Gold edges down notwithstanding global trade worries
On Tuesday, gold slipped notwithstanding soaring worries as for trade clashes between America as well as other key economies of the world…
Tag - gold
XAU/USD: gold is looking for a bottom
On the daily chart of XAU/USD, the short-term downtrend continues in line with the formation of a “Double top”, AB=CD and a “Widening wedge”.
Gold dives as trade war worries relieve
On Wednesday, gold edged down because the evergreen buck managed to strengthen, while trade tensions relieved…
Gold reaches 6-month minimum on strengthening greenback
On Tuesday, gold kept diving for a second session in a raw in early morning trade, reaching a six-month minimum because the evergreen buck leapt and fears of escalating trade clashes didn’t back the safe haven precious commodity…
XAU/USD: Indians prefer gold
On the daily chart, XAU/USD keeps forming patterns 5-0 and a “Widening wedge”. The pair is moving towards a convergence area of 1,244-1,250 (50% correction of the last long-term bullish wave)…
Trading gold is a hot topic today. What`s the point?
“The desire of gold is not for gold…
Gold edges up on diving greenback
On Monday, gold managed to rally because the evergreen buck sank, while trade worries between China and America backed the precious commodity too…
Gold is set for second weekly dive
On Friday, gold remained close to its lowest value this year because a weaker greenback didn’t manage to stoke appetite for the number one precious commodity…
Gold dives amid strengthening US currency
On Thursday, gold tumbled in the face of a stronger US currency, getting closer to a six-month minimum because the Fed Chair officially confirmed an outlook for higher interest rates in America…
Gold goes down, as greenback stabilizes
On Wednesday, gold went down in the face of a steady greenback as well as firmer stocks…
Gold heads south to year’s low
On Tuesday, gold slumped because worries over a potential trade conflict made traders look for refuge in the greenback, raising a benchmark index for the US currency to its highest value of 2018…
XAU/USD: bears are armed with a wedge
Recommendations: SELL 1290 SL 1305 TP1 1272 TP2 1244 BUY 1300 SL 1285 TP1 1324 TP2 1333 TP3 1349 On the daily chart, XAU/USD formed a “Broadening wedge”…
