Monday 26 Sep 2016
Gold eases slightly as the Greenback recovers and physical demand falls
Gold eases slightly as the Greenback recovers and physical demand falls
Optimism about economic recovery prospects drove stocks higher, encouraging investors to take more risks
Gold prices eased on Thursday as the dollar’s rise spurred profit taking on precious metal
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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.
