Gold in positive territory, but still with downward pressure from the strong dollar. The yellow metal lost steam again before $ 1790. The XAU / USD is trading around $ 1,783, in slightly positive territory for the day after falling to $ 1,779.50, Recently. The daily rise is modest and remains at the moment without […]
Tag: Oro
Forex Today – Asian Session: The Dollar Strengthens Further As Investors Shun High Yield Assets
What you need to know on Friday, August 20: Substantial demand for safety pushed the USD higher against most major rivals, with EUR / USD and AUD / USD falling to new 2021 lows. The USD / CAD pair is trading at its highest since January, while GBP / USD is at new August lows. […]
XAU / USD slows its rebound at the $ 1790 zone and loses steam.
Gold’s rebound hit a barrier at $ 1790. Gold is volatile with a slightly bearish bias. The Gold is trading around $ 1,785, around the same level where it closed on Wednesday. After falling in the Asian session to $ 1,774, the lowest since Monday, there was a significant rebound to the $ 1,790 area, […]
XAU / USD clears gains and falls towards $ 1780
Metals lose momentum and give up winning in the Asian session. XAU / USD reached as high as $ 1,793 before falling back to $ 1,784. The Gold is trading unchanged from Tuesday’s close, in the $ 1785 zone, after failing to hold in positive territory, after rising to $ 1,793, just below Tuesday’s high. […]
Forex Today – Asian Session: The Dollar Keeps Running On Fears
What you need to know on Wednesday, August 18: The dollar rallied on the back of risk aversion, exacerbated by dismal US data. Retail sales in the country fell 1.1% in July, much worse than expected. Stocks tumbled, although government bond yields posted modest intraday declines. Commodity-linked currencies were the worst performers, with AUD / […]
XAU / USD rises for the fifth day in a row and is approaching $ 1800
Gold marks weekly highs near $ 1800. Advance supported by decline in Treasury bond yields. The Gold is rising for the fifth day in a row and reached $ 1,795 an ounce at the start of the European session, the highest level in a week. The price remains testing the highs and looking at $ […]
Forex Today – Asian Session: Fears at the Beginning of the Week
What you need to know on Tuesday, August 17: The dollar posted uneven gains against high-yielding rivals but declined against safe-havens as risk aversion dominated financial markets earlier in the week. Disappointing Chinese data, tensions in the Middle East, the spread of the Delta coronavirus variant in the US, and soft macroeconomic data, were behind […]
XAU / USD Loses Bullish Momentum, Sellers Try to Stay in Control
XAU / USD is going down at the beginning of the week. Gold could extend the downward correction to $ 1,760 in the short term. The 20-day SMA forms the first technical hurdle at $ 1,790. The XAU / USD staged an impressive rebound in the second half of the prior week and managed to […]
XAU / USD accelerates above $ 1770, turns positive for the week
The US dollar falls across the board and the XAU / USD rises. Gold was up $ 100 from Monday’s low. Gold prices They rose more than 1% on Friday, driven by lower US yields and a weaker dollar. XAU / USD is trading at $ 1,774, the highest level in a week. The University […]
XAU / USD soars after US data and surpasses $ 1770
Gold accelerates rise after US consumer confidence data. XAU / USD turns into positive territory for the week, bouncing nearly $ 100 off the floor. The Gold extended the bullish run after the release of US data, which further weakened the greenback. The value of the ounce climbed to $ 1774, reaching highs in one […]
