Tag - gold

Gold dives, testing $1,200
Gold dives, testing $1,200

On Tuesday, gold slumped below a psychologically crucial value of $1,200 because the number one precious commodity extended an everlasting losing marathon into September, which has been mainly powered by strength in the evergreen buck…

Gold jumps on US holiday
Gold jumps on US holiday

On Monday, gold managed to surge a bit in the face of thin trade with Canadian and American financial markets unavailable due to Labor Day holidays…

Gold is backed by wavering greenback
Gold is backed by wavering greenback

On Tuesday, gold managed to stabilize because the evergreen buck kept to a one-month minimum after the preliminary trade pact announced on Monday between Mexico and the United States— a development, which generally backed riskier markets, although did…

XAU/USD: gold is attacking
XAU/USD: gold is attacking

XAU/USD keeps trying to reach 161.8% and 200% targets of “Crab” and AB=CD. To enter a long position, use the “Three touches” strategy.

Can gold hope for the rally?
Can gold hope for the rally?

At the end of the previous week, gold rose the most in five months after the Fed’s chairman Mr. Powell gave a dovish speech at the Jackson Hole Symposium.

Gold dives, staying below major $1,200 line
Gold dives, staying below major $1,200 line

On Thursday, gold rebounded, slumping below $1,200 Thursday, shrugging off the slight boost obtained after a worrying note on trade clashes found within the Fed’s mostly status quo policy gathering minutes…

Gold ascends on diving greenback
Gold ascends on diving greenback

On Tuesday, gold managed to jump because the evergreen buck dipped after Donald Trump told he strongly dislikes the Fed’s intention to have rates increased…

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