Tag - gold

Gold managed to rally yesterday on the back of the US inflation data which posted the highest reading since the 2008 financial crisis,

While traders wait for the US inflation figures due on Thursday, EUR/USD, GBP/USD, USD/JPY, and XAU/USD are ruled by support and resistance levels.

The US inflation will come out today at 15:30 GMT+3. Traders can’t wait to see the numbers as they will impact all the pairs with the USD!

Latest Forex news and fresh technical analysis! Watch the video to get trade ideas for EUR/USD, GBP/USD, USD/CAD, and XAU/USD!

The greatest sale of Bitcoin continues! It has approached the psychological mark of $30,000. The traders’ focus remains on Thursday’s report on US inflation.

While traders wait for the US inflation figures due on Thursday, EUR/USD, GBP/USD, USD/JPY, and XAU/USD are ruled by support and resistance levels…

Gold managed to bounce back right after the US Jobs Report on Friday and closed the week near $1900 resistance. Gold continues to benefit from inflation expectations. Yet, such rebound is unlikely to be sustainable.

Don’t expect to relax after a super volatile previous week! The market is getting ready for yet another roller-coaster!

Gold has declined but then reached support. What's next?

The US dollar rose on Thursday after America released a strong ADP employment report and better-than-expected unemployment claims…

Gold regained above $1900/Oz during yesterday’s trading, reaching as high as $1910 but it failed to sustain these gains during the Asian session today, leading to another leg lower back below $1900/Oz.

As warned over the past few days, gold is not in a position to keep on rising. Yesterday gold managed to rise all the way to $1,916.