james001harrison

james001harrison

Gold took a 40$ movement in just a few hours because of the lockdown news in Europe and there was exciting home sales news as well with that, Now gold is looking in a bullish trend and will touch 1815 - 1820 soon.

james001harrison Updated 

Overall Gold is in Uptrend, THREE FACTORS DRIVING GOLD 1) Increasing COVID cases in EUROPE and fresh locksdowns. EFFECT : POSITIVE FOR GOLD 2) FED CHAIRMAN selection ( set for Tuesday) EFFECT : POWELL - HAWKISH (GOLD DOWN) BRAINARD - DOVISH ( GOLD UP) 3) Growing speculation on FED intervention due to increasing Inflation. Looking for...

james001harrison

Looking for downtrend, Short term selling opportunities proper Risk Management applies.

james001harrison Updated 

#Gold prices fell slightly on Thursday, as the number of initial jobless claims fell to the lowest in 20 months. There are not much important economic data released this week, and gold prices may still be dominated by shocks in the short term.

james001harrison

It can be said that #gold has fallen into the range of 1860-1870 in the daytime today. The upward bulls cannot continue to break through and stand firm in 1870 to go higher.