
In the recent days, the US dollar index reached the highs of July 2017.
In the recent days, the US dollar index reached the highs of July 2017.
On Friday, gold leapt because market participants rushed to safe-have assets…
On the daily chart, XAU/USD is correcting to the long-term uptrend. Bears are trying to form a “Shark” pattern with a target at 113% located at 1183.
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
The main events of the week, fundamental and technical analysis for the key currency pairs and gold…
On Friday, gold declined, while the evergreen buck was nearly intact ahead of the American July job report expected to be unveiled a bit later in the day…
On Thursday, gold headed south after the evergreen buck stabilized after the Fed completed its two-day policy gathering and came up with a positive assessment on the American economy…
On Wednesday, gold moderately declined ahead of the latest monetary policy update from the Fed that could potentially confirm a marathon of higher interest rates, which could back the evergreen buck and dull appetite for gold…
On the daily chart, after XAU/USD had reached 88.6% target of the “Shark” pattern there was a natural pullback. Bears are counting on the decline to the 113% target.
On Monday, metal prices demonstrated mixed performance because gold stood still notwithstanding a sliding evergreen buck ahead of the Fed’s monetary policy decision to be uncovered later this week…
On Thursday, gold sank, keeping to a year’s low…
On Tuesday, gold futures showed muted trade because a soar in global stocks compensated a moderately weaker greenback that capped the traditional safe-haven commodity’s moves…
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