Gold cannot regain the brilliance of days ago and threatens to extend correction. Return and confirmation above $ 1800 could give it bullish strength again. The oro It is falling marginally on Monday, but the most significant thing so far this day is that it could not sustain above $ 1800. After reaching $ 1804 […]
Tag: NOTE
XAU / USD continues to advance, reaching a three-week high at $ 1,810
Gold rebound remains firm and with momentum in its favor. Technical indicators support a bullish scenario, although with signs of overbought in the short term. Stability and slight decline in Treasury yields help the XAU / USD rally. Gold is rising again on Friday and continues the rally that started after falling towards $ 1,750 […]
XAU / USD Near Monthly Lows, Fed Meeting May Challenge Current Range
Gold is moving sideways with a bearish bias awaiting the FOMC. Volatility is likely to jump on the Fed statement. XAU / USD looks to December lows, everything can change drastically. Gold is falling on Wednesday, ahead of the Federal Reserve decision. The pair recently bottomed out at $ 1,763, the lowest level since December […]
XAU / USD under pressure, falls to weekly lows near $ 1,765
The price of gold is under pressure after the US data and before the FOMC meeting. The XAU / USD breaks the short-term support at $ 1,780. The US dollar remains in recent ranges against most of its rivals. The prices of the oro (XAU / USD) they are under pressure on Tuesday following the […]
XAU / USD Makes Daily Highs at $ 1791, Then Backtracks
Gold is up but without significant strength on Monday. XAU / USD remains on sideways. Key week with a decision from the Federal Reserve, which can have a high impact. The Gold is rising on Monday albeit at a moderate pace and is still well below $ 1800. After hitting a high since Wednesday at […]
XAU / USD with modest gains, capped below the 100 and 200 day SMAs
Gold gains positive traction for the second day in a row on Monday. The optimistic expectations of the Fed and the renewed strength of the USD limit the rise of the XAU / USD. Investors also seem reluctant ahead of the key central bank meeting. The oro it has built on Friday’s good bounce from […]
XAU / USD dips towards $ 1780 due to resurgent USD demand
Gold remains on the defensive below $ 1,790 amid a broad rebound in the US dollar. Market sentiment wanes as news related to the virus battles geopolitical fears and concerns about the Fed’s rate hike. The US CPI on Friday turns crucial as inflation expectations improve, in focus on locks caused by the virus and […]
XAU / USD Will Rebound Towards $ 1951 January High If Breaks Above $ 1835 – Standard Chartered
Gold has settled below the $ 1800 level after bouncing from $ 1675-1685. However the Yellow metal needs to erode crucial resistance at $ 1835 to enjoy further gains towards January high at $ 1951, as reported by the strategists of Standard Chartered. The difficult thing is to surpass the zone of 1835 $ “In […]
XAU / USD stable around $ 1780
Gold is moving sideways on Tuesday without major changes. Current range between $ 1775 and $ 1785 contains the price. Optimism in markets plays in favor of the yellow metal, but progress in Treasury yields limits it. The Gold is trading unchanged from Monday’s close, in the $ 1780 zone. The price has not registered […]
XAU / USD bounces after hitting four-week lows at $ 1,767
Gold is still under pressure, manages to recover $ 1770. The dollar remains in ranges throughout the market in a calm day. Treasury Bond Yields Up Slightly. The Gold is falling on Thursday although it managed to move away from the lows in the last two hours and cut losses. XAU / USD fell to […]
