Gurmit Singh

Forecast for 18 August 2022 for Fundamental Analysis and Technical Analysis

1)FOMC minutes meeting focuses on Dovish. This is not helping for strengthening of USD. 2) China slowdown due to their zero covid policy, European recession such as UK having high inflation and US housing downturn will push US to inflation. 3) Philly Fed Manufacturing Index forecasted at -5.0. 4) Unemployment claims forecasted at 265000 5) …

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Forecast on the XAUUSD Trend based on Fundamental and Technical Analysis For 17 August 2022.

1) For retail sales is expected to be at 0.1% which is a good sign for US dollar strength. 2) Target earnings by companies and their earning per share in retail industries is really good and expected to rise, this will help US dollar to strengthen. 3) China economy slow down due to their zero …

Forecast on the XAUUSD Trend based on Fundamental and Technical Analysis For 17 August 2022. Baca Selanjutnya »

Forecast trend for XAUUSD and XTIUSD ( CRUDE OIL) for 9th August to 16th August 2022.

GOLD XAU/USD 1) Consumer Product Index is high, lead to high inflation, supposely for US dollar to drop however due FED increase interest rate would help to stabilise price thus strengthening US dollar through their monetary policy. 2) Producer Price Index ( PPI) is high which will lead to strengthening of US dollar. Consumers will …

Forecast trend for XAUUSD and XTIUSD ( CRUDE OIL) for 9th August to 16th August 2022. Baca Selanjutnya »

XAU/USD Forcasting for possibilities where the market goes from fundamental perspective (8-12 August 2022)

The precious metal gold has been on a strong bullish trend for three consecutive weeks. The bulls have continuously pushed the price higher after it fell as low as $1682.20 in July. The price had made a first attempt to reclaim the psychological resistance at $1800 during the Asian session today but was cut short …

XAU/USD Forcasting for possibilities where the market goes from fundamental perspective (8-12 August 2022) Baca Selanjutnya »

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