Gold prices have been oscillating on Thursday and are currently hovering around $ 1,790, a drop of more than 1.0% on the day. Real yields have risen following aggressive Fed Minutes on Wednesday and this is weighing on precious metals. Trading conditions in the precious metals markets have been choppy in recent trading, although bearish […]
Tag: NOTE
XAU / USD falls to test critical support at 100 DMA amid firmer returns
The price of gold continues to decline as the DXY rises with yields amid an aggressive Fed. Focus shifts to US ISM Services PMI and Friday’s NFP. A break below the 100 DMA will drive gold towards the $ 1,785 levels. The price of gold is losing another $ 20 in trading Thursday, due to […]
XAU / USD rises after US data and targets $ 1,830
The dollar retreats after better-than-expected employment data from the US. Gold is approaching the highs for the week and the $ 1,830 area. The oro extended earnings Wednesday following US ADP employment data and is trading at the day’s highs at $ 1,827. The rises accelerated after the economic figures and before the stability in […]
XAU / USD Slumps Again, Returning Towards $ 1,800 Amid Rising US Bond Yields
A combination of factors drove the aggressive selling of gold on Monday. The prevailing risk appetite acted like a headwind for gold – safe haven. Rising US bond yields and resurgent demand for USD contributed to intraday selling. The oro witnessed aggressive selling on the first trading day of the new year and halted a […]
XAU / USD rejected above $ 1830, falls back to $ 1820
Gold hit a month high but then changed direction. XAU / USD tries to get closer to $ 1830 in the preview of the American session. The Gold is trading in slightly negative territory on Monday, but with signs of difficulty extending the rally beyond the important resistance at $ 1,830.. The metal peaked in […]
XAU / USD tests monthly highs below $ 1,820, still ongoing for an annual loss of approximately 4.0%
XAU / USD gold consolidates near monthly highs below $ 1,820, supported at weekly lows by falling real yields. The XAU / USD appears to be on track to post an annual loss of around 4.0%. Investors expect losses of a similar magnitude in 2022, according to a Reuters poll. Gold prices (XAU / USD) […]
XAU / USD advances again and tests $ 1820
The way to close the year on a positive note, but with losses. XAU / USD tests the $ 1820 zone, then $ 1830/35 appears. Gold rose slightly on Friday, validating recent rebound. The XAU / USD is rising modestly on Friday, trading at $ 1,820.20, igualando the high of Tuesday. The metal is pressing […]
XAU / USD is stable at $ 1,800
XAU / USD gold stabilized at the $ 1,800 zone. The precious metal rose as high as $ 1,820 earlier in the week and as low as $ 1,790 on Wednesday. Traders will be reluctant to read too much about recent moves due to weakened liquidity conditions for the New Year. It’s been a choppy […]
XAU / USD without strength, fails to affirm above $ 1800
-637764573269257118.png "XAU / USD without strength, fails to affirm above $ 1800")
Gold weakened in the last day of the year due to a moderate strengthening of the dollar. XAU / USD fails to assert itself above $ 1805, it survives on the 20-day average. Data ahead: US jobless claims and Chicago PMI. Gold is falling less than $ 5 on Thursday and is trading just below […]
XAU / USD accelerates retracement and falls below $ 1800
Rise in Treasury yields pushes gold down and drags down silver. XAU / USD falls to $ 1795, a five-day low. The oro it broke below $ 1805 and weakened further. After losing $ 1,800, it reached $ 1,795, the lowest level since December 22. The price of an ounce remains in the low zone, […]