885 because the US Dollar Index has not broken the 104 level yet. The US Dollar is consolidating from … Read More
The US Dollar broke the 102.00 level after the 51K NFP report to form a reversal pattern after the Fed raising interest rate in its … Read More
The USD Dollar Index is currently trading around 103.40-103.50 zone after making a reversal post FOMC Meeting Minutes and the 517K NFP release. The reversal … Read More
Gold was sold off heavily from 1915 to 1859-1860 after the surprised 517K NFP report. Gold is making a correction on the day chart and … Read More
Gold went from 1786 to 1801-1802 and then closed around 1801.50 even though the US Dollar Index was strong last Friday. Gold made a false … Read More
Gold went from 1686 to 1763-1765 and then to the 1793-1795 because of China US tensions over Taiwan. Gold was sold off from 1789-1793 to … Read More
Gold dropped to test the weekly support zone around 1681-1685 on July 21 because the US Dollar Index up trend has been strong since the … Read More