The advance of the dollar triggers a sharp fall in gold. XAU / USD falls below important zone of $ 1,780. US Data Ahead: Unemployment Benefits, Retail Sales, and Philly Fed. The oro it is down significantly almost 1% on Thursday, weakened by a general rally and a rise in Treasury yields. In addition, technical […]
Tag: Oro
Gold Forecast: XAU / USD set for a rally towards $ 1,830 / 34
Gold is around $ 1,800. Support near $ 1,779 / 74 is proving to be quite strong. Therefore, Karen Jones, head of the FICC technical analysis research team at Commerzbank, favors short-term recovery. Neutral to positive bias while above $ 1,750 “Gold has tested and held above the $ 1,779 / 74 support several times […]
XAU / USD backs off after Tuesday’s rally and remains around $ 1800
Gold Rally loses moment but manages to return over $ 1800. Treasury bond yields validate Tuesday’s decline. More US data Wednesday: Empire and industrial production. Gold is retreating on Wednesday after hitting a one-week high of $ 1808.50 on Tuesday. After hitting a low at $ 1798, XAU / USD managed to return above $ […]
XAU / USD rises to $ 1800 after dollar decline
The dollar experienced a significant pullback following the US retail inflation data. Metals rose significantly, although they were unable to break key levels. XAU / USD remains in the recent range. Gold bounced from two-week lows near $ 1,780 and climbed to $ 1800, peaking since Friday. The boost came from a general decline in […]
Weakened XAU / USD Marks Daily Lows and Looks Toward $ 1780
Gold stability and modest rise in yields keep gold limited. XAU / USD near support area starting at $ 1785. In the crosshairs: US inflation data for August. Gold is falling on Tuesday ahead of major US data release although it remains within the recent range. The price marked a low for the day at […]
XAU / USD bounces again near $ 1,785 and marks daily highs near $ 1,795
The dollar weakens after the start of the American session. XAU / USD returns to positive ground, XAG / USD cuts losses. The gold returned to positive terrain, on a Monday day with lateral and unclear routes. After falling to $ 1784, the XAU / SD rebounded and is at daily highs near $ 1795. […]
XAU / USD remains under pressure below $ 1790
Gold fails to assert recovery and returns below $ 1790. Rise of the dollar favors fall in metals. The Gold is trading around $ 1788, at the same level where it closed on Friday, with a negative tone and pointing to the lows of the Asian session of $ 1783.60. The rise in the dollar […]
XAU / USD failure at $ 1,800 put bears in control
Gold breaks below $ 1,800, bears are targeting $ 1,700. Yields on 10-year US Treasuries rise, supporting demand for the US dollar. Members of the Fed on the week agree on the prospects for a gradual reduction in bonds this year. The oro it is trading lower during the New York session, trading at $ […]
XAU / USD again fails to claim above $ 1800
Gold retreats after trading above $ 1800 and erases daily gains. Advance Treasury yields do not let XAU / USD benefit from weak dollar. Gold weakened after rising to $ 1803 an ounce, the highest level in three days. The price fell and returned to the area of ​​$ 1,795, where it is trading practically […]
Reduction that is not reduction and plummeting yields lead the way
What you need to know on Friday, September 10: The dollar fell along with US government bond yields. The 10-year Treasury yield fell to 1,287%, passing the critical level of 1.30% after a disappointing 30-year yield auction. The United States auctioned 30-year bonds at 1.91%, down from 2.04% previously. As yields stabilized near daily lows […]
