Tag - gold

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…

On Wednesday, gold was nearly intact in Asia notwithstanding an uptick in uncertainty surrounding the China-US trade negotiations…

On Tuesday, the yellow metal demonstrated its lowest value for three weeks…

On Monday, gold headed south to its lowest value of the year due to the fact that investor appetite for risk was still firm notwithstanding data disclosing that China's 2018 economic surge speeded down to a near three-decade minimum…

After the bullish end of the year, the yellow metal has stuck in the range bound market. Let’s find out the fundamental reasons behind it and determine the key levels on the chart.

The trade talks between the US and China are still the main topics for the market. That is why it is recommended to trade USD/JPY and Gold on the market sentiment.

The downside correction is long due in XAU/USD. Gold is stuck ahead of resistance at 1298.50.

Britain’s economic and political issues along with a no-confidence vote on Prime Minister Theresa May following her unsuccessful Brexit deal vote gave gold traders a hope of getting back to maximums of above $1,300 an ounce…

On Tuesday, gold managed to gain a bit due to the fact that the first dive in factory gate inflation for four months backed the argument that the major US bank should suspend monetary policy tightening and traders looked ahead to a bunch of remarks from…

On Thursday, gold was intact due to the fact that market participants waited for comments from Fed Chair Jerome Powell in the face of hopes that the head of the US key financial institution is going to reaffirm a pause in the US monetary policy…

Gold is at the upper Bollinger band and 50-week MA went below 100-week MA.

On Monday, the yellow metal surged, concluding at the psychologically crucial $1,300 level due to the fact that the evergreen buck was impacted by hopes that the key US financial institution would stop its rate-lifting cycle for the year, thus raising…