Author: syed arif

Yesterday was another all time high for Gold as it reached $1428. But the volume was thin as the last time it hit record high on 7th of November 2010 and exactly after a month it broke another high. My suggestion is to buy from...

Euro zone was going down due to debt concern. Our buying price of Gold was $1363 and selling before opening of NY was $1371. So it did happen. I suggested $1376 as the breakout point at which $1390 was hit instantly. And I...

Still Gold is holding its ground and there is no direction where to go. As it is stuck between $1350 and $1375. Yesterday we hit another bulls eye as our buying was secured @$1357 and selling @$1369. Still market is waiting for...

Due to Euro under pressure because of Irish debt crisis as well as Korean tension the Gold and US Dollar are in great swing mode. Our preference to buy for long term is $1350 and below this we go for short selling and buy for...

  Yesterday the trade was thin due to Thanksgiving Day holidays starting from today as all banks are closed today and all data are on hold due to long weekend. Our buy @$1369 was on the dot and so was our sell of $1383. The...

Gold had another swing day moving up then down then up again then down. Its quite a swing for every one. Remember I am always long for Gold . So yesterday’s buy @$1358 with stop loss of $1354 was good enough for every one....

Yesterday the key support for Gold was $1347 and the gold touched $1348. Our resistance was $1364 and the asian market touched $1365. As closing is $1365 so today our buying price is $1358 with support of $1354. We need to...

Last Friday Gold went as high as $1362 then coming back to $1341. But then again it closes up $1353. As I wrote that the key figure is $1350 if it holds on Friday then we see another break towards the new record. So today Asian...

Yesterday we saw that Dollar is loosing again and the Gold touched $1359 in NY closing. And it closes @$1354. Today the market open in Asian Market @$1363 but due to profit selling it again come down to $1351. As long as support...

As I forecast Gold was due for correction. Yesterday it was a great swing for everyone. As Dollar continue to dominate and the support was noted @$1330 which was the same level from which market rebounded to all time high. Now...