Will gold’s downtrend end?
In the recent days, the US dollar index reached the highs of July 2017.
Tag - gold
Gold jumps on safe-haven demand
On Friday, gold leapt because market participants rushed to safe-have assets…
XAU/USD: bears got in a trap
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.
Gold sinks on soaring greenback
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…
Webinar: Weekly Market Outlook
The main events of the week, fundamental and technical analysis for the key currency pairs and gold…
Gold heads south ahead of American July Job report
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…
Gold goes down, as greenback stands still after Fed meeting
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…
Gold edges down as investors wait for Fed policy decision
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…
XAU/USD: gold is lying on the shelf
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.
Metals are mixed notwithstanding sliding greenback
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…
Gold heads south to year’s minimum
On Thursday, gold sank, keeping to a year’s low…
Gold demonstrates muted trade
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…
