Tag - gold

Gold slips, as greenback soars
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…

Gold dives to 6-week minimum
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
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
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 leaps ahead of anticipated Fed rate lift
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
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
Gold moves down

On Friday, gold declined, simultaneously trying to preserve its weekly profits because the USD index jumped, offsetting its abrupt weekly dive…

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