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Tag: Oro

XAU / USD under pressure, holding above $ 1,900

XAU / USD under pressure, holding above $ 1,900

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 […]

XAU / USD pulls back after extending rally to $ 1960 zone

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

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

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

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 Goes On And On, Sets New Highs Above $ 1935

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%

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

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 […]