Gold is moving sideways around $ 1,910 on Thursday after a sharp decline. The US dollar maintains its recent strength, DXY gains 0.30%. Gold falls for the second day in a row on Thursday as the US dollar continues to rally. The yellow metal managed to stay above the weekly lows and the $ 1,900 […]
Tag: Oro
XAU / USD plummets to $ 1925
Volatility in gold skyrockets, after falling more than $ 30 from the peak in no time. The dollar regains strength and cuts losses. Gold is falling significantly on Wednesday after reversing the trend from highs in weeks. After rising to the $ 1960 zone, the metal retraced to $ 1924, cutting Monday and Tuesday gains. […]
XAU / USD pulls back after extending rally to $ 1960 zone
Precious metal continues uphill, continuing the end of the year rally. Dollar weakness remains main support for XAU / USD. After a Asian session of volatility and without a clear direction, gold gained momentum in the European one and reached $ 1959, the highest level in nearly two months. In the last hour it undertook […]
XAU / USD Recovers to $ 1,950 as Dollar Falls
Gold consolidates recent gains, remains capped at $ 1,950. DXY under pressure drops below 89.50 to test recent lows. He oro it rallied from the $ 1,940 zone to $ 1,950. The yellow metal rose to $ 1,951 and, at the time of writing, is slightly below $ 1,950, supported by the general weakness of […]
XAU / USD bulls likely to stop near the $ 1,960-65 congestion zone
Gold gained positive traction for the second straight session on Tuesday. The slightly overbought RSI deserves caution before placing new bullish bets. Any pullback can be seen as a buying opportunity and remain limited. He oro It built on overnight bullish breakout momentum through downtrend line resistance and spiked to nearly two-month highs around the […]
XAU / USD at one-month highs, in the $ 1950 zone
Dollar weakness continues to sustain bullish momentum for gold. Monday’s Wall Street crash only paused the metal’s rally. Gold is trading just below $ 1950, at the highest level since early November, after the pullback from Monday’s highs found support at $ 1935. A combination of supporting factors helped limit the pullback and contributed to […]
XAU / USD extends rally above $ 1940
XAU / USD is up more than 2% on Monday. The $ 1900 break appears to have been a key trigger for the recent rally. The XAU / USD opened sharply higher on the first day of 2021 and retained its bullish momentum with the technical breakout that attracted more buyers. At time of writing, […]
XAU / USD Goes On And On, Sets New Highs Above $ 1935
Unstoppable Gold – Up more than $ 30 from Thursday’s close. After limited pullback, XAU / USD picks up again and sets new highs in a month and a half. Gold is up almost 2% in the first session of 2021. The metal is shining, driven by a weak dollar and technical factors. The price […]
The XAU / USD ends 2020 hovering around the $ 1,900 level, with a gain of 22%
Gold has the best year since 2010, up $ 350 or 22%. The XAU / USD continues to test the $ 1,900 level, a critical short-term resistance. Gold is about to end the year on a bullish bias, testing the $ 1,900 barrier, supported by a falling US dollar. It gained 22% for the year […]
XAU / USD held flat below $ 1,900 amid tight liquidity
Gold drew some downside buying near the $ 1,885 region amid the prevailing USD sell bias. The underlying bullish sentiment in the equity markets kept any further gains limited. He oro managed to rally around $ 10 from daily lows and was last seen trading in neutral territory, around the $ 1,895 region. Having faced […]