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Author: syed arif

Gold Forecast June 4

Strong US data put gold on pressure and first it was all bought at dip of US$ 1217 then sold off starts @US$ 1225 before going down at NY opening of US$1200. Today’s Job data is coming which is favoring US $. Today further...

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Gold Forecast June 3

Yesterday we see movement towards US$ 1213.50 before breaking up towards US$ 1223. Today we see another buy from dip of US$ 1217 and breaking resistance of US$ 1229. Today’s tip buy with caution

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Gold Forecast June 2

Yesterday again we see buying from the dip and then selling @US$ 1229. Today we see some downward movements first towards US$ 1215 then we see upward movement and breaking the strong resistance of US$ 1229 and moving towards US$...

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Gold Forecast June 1

Yesterday due to holiday thin trade was seen. But still my forecast too good to be true as people bought from the dip and then sold off to the high of US$ 1218. Today need to buy from US$ 1210 and sell off at...

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Gold Forecast May 31

As per the forecast we did see selling @US$1215 which was the high of the day. Then market went down towardsUS$ 1202 and we see fresh buying again. Today we see fresh buying from US$ 1205 and the important resistance to pass is...

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Gold Forecast May 28

Yesterday we see movement from US$ 1208 low towards US$1218. Strong selling was seen due to a day left in contract expiry. Today we see more selling as its the last day of the month and the June contract is going to be expired....

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Gold Forecast May 27

Yesterday’s forecast again was true. The market shoot up from US$ 1201 towards US$ 1217 at NY opening. But it hold that position and then NY closed at US$ 1210. Now today we see buying from US$ 1208 and then it will go...

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Gold Forecast May 26

Yesterday’s forecast was too good to be true. Those who buy at dips and sold at US$ 1204 made fortunes. Yesterday NY closed at US$ 1202 and in Asia today we see US$ 1206 at this time. We suggest more buying @US$ 1198 and...

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Gold Forecast May 25

Yesterday market saw ups and downs but those who follow the forecast were in profit. It did manage to go towards US$ 1197 and after that due to late stocks selling, the profit taking occurs in gold as well and then NY closes at...

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Gold Forecast May 24

Today we see the rebound of Gold. NY closing was US$ 1177. At this price level we see buying and today we can see upwards movement towards US$ 1205 after breaking resistance level of US$ 1192. Today’s recommendation is...

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