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Weak Dollar Fill Life into Gold, XAU/USD Reached The 1208 Level

XAU/USD Forecast XAU/USD reached the 1208 level as anticipated after prices climbed above the 1200.20-1199 area and penetrated the 4-hourly Ichimoku cloud.  The market is trying to find support in the 1204/3 area, which was broken yesterday. The short-term charts are slightly bullish at the moment.     On the off chance that the bulls can … Continue reading "Weak Dollar Fill Life into Gold, XAU/USD Reached The 1208 Level"

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Today’s Gold Forecast and Trading Tips

Gold Daily Forecast: 1. Gold costs fall as timid ECB converts into more grounded US Dollar 2. Raw petroleum costs edge up on stock information, Saudi shipment stop 3. US GDP information may hold gold under strain, oil affect indistinct Gold costs turned lower as the US Dollar came back to the hostile, discoloring the … Continue reading "Today’s Gold Forecast and Trading Tips"

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Gold and The Best Reasons To Buy It?

These are The Best Reasons to Buy Gold for Investment   1. Diversify value 2. Store of value 3. Safe Haven 4. The Fundamentals 5. Contrarian and Value   Diversify Value: The most simple and compelling argument for owning gold for the average investor is to diversify a portfolio. By owing different asset classes and … Continue reading "Gold and The Best Reasons To Buy It?"

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Gold Trading Alerts: China and Russia Holding Gold Due to Trade War

China and Russia, two of the world’s top gold-holding countries have been very frank in their efforts to increase their gold supplies, while the U.S. has remained unsure on its actual gold reserves. Russia is now among the top five gold holders after exceeding China, which reportedly holds 1,843 tons. The Federal Reserve claims to … Continue reading "Gold Trading Alerts: China and Russia Holding Gold Due to Trade War"

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Gold Price Forecast – Week of May 14, 2018

Gold retreats from day highs towards 1,3200 as security yields Goes higher. The current bull move in Gold is ascribed to US Iran atomic arrangement of withdrawal and USD recovering from its high. Gold is hovering at around $1,318 a troy ounce basically unaltered on Friday. Prior to the day in the European session, Gold … Continue reading "Gold Price Forecast – Week of May 14, 2018"

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