Monday, April 30, 2012

TrendLine:
#Gold Down(-0.80) due to Strengthening of US Dollar
#Gold Rise(+1.40) due to Predominant Buyers
#Finally Gold Gains +0.60$

Saturday, April 28, 2012

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Friday, April 27, 2012

Today's Economic Data:
"Advance GDP q/q"
Actual:2.2%
Forecast:2.6%
Previous:3.0%
*Data Negative for Dollar
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Thursday, April 26, 2012

Today's Economic Data:
"Pending Home Sales m/m"
Actual:4.1%
Forecast:1.2%
Previous:0.4%
*Data Positive for Dollar
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Saturday, April 21, 2012

25 Analysts Survey about Next Week Gold:
11 Forecast Rise.
6 Said Fall.
8 Member Neutral.
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Thursday, April 19, 2012

Today's Economic Data:
"Existing Home Sales"
Actual:4.48M
Forecast:4.62M
Previous:4.60M
*Data Negative for Dollar
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"Natural Gas traders expect near term downtrend in prices to continue with some market participants expecting to fall in short term."
TrendLine:
#Gold Rise(+3.00) due to Weakening of US Dollar
#Gold Rise(+0.40) due to Predominant Buyers
#Finally Gold Gains +3.40$
TrendLine:
#Gold Down(-1.15) due to Strengthening of US Dollar
#Gold Down(-2.45) due to Predominant Sellers
#Finally Gold Losses -3.60$

Monday, April 16, 2012

Today's Economic Data:
"TIC Long-Term Purchases"
Actual:10.1B
Forecast:40.7B
Previous:101.0B
*Data Negative for Dollar
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Today's Economic Data:
"Retail Sales m/m"
Actual:0.8%
Forecast:0.4%
Previous:1.0%
*Data Positive for Dollar
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Today's Economic Data:
"Core Retail Sales m/m"
Actual:0.8%
Forecast:0.6%
Previous:0.9%
*Data Positive for Dollar
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Asian markets trading lower today as rise in Spanish government bond yields increased worries with respect to Europe's sovereign debt crisis

Saturday, April 14, 2012

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Thursday, April 12, 2012

TrendLine:
#Gold Rise(+1.30) due to Weakening of US Dollar
#Gold Down(-6.30) due to Predominant Sellers
#Finally Gold Losses -5.00$
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Wednesday, April 11, 2012

In near term copper expected to shift trading range on lower side, with probability of copper hitting low of US $7500/ton not being ruled out.
TrendLine:
#Gold Rise(+2.80) due to Weakening of US Dollar
#Gold Down(-4.20) due to Predominant Sellers
#Finally Gold Losses -1.40$
Precious metals trading flat on Comex today. We expect prices to trade range bound on account of steadier euro could encourage buying Gold.

Monday, April 9, 2012

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Thursday, April 5, 2012

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Wednesday, April 4, 2012

NOTE:
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TrendLine:
#Gold Down(-7.25) due to Strengthening of US Dollar
#Gold Down(-16.15) due to Predominant Sellers
#Finally Gold Losses -23.40$

Tuesday, April 3, 2012

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Monday, April 2, 2012

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