Thursday 29 Sep 2016
Crude Oil falls below $71 a barrel as the Dollar gains momentum
Crude Oil falls below $71 a barrel as the Dollar gains momentum
Gold drops as the Dollar gains momentum and investor take on risk
Gold declined against the Dollar as a rallying greenback eroded interest in the precious metal. The greenback gained against most of the major currencies after Russia
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Gold is recovering from 1277 low but still showing a corrective personality because of an overlapping price action. Therefore we
Gold has extended it's gains well above 1300 mark in the last few weeks from 1251, triangle low. Notice that
Gold broke above 1300 mark, making an extended leg from 1251, triangle low. Notice that we have adjusted the wave
Spot Gold rocketed through all resistance to gain almost $80 in a day & reach 1365. This happens to be
Spot Gold tested resistance at 1335/37 to take profit as expected & saw a high for the day as predicted.
