Author: syed arif

Gold and Crude Oil Forecast 22 December 2010 There was no news at any end so the US Dollar and the Gold swing in range bond. My forecast to sell @$1392 proved to be bulls eye. And many of my subscriber sell. The low was @$1380.5...

Gold and Crude Oil Forecast 21 December 2010 Gold market is still moving on news from Korea and Euro Zone. And we again saw buying and support @$1376. Although my selling price was hit but buying was not there below $1370....

Gold and Crude Oil Forecast 20 December 2010 My last week forecast was in line as again the selling occurred @$1379 and breaking down to $1364 then again go up to close @$1375. Still Eurozone and buying from Asia is putting Gold...

Gold and Crude Oil Forecast 17 December 2010 Yesterday our price for shorting gold and buying at support price of $1364 was met. As gold hit $1362 for the brief period. As I am telling since the last week that Gold is bearish...

Gold and Crude Oil Forecast 16 December 2010 Yesterday my forecast limit of Gold was hit @$1397 and the buying occurs @$1387. As there was no news yesterday just the US Dollar become stronger against major currencies. Today our...

Yesterday the Fed meeting was held and there wasnt any comment which can fluctuate the market vigorously. The US Dollar become stronger as it was weak for last couple of days. The Gold retreat to same manner as it was higher in...

Yesterday US dollar showed weakness as well as China did not raise the expected interest rate. So it all favors Gold and unexpectedly it climb towards $1399 and closed @ $1395. Our buying price was hit as $1380. Today all are...

My forecast for Gold to sell @$1393 was proved to be good. As the news was favorable for US Dollar. Also China did not approve raising of interest rate.  As year end is approaching and so is Christmas and New Year holidays...

Gold market is confused as some positive and negative news are coming and giving Gold and US dollar zig zag movement. Coming news is China’s interest rate hike which will not favor gold and Euro Zone again coming up again...

Yesterday was expected sooner or later. As the Gold broke another record of all time high to $1431 then fell down towards $1398 and today Asian Market opened @$1388. We need to buy our first attempt from $1364. Now we do not see...