Gold attracted some buying for the second day in a row on Wednesday. As US bond yields receded, the weaker USD acted as a tailwind for commodities. Aggressive central bank expectations could continue to limit the metal’s gains. The oro (XAU / USD) It continued to show some resistance below the confluence of the 100/200 […]
Tag: NOTE
XAU / USD faces downward pressure and tests support at $ 1,782
After Tuesday’s sharp decline, the technical outlook for gold was pointing south. The metal is looking at the lows of Tuesday and last Friday in the area of ​​$ 1,782. Fall in Treasury yields helps limit declines in XAU / USD. The Gold is falling for the second day in a row on Wednesday, although […]
XAU / USD dips below $ 1,800, decline appears limited
Risk appetite sparked further selling around safe-haven gold on Tuesday. Aggressive expectations from the Fed put even more pressure on the unperforming XAU / USD. New nerves from COVID-19, concerns about global economic growth helped limit losses. Gold (XAU) added to its intraday losses and weakened further below $ 1,800 during the early days of […]
XAU / USD takes a breather, still above $ 1800
Pause in the gold rally, still supported by dollar weakness. XAU / USD with resistance at $ 1,810, support around $ 1,798. The XAU / USD remains bullish despite the setback it is having on Tuesday, in which it falls modestly. The value of the ounce fell to $ 1799 hours ago, and is trading […]
XAU / USD spreads daily gains and jumps to the $ 1,810 zone
Fall in Treasury Yields Weighs on the Dollar and Boosts Gold. XAU / USD looks towards last week’s highs at $ 1,813. The oro it extended the bullish run and climbed to $ 1,810 an ounce, approaching last week’s peak of $ 1,813. If it exceeds this last level, the price would be at its […]
XAU / USD tries to return above $ 1800
Gold is rising at a modest rate on Monday, still unable to settle above $ 1800. The price of the ounce is firm despite the rise of the DXY and the support of Treasury bonds. Gold is rising on Monday and this attempt is back above $ 1800. The value of the ounce reached up […]
XAU / USD soars above $ 1800 and hits a month high
Dollar weakness and slight drop in yields boost gold. The break of $ 1800 an ounce reinforces the bullish tone. The Gold is rising strongly on Friday and accumulates a rise above $ 20. It recently broke over $ 1,800 an ounce to $ 1809, the highest level since September. The advance is driven by […]
XAU / USD bulls look to take control near $ 1,800
Gold gained traction for the fourth day in a row amid renewed USD sell bias. Rising US yields, risk appetite could limit any further gains. Aggressive signals from major central banks could also act as a headwind for the metal. The oro (XAU) it gained traction for the fourth day in a row and soared […]
XAU / USD rises to one-week highs above $ 1790
Gold and silver advance on Friday, consolidate weekly gains. XAU / USD rises are ahead of the October highs zone at $ 1800. The Gold is rising again on Friday and climbed to $ 1,794 an ounce, reaching the highest level in a week. It is holding near the highs and trading around the 100 […]
XAU / USD struggles for direction, sideways above $ 1,780
The risk aversion momentum in the markets extended some support to gold – safe haven. Higher US Treasury yields, modest USD strength limited the upside for the metal. The bulls should wait for a move beyond $ 1,800 before placing new bets. The oro (XAU) it reversed a fall at the beginning of the American […]
