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XAUUSD- Gold COMEX Position Report Update of 20th Aug 2026

By August 20, 2026No Comments

Today’s report is just a Follow Up of yesterday’s Report – while nothing is new apart from data.

Fundamentals for the Day

6.00 pm Philly Fed Manufacturing Index
Unemployment Claims
7.30 pm CB Leading INDEX
8.00 pm Natural Gas Storage

Latest News,
Original Statement
Trump on Iran: Announcing the most crushing economic operation ever taken against any country, will be an economic D-Day
No one has given the Islamic Republic of Iran a greater opportunity to make a Deal than me.
TRAGICALLY, for them, they have failed to take it. Therefore, today, I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY!
This will be Economic Warfare and Isolation on an unprecedented scale.
Their navy is gone, their air force is destroyed, their military factories are now rubble, their currency is worthless, and their country is hanging by a thread.
Today, I am also announcing that ANY country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences.
Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies โ€” It all needs to stop NOW. You know who you are.
This will be an ECONOMIC D-DAY, and we need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat.
These maniacs are on the ropes, and these HISTORIC MEASURES will cripple them and their ability to project terror worldwide.
IRAN WILL NEVER HAVE A NUCLEAR WEAPON. – President DONALD J. TRUMP

Effect: Any Economical WAR war always negative for any countries stock market and positive for gold in long term

XAUUSD – Gold

Range: 4465$ – 4773$

Our Preference: Buy Gold @ 4465$ for target 4605$ & 4773$ with SL 4440$ below only if sustain (This call is already activate)

ZIGZAG Point before the Target arrives

4522$

4565$

XAGUSD – Silver

Range: 65.88$ – 74.80$

Our Preference: Buy Silver @ 65.88$ for target 69.70$ & 74.80$ with SL 64.90$

Nearest Buy @ 66.59$ for target 69.80$ with SL 66.30$ below only if sustain

Silver is already activate it’s Buy call yesterday and carry forward position – today is for fresh buyers only.

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