A combination of factors helps gold regain positive traction on Wednesday. Expectations of an early tightening of monetary policies by major central banks should limit gains. Inflation fears should act like a tailwind and attract new purchases on any pullback. The price of oro (XAU / USD) has achieved some positive traction on Wednesday and […]
Tag: NOTE
XAU / USD Slashes Gains Following US Data
Retail Sales Exceed Expectations with US October Increase The dollar asserts itself and pushes the XAU / USD lower. Gold is trading just in positive territory around $ 1,865, having previously risen to $ 1,877, the new high since June. Following the US retail sales data, there was a pullback to $ 1,865. The economic […]
XAU / USD surpasses $ 1870 and jumps to highs in five months
The positive outlook for gold is maintained, which advances despite a rise in the dollar. Confirmation about $ 1870, leaves doors towards $ 1890. Ahead on Tuesday: US data for retail sales and industrial production. The gold continues to advance and is operating above the $ 1870 area, at maximums in five months. The price […]
XAU / USD continues to look towards recent highs below $ 1870
Gold remains bullish, although currently limited by $ 1,870. Lower yields, market optimism and dollar weakness support metals. The gold is trading a small drop from Friday’s close, although it has erased the losses of the Asian session and is trading back above $ 1,860, with the bullish tone intact, although facing resistance. The XAU […]
XAU / USD falls below $ 1,850, falls for the first time in a week
The yellow metal is correcting lower after failing to break above $ 1,865. The dollar with mixed results, positive for the week. The Gold is falling on Friday but is still on track to close the week with significant gains. The value of the ounce failed to hold above $ 1860 and accelerated the fall […]
XAU / USD soars after US data and surpasses $ 1,850
Gold rises more than 1% and reaches highs since June. Inflation accelerates in the US and requests for unemployment benefits recede. Gold skyrocketed and was up more than 1% in minutes. The US data despite being better than expected as inflation accelerated, did not stop the metal. The break of the $ 1830 level, caused […]
XAU / USD falls back after several days and after not being able to with $ 1830
Short-term bullish gold faces strong resistance. Break of $ 1,830 could anticipate more raises. Important US Data Ahead: Retail Inflation and Unemployment Benefit Requests. The oro is falling on Wednesday, before the release of US economic data, on a rise in the dollar and in US Treasury yields Trading started the day above $ 1,830, […]
XAU / USD clings to recent gains, looks at $ 1830
Gold validated the strong rebound that began last week. Raises contained for the moment below $ 1830. The Gold is operating in the area of ​​$ 1,825 per ounce, at the same level where it closed on Monday, validating the advance of the previous three days, in which more than $ 50 bounced from the […]
XAU / USD is experiencing a slight decline after hitting two-month highs above $ 1820
Gold maintains an upward bias although it cannot yet assert itself above $ 1,820. Metals continue to rise, mixed stocks and Treasury yields rebound slightly. The Gold climbed hours ago to $ 1,822, reaching the highest level since early September and then fell back to $ 1,812, the intraday low. In the preview of the […]
XAU / USD jumps to test October highs around $ 1,810
Metals soar as US yields slide despite NFP’s upbeat report. XAU / USD hits two-week highs above $ 1,810. Gold is about to end the week on a positive note, nearly $ 50 above the weekly low. The metals They are rising sharply, driven by falling US yields on Friday. Gold broke above $ 1,800 […]