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2020-04-08

Gold futures have declined more than $70 after hitting year high at $1742. The decline was mainly due to profit booking

The immediate resistance is around $1700, any indicative break beyond targets $1725/$1740. It is good to buy on dips

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2020-04-07

Gold breaks neckline of inverse head and shoulder in futures chart, jump till $1800 likely

Gold has shown a massive recovery of more than $100 from yesterday's low of $1638. Global stock market rallies sharply…

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2020-04-06

The immediate resistance is around $1645 and indicative break above targets $1660/$1680. It is good to buy on dips

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2020-04-06

Gold jumped till $1632.90. The recovery came due to Safe-haven demand and weak US jobs data. while the unemployment rate jumped to 4.4% vs 3.8%.

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2020-04-02

Gold is consolidating in a narrow range between $1600 and $1572 for the past two trading days. The yellow metal is struggling to trade above $1625 (trend line resistance) and $1640 level

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2020-04-01

On the higher side, immediate resistance is around $1600 and indicative break above will take the gold till $1625/$1645

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2020-04-01

Gold has lost more than $70 after forming a temporary top around $1645.The slight improvement in Chinese data and dollar strength is putting pressure on the yellow metal.

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2020-03-25

The US Congress and the White House agree on a two-trillion-dollar plan to tackle the Corona virus

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2020-03-25

Gold has shown a massive jump of more than $80 yesterday on hopes of stimulus from the US government.

US stocks surged more than 10% with Dow Jones 20704 (11.37%) and S&P500 2447 (9%). The jump in the market…

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2020-03-18

Gold recovers sharply more than $80 from low of $1451on safe-haven demand, good to buy on dips

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2020-03-17

Gold lost more than $250 after hitting a high of $1703 despite easing by major central banks.

 The spread of coronavirus has forced investors to sell gold and raise cash. The yellow metal declined 12% in a…

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2020-03-12

stock sink on virus resposne concerns

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2020-03-11

BOE cuts rates 50 BPS to .25 %

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2020-03-10

Dollar falls as risk appetite worsens on coronavirus shock, Oil price crash, Gold retreats, Oil plunges 25%

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2020-03-09

US credit market fear gauge surges most since Leman collapse

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2020-03-09

stocks pare deepest losses oil in freefall

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2020-03-09

11year bull market in jeopardy stock open after halt

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2020-03-09

oil suffers worst loss since 1991 gulf war

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2020-03-05

Global yields continue decline

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2020-03-04

Gold has surged sharply more than $50 after Fed's surprise cut. US Central bank cuts rates by 50 bps emergency, the first time since 2008.

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2020-03-03

Fed cuts rate 50 bps say virus pases evolving risks

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2020-03-02

Gold has lost more than $100 pips previous week after hitting a 7-year high. The decline was mainly due to profit booking.

Technically, it is facing strong support at $1580 (7- W EMA) and any close below targets $1563/$1538.

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2020-02-24

Dow Jones sharp drop of more than 900 points due to the impact of the Corona virus on the global economy

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2020-02-23

Chinese President: Corona is the most serious health emergency since 1949

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2020-02-23

Italy puts 11 cities under closure due to an outbreak of Coruna virus

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2020-02-22

Gold jumped more than 1.5% on Friday to its highest level in seven years as investors rushed to the metal’s safety due to concerns over the global economic fallout from the fast-spreading coronavirus.

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2020-02-20

Total number of death increased to 2118 The spread of coronavirus is expected to impact global growth, . The yellow metal is holding above $1600 and is currently trading around $1609

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2020-02-18

conrnavirirus hits Apple revenue target

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2020-02-12

Gold is trading in a narrow range between $1560 and $1577 for the past 3 trading days. The major factors affecting the yellow metal are

 Global stock market- US markets are trading at an all-time high and jumped more than 2% this week despite the…

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2020-02-10

Gold prices rising concerns over the severity of the coronavirus outbreak and its impact on the global markets. having touched a low of $1547.55 on Wednesday.

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2020-02-05

The total number of death has increased to 500 with no symptoms of a slowdown

According to China's health commission, nearly 65 people have died yesterday and the number infected rose by 3887 to 24234.…

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2020-02-03

Chinese markets closed down more than 7% to the lowest level since 2015 and stock market losses exceed $ 400 billion

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2020-02-03

China cuts interest rates and pumps billions of dollars of liquidity into the market to maintain it, and the number of fatal corona fires rises to more than 360

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2020-02-02

Corona death toll rises to 304, and Apple temporarily closes all its stores and offices

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2020-01-30

coronavirus death toll hits 170. and facebook shares slump

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2020-01-30

Gold has recovered sharply on the fast-spreading of coronavirus across various countries.

Most of the death has been from Wuhan and province of Hubei. US Fed has kept its rates unchanged at…

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2020-01-29

Hong kong: on high alert coronavirus

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2020-01-27

Gold spikes up in opening hours on Monday and touches $1,588.China: warns virus spread increasing. key resistances are seen at $1,588, $1,597 and $1,611

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2020-01-25

The Chinese President: He says the spread of the Corona virus is accelerating and the country is facing a dangerous situation

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2020-01-23

China takes action to shut down two cities after the spread of the Coruna virus

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2020-01-23

The coronavirus has spread more than 20 countries and it might impact the economic growth of China. The buying in gold is expected at lower levels as demand for Safe-haven assets will increase.

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2020-01-21

The International Monetary Fund cuts its forecasts for world economic growth in 2020 and gold rises

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2020-01-20

Gold is trading slightly flat after minor recovery till $1562.02 on declining bond yield.

The near term resistance is around $1575, any break over targets $1588/$1600. 

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2020-01-18

Gold closed higher on Friday as chronic shortage of the metal in the market

Gold edged 0.3% higher to $1,557.64 per ounce, and  gold futures rose 0.4% to $1,557.64

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2020-01-16

Gold recovered more than $20 from low of $1536 on weak US dollar and declining bond yield.

Gold recovered more than $20 from low of $1536 on weak US dollar and declining bond yield. The yellow metal…

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2020-01-15

US Treasury Secretary: Customs tariffs on China will remain until after the US elections

Gold rises after the statement of the US Treasury Secretary that the tariffs on China will remain until after the…

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2020-01-14

Gold eases to near 2-week low ahead of U.S.-China trade deal

news that the United States has dropped China's designation as a currency manipulator added to the optimism. However, U.S. Trade…

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2020-01-13

Gold prices fell 1% on Monday as optimism in equity markets ahead of the signing of an interim U.S.-China trade deal

 and lack of further escalation in Middle East tensions diminished bullion’s safe-haven appeal. Spot gold dipped 0.7% to $1,551.25 per…

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2020-01-09

Gold has declined sharply more than $50 from fresh 7-year high $1611 after Trump signals no further action against Iran.

 US President Trump said in a speech yesterday that "Iran appears to be standing down, which is a good thing…

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2020-01-08

The White House: Trump will make a statement at 7 pm Kuwait time Markets are back as they were before yesterday's closing and waiting for Trump's speech

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2020-01-08

Gold sharply more than $50 after Iran strikes missile at US forces in Iraq at al-Asad and Erbil $1611.70 and is currently trading around $1592.

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2020-01-06

The Gold hits 6-month high at $1588 and any break above targets $1600/$1625. good to buy on dips

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2020-01-06

Gold continues to trade higher and jumped more than $50 .Trump threatened to hit 52 Iranian sites if Iran retaliates

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2020-01-05

Gold prices surged on Friday to a four-month peak, racing past the key $1,550 an ounce level

Gold prices surged on Friday to a four-month peak, racing past the key $1,550 an ounce level after a U.S.…

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2019-12-31

Gold rises jump till $1535 likely On the top side, key resistances are $1,532 and $1,558 mark respectively.

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2019-12-30

Gold is jumped more than $35 on US dollar bleeding. The near term resistance is around $1516, beyond that level will $1525/$1555 is possible.

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2019-12-23

Gold jumped more than $20 The near-term resistance is at $1485, any indicative break beyond targets $1500/$1525.

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2019-12-23

Bond yields in Europe are declining before the holiday

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2019-12-19

President Trump will be 3rd President in US history to be impeached for abuse of power and obstruction in Congress.

President Trump will be 3rd President in US history to be impeached for abuse of power and obstruction in Congress.…

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2019-12-18

Gold is trading in a narrow range between $1449 and $1486 for the past 3-week It is good to buy on dips

he near-term resistance is at $1485, any indicative break beyond targets $1500/$1525. On the flip side, near-term support stands at…

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2019-12-16

Iran: If we do not export our oil, others will not

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2019-12-12

Trump : VERY close to a BIG DEAL with China want it, and so do we !

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2019-12-12

These two events could most certainly have a profound and major impact on upcoming gold pricing.

There are two more important events that traders have now begun to focus on. First and foremost is the trade…

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2019-12-10

Markets eye US Fed monetary policy tomorrow for further direction. The central bank is expected to keep rates unchanged at 1.75%.

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2019-12-05

China: should cut tariffs for a first-phase agreement with the United States

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2019-12-03

Dow futures fell 300 points before opening

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2019-12-03

Trump : I have no deadline no on china deal timing

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2019-12-03

North Korea warns the United States of a year-end deadline to change course and says the United States will choose the Christmas gift it gets

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2019-12-02

US stocks fall sharply on disappointing data and possible new charges from Trump

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2019-12-01

China wants to eliminate tariffs in the first phase of a trade deal with the US and insists on retreating from existing tariffs

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2019-11-28

Trump's signing of a resolution supporting the protests in Hong Kong is infuriating China

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2019-11-26

Probability of the Fed to keep rates unchanged

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2019-11-26

Gold continues to trade weak on US-China trade optimism.On the flip side, near-term support stands at $1456, violation below will drag the yellow metal down till $1445/$1430/$1413 possible.

 strong US dollar. China has drafted new guidelines for protecting intellectual property rights which increases hopes of phase 1 deal.…

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2019-11-25

Trump : Another new stock market record Enjoy!!

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2019-11-25

Gold prices fell during the Asian session on anticipation of further trade developments between China and the United States

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2019-11-21

China invites US trade negotitores for more talks

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2019-11-20

Gold is trading higher for 2nd consecutive days .

Gold is trading higher for 2nd consecutive days after a minor bottom around $1457. The jump was mainly due to…

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2019-11-19

Gold was trading highly volatile yesterday . But the trend is on the higher side and an intraday trend continuation only above $1475.

The near-term resistance is at $1475 (support turned into resistance) and indicative break above targets $1500/$1525.

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2019-11-18

Fed says powell met with trump and descussed negative interst rates US

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2019-11-14

Precious metals rebound on the back of uncertainty in trade talks

The yellow metal managed to record a slight recovery this week on the back of a decline in risk appetite,…

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2019-11-14

Trade deal stalled as tariff threat continues to threaten negotiations

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2019-11-13

The major resistance is around 1480, any indicative break up targets $1500/$1525. Major trend reversal only beyond $1555.

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2019-11-13

Trump: We will raise tariffs significantly if you do not reach an agreement with China

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2019-11-13

Gold prices surged as investors remained cautious after a much-awaited speech by U.S. President Donald Trump gave no details on the signing of a trade deal with China.

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2019-11-12

Trump to speak at economic clumb of New York

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2019-11-12

Gold continues to trade lower and hits a fresh 3-month low at $1448 on strong US dollar and rising bond yield.

Gold continues to trade lower and hits a fresh 3-month low at $1448 on strong US dollar and rising bond…

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2019-11-10

Trump: Reports of eliminating tariffs on Chinese products are incorrect

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2019-11-07

Gold has declined nearly $10 in the European session on fresh US-China trade optimism.

Gold has declined nearly $10 in the European session on fresh US-China trade optimism. European shares hit 4- year high…

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2019-11-07

meeting between President Trump, and the Chinese President Xi Jinping which was originally scheduled to be held this month in Chile has been delayed

Phase One Trade Agreement Signing Delayed According to Reuters News Service, the long-awaited meeting between President Trump, and the Chinese…

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2019-11-05

China seeks to eliminate US customs duties on goods worth 360 billion dollars

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2019-11-04

Gold faces strong resistance at $1,513 above targets key resistances around $1,532 and $1,552 .

Gold faces strong resistance at $1,513 above targets key resistances around $1,532 and $1,552  and gold could easily test $1600…

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2019-10-31

China said to doubt long term trade deal possible with Trump

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2019-10-31

The Federal Reserve cut their Fed funds rates by a ¼% (25 basis points)

Today at the conclusion of this month’s FOMC meeting, the highly anticipated rate cut was announced and implemented. The Federal…

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2019-10-30

FOMC Meeting and Friday’s Jobs Report Will Determine Future Market Sentiment

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2019-10-29

Gold trades lower ahead of FED policy, good to buy on dips

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2019-10-28

EU approves postponement of Brexit until January 31

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2019-10-26

Market waiting the Federal Reserve meeting on October 29, and concluding on the following day the 30th. It is highly likely that a Fed rate cut would be supportive and bullish for gold.

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2019-10-24

Markets are looking ahead to developments in the UK as the EU will decide whether to extend the Brexit deadline on 31st of this month.

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2019-10-21

The near-term resistance is around $1500 and any convincing break above will take till $1512-15/1525. Any bullish continuation only above $1555.

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2019-10-21

Markets eye ECB monetary policy on Thursday for further direction. The weak US economic data is increasing the chance of a further rate cut by the Fed.

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2019-10-17

Gold has shown a good recovery of nearly $20 from low of $1475 due to weak US economic data

 US retail sales have declined for the first time in 7 months and came at -0.3% compared to an estimate…

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2019-10-15

Gold has shown recovery of nearly $25 on decreasing hopes of the US-China trade deal. China wants another round of talks before signing a partial deal next week.

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2019-10-14

china wants more talks before signing TRUMP'S phase one deal

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