Gold slips, as greenback soars
On Thursday, gold gained due to the fact that the evergreen buck managed to head north on upbeat private payroll data…
Tag - gold
Gold goes up, as risk appetite recedes, greenback jumps
On Tuesday, gold rallied because risk appetite receded after getting a boost from a pact between Canada and America on Sunday, which saved the North American Free Trade Agreement…
Gold dives to 6-week minimum
In the first day of October gold prices declined after bullion concluded August with a sixth monthly loss in a row…
Gold tacks on, as greenback jumps
On Friday, gold jumped a bit, while still keeping to a six-week minimum because the evergreen buck kept soaring due to the Fed’s recent interest rate lift as well as firm economic data…
Gold dives below $1200
On Thursday, gold declined below the psychologically crucial $1,200 mark gaining minor support after the key US bank had interest rates lifted and added that it’s on the verge of proceeding with its monetary tightening into 2019…
Gold jumps a bit, as greenback gains little traction ahead of Fed verdict
On Tuesday, gold rallied a bit because the evergreen buck slumped ahead of what’s widely anticipated to be the Fed’s third interest-rate lift of 2018 this week…
Gold is about to choose direction
On the daily chart, XAU/USD keeps consolidating in the 1188-1213 range.
Gold leaps ahead of anticipated Fed rate lift
On Monday, gold managed to ascend from one-week minimums in subdued Monday trade due to the fact that market participants waited for what’s widely anticipated to be the Fed’s third interest-rate lift of 2018 this week…
Gold will continue to consolidate
On the daily chart, we expect the price of gold to fluctuate sideways within the Symmetrical Triangle with resistance and support marked by the blue line.
Gold moves down
On Friday, gold declined, simultaneously trying to preserve its weekly profits because the USD index jumped, offsetting its abrupt weekly dive…
Gold goes down notwithstanding weakening greenback
On Thursday, gold declined notwithstanding a weakening evergreen buck in the face of ebbing trade fears, as market participants waited for economic data later in the trading session and also looked ahead to the Fed’s policy gathering next week…
What are the scenarios for gold?
On the daily chart, XAU/USD is consolidating in the 1185-1210 range. A break of its upper border will trigger a “Crab” with a 161.8% target.
