Gold rebounds after making up to $ 1,760 amid dollar weakness. Unclear trend in the short term, looking for a direction. The oro it is rising on Thursday, after starting a recovery during the European session. The price recently climbed to $ 1,776, the new high for the day, after testing the $ 1,760 zone […]
Tag: Oro
Forex Today – Asian Session: Powell Boosts the Dollar
What you need to know on Thursday, September 23: The dollar closed higher against most major rivals on Wednesday, as the US Federal Reserve was quite aggressive, hinting at clearer definitions on the downsizing schedule at its next November meeting. “If progress continues broadly as expected, the Committee judges that a moderation in the pace […]
XAU / USD clings to modest gains near $ 1,780 ahead of FOMC
Gold faced rejection near the 200-hour SMA for the second consecutive session on Wednesday. The risk appetite boost was seen as a key factor acting as a headwind for the safe haven metal. A dovish USD price action did little to provide support ahead of the FOMC’s policy decision. Upgrade: After rising early in the […]
XAU / USD loses steam after failing to exceed $ 1780, focus is on Fed
Gold remains far from recent lows, but the recovery is losing steam. The focus is on the decision of the Federal Reserve on Wednesday in the American afternoon. The Gold is trading unchanged on Wednesday, a key day for the markets. The price of the ounce is in the area of ​​$ 1,775, where it […]
Forex Today – Asian Session: With All Eyes on Fed and Phasing Out
What you need to know on Wednesday, September 22: The dollar lost ground during the first half of the day, but regained most of it during the American afternoon. Asian and European stocks closed higher, while Wall Street opened with substantial gains, most of them losing before the close. Market participants brushed off Evergrande-related concerns […]
XAU / USD marks day highs near $ 1770
Gold maintains the rebound from lows in weeks, supports the lower strength of the dollar. The Federal Reserve meeting begins, the decision on Wednesday. The Gold is in positive territory on Tuesday, trying to extend the rebound that began in the Asian session on Monday. It recently reached $ 1768, the highest since last Thursday, […]
Forex Today – Asian Session: Dollar Backed By Risk Aversion
What you need to know on Tuesday, September 21: The US dollar is the overall winner at the beginning of the week, thanks to risk aversion. The concerns revolve around the Evergrande Group, China’s second-largest real estate developer by sales. The company’s shares plummeted at the weekly open by more than 10% as the company […]
XAU / USD recovers from 5-week lows to the $ 1,760 zone
Gold recovers nearly $ 20 after falling to lows since mid-August. Recovery met resistance near $ 1760 and lost steam. Gold is trading in positive territory on Monday at the $ 1,755 zone, after having fallen in the hours of the Asian session to $ 1,741.65 an ounce, the lowest level since August 11. The […]
XAU / USD slows rebound below $ 1770 and loses steam
Gold is cutting some of Thursday’s losses. Dollar correction favors XAU / USD rebound. After reaching $ 1,767, gold lost steam. The Gold is trading just above $ 1760, having climbed to $ 1767, the highest level after plummeting to $ 1,745 on Thursday. The rebound for now looks like a correction. In the last […]
XAU / USD plunges below $ 1760, to one-month lows
Gold under pressure due to the advance of the dollar and Treasury bond yields. XAU/USD pone la mira den 1745/50$. The oro and the the payment are suffering a significant drop on Thursday, which accelerated in the last hour and after US economic data. The XAU / USD loses more than 2%, trading at $ […]
