Gold declines on dismal US data
On Thursday, gold inched down and then recovered because downbeat American economic data compensated optimism over trade negotiations between America and China…
Tag - gold
GOLD: market to achieve 89 Moving Average
There's a 'Triple Top' pattern, which led to the current consolidation. Also, we've got a bearish 'Thorn', which has been confirmed...
Gold inches down
On Monday, gold went down in Asia due to the fact that the evergreen buck managed to ascend…
Gold goes down as greenback surges
On Friday, gold inched down in Asia notwithstanding resumed China-US tensions…
Gold is intact
The postponed US-China summit as well as weaker estimates for the EU are playing into a decelerating global surge narrative, which could potentially brighten gold bugs' expectations…
XAU/USD: another “Head and Shoulders”
XAU/USD keeps declining after it failed to break above 78.6% Fibonacci retracement in the 1321 area.
Gold heads south ahead of Fed Chair’s remarks
On Wednesday, gold dived due to the fact that traders looked ahead to remarks from Fed Chair Jerome Powell for further clues about the outlook for US monetary policy for the near future…
Weekly Market Outlook: February 4-8
Let’s consider the most important events for the upcoming days.
XAU/USD: time for some correction?
XAU/USD retraced 78.6% Fibonacci of April-August decline.
Yellow metal tops $1,300
On Friday, gold futures managed to shot up above $1,300 an ounce, thus finding themselves on track for a weekly leap because the evergreen buck rebounded and market participants closely watched geopolitical turmoil as well as global surge fears…
Gold dives on a firmer greenback
On Thursday, the yellow metal concluded down, with the number one precious commodity’s short-term prospects linked to a strengthening greenback, although traders closely watch the impact of the partial shutdown of the American cabinet as well as…
Gold futures stand still
On Wednesday, gold was nearly intact in Asia notwithstanding an uptick in uncertainty surrounding the China-US trade negotiations…
