The price of gold is under pressure after the US data and before the FOMC meeting. The XAU / USD breaks the short-term support at $ 1,780. The US dollar remains in recent ranges against most of its rivals. The prices of the oro (XAU / USD) they are under pressure on Tuesday following the […]
Tag: Oro
Risk aversion at the beginning of the week
What you need to know to operate this Tuesday, December 14: The major pairs oscillated between gains and losses in a risk-off environment, with the volatility moderate and confined to familiar levels, as market participants wait for the central bank announcements. The US Federal Reserve will announce its monetary policy decision on Wednesday, while the […]
XAU / USD Makes Daily Highs at $ 1791, Then Backtracks
Gold is up but without significant strength on Monday. XAU / USD remains on sideways. Key week with a decision from the Federal Reserve, which can have a high impact. The Gold is rising on Monday albeit at a moderate pace and is still well below $ 1800. After hitting a high since Wednesday at […]
XAU / USD with modest gains, capped below the 100 and 200 day SMAs
Gold gains positive traction for the second day in a row on Monday. The optimistic expectations of the Fed and the renewed strength of the USD limit the rise of the XAU / USD. Investors also seem reluctant ahead of the key central bank meeting. The oro it has built on Friday’s good bounce from […]
Caution amid uncertainty surrounding Omicron and ahead of central bank decisions
This is what you need to know to operate the Friday, December 10: Market sentiment remained sour, amid the uncertainty surrounding Ómicron and as decisions by major central banks approached. According to Reuters and citing sources familiar with the matter, members of the Governing Council of the European Central Bank are converging in a debate […]
XAU / USD dips towards $ 1780 due to resurgent USD demand
Gold remains on the defensive below $ 1,790 amid a broad rebound in the US dollar. Market sentiment wanes as news related to the virus battles geopolitical fears and concerns about the Fed’s rate hike. The US CPI on Friday turns crucial as inflation expectations improve, in focus on locks caused by the virus and […]
XAU / USD Will Rebound Towards $ 1951 January High If Breaks Above $ 1835 – Standard Chartered
Gold has settled below the $ 1800 level after bouncing from $ 1675-1685. However the Yellow metal needs to erode crucial resistance at $ 1835 to enjoy further gains towards January high at $ 1951, as reported by the strategists of Standard Chartered. The difficult thing is to surpass the zone of 1835 $ “In […]
Dollar wilts, gold shines amid optimism around Omicron, focus on BoC
This is what you need to know to trade today Wednesday, December 8: The growing scientific evidence that the new variant of covid Ómicron is less aggressive and therefore could represent a limited risk to the global economic recovery, continues to support market sentiment. Asian stocks followed the Wall Street rally the day before, while […]
Forex Today – Asian Session: Optimism Leads, But Will It Last?
What you need to know on Wednesday, December 8: Markets were more active on Tuesday, with optimism leading the way. The hope that the coronavirus-Omicron variant will be milder and not disrupt the economic recovery sent global stocks higher. However, it is too early to say how things will turn out with the new COVID-19 […]
XAU / USD stable around $ 1780
Gold is moving sideways on Tuesday without major changes. Current range between $ 1775 and $ 1785 contains the price. Optimism in markets plays in favor of the yellow metal, but progress in Treasury yields limits it. The Gold is trading unchanged from Monday’s close, in the $ 1780 zone. The price has not registered […]
