Tag - gold

Risk-off is back. All eyes on the US data.
Risk-off is back. All eyes on the US data.

The market sentiment deteriorated as the USA and some other countries are suffering from the new virus resurgence. Investors worry that the economic reopening may be delayed.

XAU/USD at the new highs
XAU/USD at the new highs

XAU/USD rose to the highest levels since 2012. The advance has become stretched and the price may try to correct down.

June 24: mixed with optimism
June 24: mixed with optimism

The USD lost it's value across the board as the market got risk-on mood back; at the same time, gold climbed to $1,770 paving the way to $1,800.

June 22: gold passed 1750
June 22: gold passed 1750

The market sentiment is mixed. New cases of coronavirus decreased in China, but they surged in the USA. Also, US-China tensions weigh on the trading sentiment.

Weekly Market Outlook: June 22-26
Weekly Market Outlook: June 22-26

While economies restore capacities, the market is now a hostage of second-wave virus fears. How to use such an environment to make profits?

June 17: cautious optimism
June 17: cautious optimism

The market's sentiment is generally neutral and indecisive, although still positive and inclined to risk.

June 16: risk is back
June 16: risk is back

The risky mood is getting back in the Forex market pushing the risky currencies in line with the USD/JPY upwards.

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