On Thursday, the yellow metal managed to surge, hitting a 6-month maximum due to the fact that a less-hawkish main US bank led to a weaker evergreen buck, thus underpinning the US dollar-denominated precious commodity…
Despite the rate hike by Fed, the comments by the Fed Chair disappointed the market. Learn how the key currencies and gold have been trading against the weak USD today! Read the news!
Find out how to trade the key currency pairs ahead of the Federal Reserve meeting!
On Tuesday, gold was intact because market participants shifted their attention to this week’s Fed Reserve monetary policy gathering…
On the daily chart of XAU/USD, the rebound from the support at 1,239 helped to open long positions.
Like many other financial assets, gold is very sensitive to US interest rates…
Gold is correcting down after its previous advance. The metal is now trading below October high at 1243.35.
On Wednesday, gold managed to leap reaching the best levels of the trading session because data disclosed that American consumer price surge speeded down in November…
On the daily chart of XAU/USD, the correction to the downward middle-term trend continues.
The gold trading is not a very easy topic. However, there are some well-known strategies which can be used to succeed in gold trading.
On Friday, gold headed south…
The price reached the target of the buy trade we recommended on Monday, and now it’s time to reevaluate the situation.
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