$XAU #Gold #Commodities #FX #Trading #Markets #Affiliate Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1828.58 Gold News Gold bulls might be in for a run higher. Gold has been a shining light, with price closing above the 5-day EMA for the first time since 11 November. The question is whether we can push into $1,848 and the former […]
$XAU #Gold #Commodities #FX #Trading #Markets #Affiliate Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1814.01 Gold News Gold and silver futures prices are sharply up in midday U.S. trading Tuesday. Heavy short covering in the futures market and perceived bargain buying in the cash market are featured today, following recent solid losses that pushed gold to a five-month low and silver […]
$XAU #Gold #Commodities #FX #Trading #Markets #Affiliate Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1783.71 Gold News From a technical perspective, the triangle formed at the highs appears at the end of complex corrections. It means that there is more room to the downside if we consider only the measured move projected from the lower edge of the […]
$XAU #Gold #Commodities #FX #Trading #Markets #Affiliate Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1810.31 Gold News The recent stall in prices meets the technical expectations of the measured move from the bearish flag. It has to take a break below this support level to bring in new downside targets at 1788.90 and 1762.51 into the future. As […]
$XAU #Gold #Commodities #FX #Trading #Markets #Affiliate Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1807.41 Gold News Gold is a solid choice for investors needing liquidity and market depth, but it comes at the cost of a higher expense ratio. Gold’s short-term technical picture is bearish; however, fundamentals are suggesting higher prices. GLD’s outperformance versus the market is […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1835.76 Gold News Turning to the daily chart, we see that gold price is close to forming a double bottom pattern at $1,847. Also, the price is forming a bearish descending triangle pattern that is shown in red. It is also slightly below the […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1872.56 Gold News The combination of the prospects for a vaccine and that Shelton looks unlikely to join the Fed sent gold down for a second consecutive week and the first back-to-back weekly loss in three months. Support was found a little above […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1862.01 Technical Indicators Overall, the bias in prices is: Downwards. The projected upper bound is: 1,923.90. The projected lower bound is: 1,797.55. The projected closing price is: 1,860.73. Candlesticks A black body occurred (because prices closed lower than they opened).During the past […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1869.11 Gold News Gold prices are climbing back to $US1,900 per ounce on a weaker US dollar but reports of progress in developing a COVID-19 vaccine is sapping further gains for the yellow metal. In Wednesday trade, gold was sitting at $US1,881 […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1879.18 Gold News For the first time since January 2020, the 50-day moving average (green line) crossed below the 100-day moving average (magenta line), illustrated on today’s chart labelled as “C”. This is commonly referred to as a death cross. Most frequently […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1889.00 Gold News A rally in the stock market does not mean investors have forgotten their fear, which is why “gold’s story is not over yet. After a precipitous vaccine news-driven decline, gold’s current price levels still leave unanswered questions. Despite seemingly […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1894.04 Technical Indicators Overall, the bias in prices is: Sideways. The projected upper bound is: 1,958.32. The projected lower bound is: 1,830.76. The projected closing price is: 1,894.54. Candlesticks A white body occurred (because prices closed higher than they opened).During the past […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1876.90 Technical Indicators Overall, the bias in prices is: Downwards. The projected upper bound is: 1,938.98. The projected lower bound is: 1,812.06. The projected closing price is: 1,875.52. Candlesticks A white body occurred (because prices closed higher than they opened).During the past […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1870.46 Technical Indicators Overall, the bias in prices is: Downwards. The projected upper bound is: 1,932.23. The projected lower bound is: 1,805.60. The projected closing price is: 1,868.91. Candlesticks A white body occurred (because prices closed higher than they opened).During the past […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Don’t Forget to Sign Up for The Best Online Trading Platform GoldTicker: XAU=Price: $1875.40 Gold News Gold futures prices are posting decent gains Tuesday morning, following the strong losses posted Monday. The precious metals bulls are now trying to steady their markets and working to prevent more serious chart damage from being […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Don’t Forget to Sign Up for The Best Online Trading Platform GoldTicker: XAU=Price: $1870.34 Gold News See on the daily bar chart for December Comex gold futures that Monday’s big losses have pushed the yellow metal back into the bottom portion of the recent sideways trading range – after prices hit a seven-week high […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Don’t Forget to Sign Up for The Best Online Trading Platform GoldTicker: XAU=Price: $1951.51 Technical Indicators Overall, the bias in prices is: Upwards. The projected upper bound is: 2,002.96. The projected lower bound is: 1,899.54. The projected closing price is: 1,951.25. Candlesticks A white body occurred (because prices closed higher than they […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Don’t Forget to Sign Up for The Best Online Trading Platform GoldTicker: XAU=Price: $1941.56 Gold Outlook There’s nothing that markets like more than clarity and certainty, which 2020 has been short of in many ways. It’s hard to imagine a case in which the gold price wouldn’t continue moving upward. A Biden […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Don’t Forget to Sign Up for The Best Online Trading Platform GoldTicker: XAU=Price: $1912.54 Gold Outlook Any declines will be short-lived, prices to move higher in the months ahead. Trade with Confidence with Knightsbridge Live The US dollar has been weak for most of Donald Trump’s presidency. Tax cuts, a bigger deficit […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Don’t Forget to Sign Up for The Best Online Trading Platform GoldTicker: XAU=Price: $1899.69 Gold Outlook The election result, when we get it, is likely to be gold-friendly with a likely weakening dollar, fresh stimulus, rates in negative territory and a likelihood that the Fed will start buying longer term assets Trade […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Don’t Forget to Sign Up for The Best Online Trading Platform GoldTicker: XAU=Price: $1881.61 Gold Outlook Commodity prices traded lower in the week gone by with crude oil prices falling the most at more than 10 percent while Natural gas rallied by nearly 12 percent on strong winter demand. Base metals traded under pressure on […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock Don’t Forget to Sign Up for The Best Online Trading Platform GoldTicker: XAU=Price: $1875.76 Gold Outlook Gold prices remain under pressure as the U.S. economy saw a sharper than expected recovery in the third quarter, according to preliminary data. Thursday, the U.S. Commerce Department said that the advance estimate of […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock The Best Online Trading Platform GoldTicker: XAU=Price: $1877.10 Gold Outlook Gold prices slipped in early trade in the domestic futures market on October 28 tracking trends of the international markets. Gold prices eased in international markets after the dollar gained some strength against its peers as the hopes […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock The Best Online Trading Platform GoldTicker: XAU=Price: $1907.96 Gold Outlook US investment bank JP Morgan said in a note that cryptocurrencies are competing more intensely with gold for investor attention, particularly among younger age groups. “Cryptocurrencies derive value not only because they serve as stores of wealth, but also due […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock The Best Online Trading Platform GoldTicker: XAU=Price: $1908.98 Gold Outlook Gold traders remained focused on the chances of an agreement on a stimulus package as November’s election fast approaches. US House Speaker Nancy Pelosi said she is not giving up on passing another coronavirus relief economic package before […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock The Best Online Trading Platform GoldTicker: XAU=Price: $1898.11 Technical Indicators Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1,898.13. The projected upper bound is: 1,954.87. The projected lower bound is: 1,837.52. The projected closing price is: 1,896.20. Candlesticks A […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock The Best Online Trading Platform GoldTicker: XAU=Price: $1913.29 Gold News All the ingredients are in place to support higher long-term gold prices. Technically, December gold futures bulls have the overall near-term technical advantage and they are working on restarting a price uptrend on the daily bar chart. Bulls’ next […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock The Best Online Trading Platform GoldTicker: XAU=Price: $1918.89 Gold News Gold closed the previous 4 hours up 0.11% ($2.12); this denotes the 2nd consecutive candle an increase has occurred. Those trading within the metals asset class should know that Gold was the worst performer in the class the current […]
$XAU #Gold #Commodities #FX #Trading #Markets #Metastock The Best Online Trading Platform GoldTicker: XAU=Price: $1900.10 Gold News Gold and silver futures prices are higher in early U.S. trading Monday. Support comes from a weaker U.S. dollar index to start the trading week. The charts remain overall friendly and that is also inviting some bulls to the buy side. December gold futures were […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1909.31 Gold News The precious metal has moved into a holding pattern, staying afloat above 1900 and 1911.50. This marks the key support/resistance level for gold over the past few months. Price action has formed an ascending triangle pattern. However, this is yet to be validated. If […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1893.18 Gold News Gold and silver futures prices are moderately higher but off their session highs in midday U.S. trading Wednesday. Bullish traders stepped in to buy Tuesday’s sharp dip in prices. A weaker U.S. dollar index at mid-week also aided the precious metals market bulls. December gold futures were last up $10.80 at […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1893.18 Gold News Gold and silver futures prices are moderately higher but off their session highs in midday U.S. trading Wednesday. Bullish traders stepped in to buy Tuesday’s sharp dip in prices. A weaker U.S. dollar index at mid-week also aided the precious metals market bulls. December gold futures were last up $10.80 at […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1894.23 Gold News Gold prices continue to struggle for direction as consumer inflation pressures rose in line with expectations, September. Tuesday, the U.S. Labor Department said its U.S. Consumer Price Index rose 0.2% last month, after a 0.4% rise in August. The data in line with consensus […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1908.66 Gold News Gold futures prices are higher in early U.S. trading Thursday. Once again, the two metals are choosing to behave like a commodity market and are following the overnight gains in global equities markets, led by the U.S. It appears gold and silver traders reckon rallying […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1886.06 Technical Indicators Overall, the bias in prices is: Sideways. The projected upper bound is: 1,965.11. The projected lower bound is: 1,803.71. The projected closing price is: 1,884.41. Candlesticks A black body occurred (because prices closed lower than they opened).During the past 10 bars, there have been […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1911.54 Gold News For weeks the metals, equities and other markets have created many challenges for traders. While the trends have been established, follow-through has not been there. In other words, most markets are consolidating as they prepare for the next big move. What is clear one […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1898.70 Gold News Gold had its worst week since March, falling some 4.6 percent from the previous Friday, as the U.S. dollar staged a rally against the euro. The price of bullion closed below $1,900 an ounce last Wednesday for the first time since July 23 and […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1905.04 Gold News Gold is unlikely to end its bull market any time soon, according to Commerzbank. “In our opinion, the gold price is a long way from ending its upswing. The problems we currently face are simply too manifold: be it the rapidly rising national debt […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1888.22 Gold News Gold futures finished lower for Wednesday’s session, contributing a loss for the month as prices responded to a strengthening U.S. dollar that was been weighing on commodity prices. The bullion, however, tallied an eighth straight quarterly gain, buoyed by haven demand for the precious […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1893.71 Gold News Gold prices remain in striking distance of $1,900 an ounce even as confidence among U.S. consumers rose more than expected in September. Tuesday, the U.S. Conference Board said that its consumer confidence index rose to 101.8 in September, up from August’s revised reading of […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1885.55 Gold News Gold prices are moderately higher to begin the week, as the weekend break seems to have given global investors time to shake off some of last week’s doom and gloom, reflected in a mild rebound in risk appetite since markets reopened yesterday evening. Equity […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1863.75 Gold News Gold futures declined on Friday, to post a loss of nearly 5% for the week—the largest weekly percentage loss since mid-March. Gold traders have had significant losses on the precious metal to the strength in the U.S. dollar this week. What we know: Gold futures […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1863.25 Gold News The bearish pressure on gold prices managed to bring the price down to reach the $1,850 support level. We have a bullish reaction from the support level but gold might continue to stick near the level until the end of the week. The precious […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1857.89 Gold News Gold and silver prices are lower in the early U.S. trading Wednesday. Gold hit a six-week low and silver fell to a seven-week low. Silver has seen its near-term price uptrend (on the daily chart) negated this week and gold is in serious danger of seeing its […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1899.28 Gold News The gold market’s long-term technical outlook remains in tack, but the market after hitting an exhaustion area above $2,000 an ounce and is due for a correction, according to one market analyst. Although the $1,900 level has proven to be sticky, as long as gold prices […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1916.77 Gold News Gold prices tumbled Monday morning, falling below $1,900 an ounce as stocks sold off across the board. And, according to Credit Suisse, there is a chance that gold’s plunge is not over until a low of $1,765 an ounce is hit. The technical level […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1949.69 Technical Indicators Overall, the bias in prices is: Upwards. The projected upper bound is: 2,031.80. The projected lower bound is: 1,873.65. The projected closing price is: 1,952.72. Candlesticks A white body occurred (because prices closed higher than they opened).During the past 10 bars, there have been […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1953.34 Outlook Gold prices are set to spring higher after more than a month of moving sideways, according to one analyst. Drivers include a positive technical backdrop and the likelihood of sustained low interest rates in the world’s largest economies that may prompt investors to seek better returns […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1939.74 Outlook Though it was stated clear during the previous meetings and the Jackson Hole conference that the Federal Reserve is not willing to cut rates, current economic state and outlooks announced by Mr. Jerome Powell will play a significant role in the valuation of the US […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1956.32 Outlook Gold prices edged higher continued to grind upward as the dollar moved lower along with US yields. The Euro continued to climb as the ECB has given the go ahead to speculate on its upward climb. US import price increased more than expected helping to […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1964.66 Outlook Gold is looking to outperform silver into year-end, according to Bloomberg Intelligence, which is not ruling out $4,000 gold by 2023, noting that the gold bull rally is just beginning. After breaking $2,000 an ounce level, gold has been stuck in a trading range between $1,930 […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1939.66 Outlook As COVID-19 uncertainty drives the price of gold higher, the precious metal has solidified its reputation as a “safe haven” stock. Yet, after gold hit its all-time high of more than US$2070 per ounce (roughly A$2847.08) in early August, the spot price of the metal […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1928.36 Outlook Gold futures closed lower at the last trading session. Gold futures prices closed at $1,934.30, recording losses of 0.2%. The price decline in the safe-haven asset was triggered by an impressive US jobs report seen as “a positive sign for the world’s largest economy” and the unemployment […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1927.11 Outlook Gold futures closed lower at the last trading session. Gold futures prices closed at $1,934.30, recording losses of 0.2%. The price decline in the safe-haven asset was triggered by an impressive US jobs report seen as “a positive sign for the world’s largest economy” and the unemployment […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1939.90 Outlook Gold futures fell Thursday to settle at their lowest level in a week, as some traders look to the precious metal to cover losses in other assets on the heels of a drop in U.S. benchmark stock indexes. U.S. stock indexes traded sharply lower, poised […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1944.17 Outlook Jerome Powell’s hawkishness at last week’s Jackson Hole Symposium created doubts in gold investors’ minds, sending the yellow metal to trade sideways for the last few days. Volatility for gold presents an opportunity to buy on the dips, said Shayne Heffernan, CEO and Founder of […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1971.951 Outlook Gold and silver prices are solidly up in early U.S. trading Tuesday, boosted in part by a wilting U.S. dollar index that overnight hit another two-year low. Both metals see their chart postures as fully bullish, which continues to invite technical buyers. October gold futures were last up $17.10 at […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1968.61 Outlook Technically, the gold bulls still have the firm overall near-term technical advantage, amid recent choppy trading. Prices are still in an uptrend on the daily bar chart. Bulls’ next upside price objective is to produce a close in October futures above solid resistance at $2,000.00. […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1943.35 Outlook The gold rally is taking a breather with buyers and sellers playing the range game as gold bounces between $1,920 and $2,000 an ounce for the past two weeks. Going forward, the new all-time highs are unlikely until gold tests this level on the downside. […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1930.88 Outlook Gold is consolidating ahead of the Federal Reserve Chair Jerome Powell’s keynote address at the virtual Jackson Hole Symposium on Thursday, says TD Securities. It is highly likely that Powell “pre-announce[s] the outcome of the Monetary Policy Framework Review, which suggests the formal adoption of […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $1930.88 Outlook Despite the recent run-up in gold prices, we believe gold remains attractively valued – one might even say cheap – in the context of historically low real interest rates. The key risk is that real interest rates rise, making gold relatively less attractive. At current […]
$XAU #Gold #Commodities #FX #Trading #Markets GoldTicker: XAU=Price: $2004.04 Outlook Gold markets tend to be very volatile, and can be all over the place on certain headlines. Nonetheless, there is no reason to short this market, as both the fundamental and technical analysis line up for higher pricing given enough time. I believe that gold […]
$XAU #Gold #Commodities #Trading #FX #Markets GoldTicker: XAU=Price: $2004.8195 News The gold rally still has some ways to go despite its recent stumble. We think gold’s run … hasn’t quite finished yet. It comes back to interest rates. One of the best explanations of why gold has surged the way it has through this year […]
$XAU #Gold #Commodities #Trading #FX #Markets GoldTicker: XAU=Price: $1955.91 News Gold headed for back-to-back gains following wild swings as investors weighed the outlook for the metal’s record-setting rally – by tracking moves in bond yields, a weaker dollar, as well as an uptick in risk appetite. Spot bullion climbed, while futures were little changed. This […]
$XAU#Gold #Price #Commodities #Trading #Inflation The price of gold may rise further amid uncertainty over rising inflation and mass buy-ups by the world’s large gold funds. Gold futures on Thursday extended a record rally to a fifth straight day, with a muted U.S. dollar and lackluster moves in equities supporting bullion’s ascent to near $2,100. […]
$XAU #Gold #FX #Trading #Commodities #Markets Gold and silver prices are again sharply higher in midday U.S. trading Wednesday. Gold prices have pushed to an almost nine-year high, while silver is strongly up again today and hit a 6.5-year high. The feature in the global marketplace at mid-week is the gold and silver markets. Gold […]
$XAU #Gold #FX #Commodities #Markets #Trading The rally in the gold price regained momentum on Monday as investors continue to pile into hard assets amid a flood of easy money on financial markets in the developed world and expectations of a prolonged period of ultra-low interest rates and currency debasement. Gold for delivery in August, […]
$XAU #Gold #FX #Commodities #Currencies #Markets #Trading Gold futures rebounded from early session weakness on Friday to close higher for the session. The two-sided price action was generated as fears over business disruptions due to another record-breaking rise in COVID-19 cases at home drove up the possibility of additional fiscal and monetary stimulus. Traders were […]
$XAU #Gold #Markets #Commodities Gold prices moved higher on Wednesday and closed at fresh 8-years highs, despite a better than expected United States industrial production report. The dollar moved lower but settled off session lows which paved the way for higher gold prices. United States yields were mixed, as the curve flattened with the 2-year […]
$XAU #Gold #Trading #PerfectTiming #ShayneHeffernan A “perfect storm” of surging government debt levels, plunging real bond yields, rising coronavirus cases and deteriorating economic forecasts pushed the value of gold to an eight-year high last week, and Shayne Heffernan, Founder and CEO of HEFFX currently project the metal to top its all-time high within the following […]
Gold 1 OZ (XAU=X) Accumulate on Dips The gold market is seeing some stability at the start of the new trading week as prices attempt to recover from Friday’s roughly 3% selloff. August gold futures last traded at $1,689.50 an oz, up 0.39% on the day. The precious metal took a big hit Friday. It […]
Gold 1 OZ (XAU=X) Capped by Increasing Demand For Riskier Assets Gold futures finished slightly lower last week with gains probably capped by increasing demand for risky assets. serving to to underpin the precious metal was a weaker U.S. Dollar. I saw no evidence of “safe-haven” demand which is an illusion anyway. The direction of […]
European shares close to 11-week high U.S. stock futures clear 3,000 level U.S. consumer confidence data due at 1400 GMT Gold prices edged lower on Tuesday as hopes of economic recovery lifted share markets with several countries easing coronavirus-driven lockdowns, although Sino-U.S. tensions over Hong Kong limited bullion’s losses. Spot gold XAU= slipped 0.1% to […]
Gold 1 OZ (XAU=X) A Likely Slower Grind Higher The current gold bull market started in December 2018 and hit its growth spurt a year ago, in May 2019. Spot and futures prices have rallied 30-35% since that time, to the ~US$1,700/oz range, as the COVID-19 shock brought forward constructive gold market themes that were already […]
Should I invest in Gold 1 OZ (XAU=X)? The price of gold has risen 20% year-to-date. Economic anxiety is running deep and financial systems are exceedingly fragile. This is boosting the price of gold to be the safe-haven asset to own. When the stock market crashed in March, the gold price also fell. This surprised […]
Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 800 B.C., and the first pure gold coins were struck during the rein of King Croesus of Lydia about […]
Gold 1 OZ (XAU=X) Not Even Close to Full Picture Gold, one of the few commodities to have performed well, so far, this year, is showing signs of exhaustion amid lack of fresh triggers. If we look at spot gold, it has moved in a narrow range (high-low gap) of about $20 in last few […]
Gold price high but miners say limited by COVID-19 Gold posted a two-sided trade last week before finishing higher. Selling pressure early in the week drove the market through the previous week’s low, but the comeback rally later in the week placed the market slightly below its seven year high at $1788.80. Short-term, the gold […]
Gold 1 OZ (XAU=X) Investors Aiming for Gold Gold edged lower on Thursday as investors booked profits from sharp gains in the previous session, but prices held above the $1,700 an ounce level on the promise of more U.S. stimulus measures to ease the economic blow from the coronavirus crisis. Shayne Heffernan Trade Idea “As […]
Gold 1 OZ (XAU=X) jumps as oil prices slump Gold climbed as much as 1 per cent overnight after earlier hitting a more than one-week low, with the collapse of US crude oil prices to a record low hitting risk assets and driving investors to the safety of bullion. Spot gold gained 0.5 per cent […]
Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums Gold prices fell to a more than one-week low on Monday as the dollar firmed and as investors remained optimistic that the U.S. economy might reopen soon from lockdowns that were enforced to contain the novel coronavirus’ spread. Shayne Heffernan Trade Idea […]
Gold 1 OZ (XAU=X) entering a new era of zero interest rate and devaluing currencies Gold futures gave up earlier gains to end lower on Thursday, pressured as the U.S. dollar strengthened in the wake of a surge in weekly U.S. jobless claims, which underlined the rapid deterioration in the economy from the COVID-19 pandemic. […]
Gold 1 OZ (XAU=X) Prices Up as COVID-19 Economic Costs Rise Gold prices were up in Asia on Thursday as investors continue to calculate the economic damage from the COVID-19 pandemic. Gold futures were up by 0.33% at $1,745.70 by 9:37 PM ET (2:37 AM GMT) as the yellow metal attempted to claw back its losses from the previous session. Companies reported dismal numbers during what is turning out to be […]
Gold 1 OZ (XAU=X) climbs to over 7-year high on coronavirus-led economic worries A slump in China’s exports is expected to have extended into March while a collapse in oil price likely deepened a decline in imports, a Reuters poll showed, as the virus cripples the global economy and overall demand. The U.S. Congress struggled […]
Gold 1 OZ (XAU=X) Scarcity Versus the Fed’s Printing Press Gold futures hit a seven-year high on Thursday as another week of massive filings for unemployment benefits and widespread measures by the U.S. Federal Reserve to reinforce the economy strengthened demand for the precious metal as an investment. The Fed announced as much as $2.3 […]
Gold 1 OZ (XAU=X) one of the safe havens during this pandemic and beyond Gold markets have been relatively quiet during the trading session on Wednesday after peeking through the $1700 level on Tuesday. By given back gains the way the market has, it ended up forming the shooting star during the Tuesday session which in […]
Analysts forecast the Gold 1 OZ (XAU=X) to hit $1900 an ounce in weeks Gold futures rallied for the fifth consecutive day, surging above $1,700 an ounce to the highest since 2012, underpinned by ample liquidity in the wake of massive economic stimulus packages initiated worldwide to contain coronavirus epidemic as precious metals analysts forecast […]
Gold 1 OZ (XAU=X) likely to be determined by trader reaction to the downtrending Gann angle at $1667.80 Gold futures are trading at their highest level since March 26 shortly after the regular session opening on Monday. The move is being fueled by concerns over a global recession caused by the coronavirus pandemic. A relatively […]
Gold 1 OZ (XAU=X) could face additional selling pressure if employment data sours sentiment Gold prices could suffer after the minutes from the Federal Reserve’s emergency meeting on March 15 are released. That day, Chairman Jerome Powell announced that the central bank cut itstarget range for its benchmark Fed Funds interest rate to 0.00-0.25 percent. […]
Gold 1 OZ (XAU=X) Markets Gap And Go On Thursday Gold markets gapped to open up the session on Thursday and then shot straight up in the air. We reached towards the top of the bearish candle from Tuesday, but then pulled back slightly midday. Ultimately, this is a market that is probably being used for […]
Gold 1 OZ (XAU=X) gains as virus-led economic concerns boost safety buying Gold prices firmed on Wednesday as investors sought safe-haven assets after sombre U.S. economic data exacerbated fears of an economic downturn amid increasing global restrictions and lockdowns to combat the coronavirus pandemic. Spot gold was up 0.9% at $1,585.08 an ounce by 11:02 […]
Gold 1 OZ (XAU=X) continue to form a bullish pendant pattern Gold prices moved lower for a second consecutive trading session and continue to form a bullish pendant pattern which is a consolidation pattern that eventually refreshes higher. This follows a large surge in prices last week. Riskier assets traction on Monday recapturing the losses […]
Gold 1 OZ (XAU=X) Prices Expected to Edge Up Gold prices edged up on Monday as the U.S dollar hovered near a two-week low touched in the previous session, while coronavirus lockdowns tightened across the world and stoked fears of economic damage, lifting demand for safe-haven bullion Spot gold was up 0.3% at $1,621.85 per ounce, as […]
Gold 1 OZ (XAU=X) Higher as Buyers Bet on More Stimulus after Dismal Job Loss Report Gold futures are trading higher late in the session on Thursday after a record surge in U.S. jobless claims weakened the U.S. Dollar and drove up the odds of further government stimulus to combat the devastating effects of the […]
Gold 1 OZ (XAU=X) Markets Test Highs Again But Fail Gold markets have initially tried to rally during the trading session on Wednesday but found trouble at the $1700 level again. By pulling back from there it shows just how resistive that area is, and perhaps more importantly for the future, what breaking above that level […]
Gold 1 OZ (XAU=X) Markets Spiked Again Gold markets have shot straight up in the air on Tuesday, reaching towards the $17 level. The size of the candle is quite impressive, and it does suggest that perhaps demand for gold is starting to pick up again quite drastically, but one thing that is worth paying attention […]
Gold 1 OZ (XAU=X) Markets Continue to Consolidate Gold markets gapped higher during the trading session on Monday to kick off the week, turned around to fall below the 200 day EMA and fill that gap again, only to turn around and rally furthermore. That’s not a huge surprise considering that there is so much in […]
Gold 1 OZ (XAU=X) Could Be Building Support Base at Long-Term Retracement Zone Gold futures edged higher on Friday as selling eased in the global equity markets and demand for the U.S. Dollar softened. Despite the small uptick in prices, gold finished lower for the week as investors sold the precious metal to raise cash […]
Gold 1 OZ (XAU=X) Will Rally Once Stocks Stabilize Gold futures are trading flat-to-lower shortly after the regular session opening on Thursday. The price action suggests investor indecision and impending volatility. The market has been highly correlated with stocks this week, and this relationship appears to be continuing today. Rising Treasury yields and a stronger […]
Gold 1 OZ (XAU=X) showing signs of stability just above the 200 day EMA Gold markets have suffered as of late, but the last couple of days have been going back and forth in order to perhaps show signs of stability just above the 200 day EMA which of course is a widely followed indicator. That […]