Gold struggled to preserve intraday gains and turned negative during the European session. Risk appetite, a modest rally in the USD put some downward pressure on the commodity. The nervousness of COVID-19 and the resurgence of hopes for a US fiscal stimulus helped limit the metal’s slide. The gold it updated daily lows, around the […]
Tag: NOTE
XAU / USD Returns Modest Initial Gains and Pulls Back Below $ 1,880 Level
Gold gained traction for the second day in a row on Tuesday. Falling US bond yields continued to support the rally. Risk appetite sentiment limits any significant rally for the precious metal. The gold has returned a significant portion of its initial earnings to the region of $ 1,884-85 and at the time of writing, […]
XAU / USD remains below $ 1,900
Gold is rebounding after Monday’s slide. XAU / USD remains below a group of moving averages. A daily close below $ 1,850 could cause the outlook to turn bearish. After climbing to its highest level since mid-September at $ 1,965 on Monday, the pair XAU / USD took a 180-degree turn and suffered its biggest […]
XAU / USD moves away from highs, remains offered in the $ 1,875 zone
Gold gained some positive traction on Tuesday and retraced part of the overnight slide. Lack of tracking purchases warrants caution before placing aggressive bullish bets. The gold It maintained its modest intraday gains during the early North American session and was last seen trading just above the $ 1,875 level, down around $ 15 from […]
XAU / USD recovery stops at $ 1,890 region
Gold stops rebounding amid a bearish crossover on the 1 hour chart. The RSI on the 1 hour chart has turned flat within the bearish zone. A test of the key support at $ 1,848 is on the table. After failing to find acceptance above the $ 1,890 region during the European session on Tuesday, […]
XAU / USD extends rally from 1-month lows and rises towards $ 1,890 level
Gold achieves some positive traction on Tuesday and recovers some of the previous day’s decline. A pullback in stock markets and in US bond yields offers some support for the yellow metal. Dovish USD demand remains supportive, although vaccine optimism could limit the rise. The prices of the gold They move higher during the European […]
XAU / USD selloff finds support at $ 1,850
XAU / USD loses more than $ 100 to hit a low of $ 1,850 Gold plummets on hopes of a COVID-19 vaccine The decline in the XAU / USD has been contained at medium-term lows. Gold futures it has lost more than $ 100 on Monday, to find support at $ 1,850, where the […]
XAU / USD cannot find support and falls to test September lows near $ 1,850
XAU / USD is heading towards the lowest close in months, the worst day since August. The US dollar extends gains against major currencies, cuts losses against emerging market currencies and commodities. The Gold is falling sharply on Monday amid risk appetite following news that Pfizer’s vaccine was more than 90% effective. The yellow metal […]
XAU / USD extends decline below $ 1900
Shelter assets plummet before strong rise in stocks. Pfizer study shows effectiveness greater than 90%. Gold goes from highs in a month and a half, to target the lows of September and October. Gold is having a crash on Monday, yielding almost 4%. Between the high of the day and the low of the day […]
Gold plummets to $ 1900 on optimism over Pfizer vaccine
The dollar, the yen and the gold under pressure before the soaring of the markets. Pfizer study shows 90% effectiveness of coronavirus vaccine effectiveness. The Gold fell from $ 1960 to $ 1900, in minutes, after it was known that the Pfizer vaccine was 90% effective in preventing the disease among volunteers. The data flooded […]
