Gold keeps diving amid geopolitical instability
On Tuesday, gold descended in the face of political instability in Europe, which keeps generating fears of investors around the globe…
Tag - gold
Gold (XAU/USD) could switch the focus to the downside
Gold has been struggling to consolidate above the 200 SMA, following a strong offer zone found in the Fibonacci level of 50% at 1303…
Gold ascends due to diving US dollar
On Thursday, the leading precious commodity managed to leap against in the face of the depreciation of the evergreen buck…
Gold moderately ascends, while keeping to this year’s low
On Tuesday, gold changed insignificantly, keeping close to the minimum of 2018, which was recorded at the last trading session…
Gold is moving in channels
Recommendation: SELL 1311 SL 1326 TP1 1281 TP2 1272 TP3 1250 SELL 1280 SL 1295 TP1 1250 TP2 1244 On the daily chart of USD/XAU, bulls have to break resistance at 1302…
Gold inches down to year’s minimum
On Monday, market participants were selling metals as well as other assets, which are traditionally referred to as "safe havens" due to the weakening fears of a trade conflict between the United States and China…
Weekly Forex Outlook: May 21-25
The week was positive for the greenback. The US dollar index managed to set new highs near $93.50.
Gold heads south on soaring greenback
On Friday, demand for gold slumped in the face of the growth of the evergreen buck…
Gold slumps, approaching a year’s minimum
On Thursday, gold dived, getting back to a minimum since December in the face of the diving American currency as well as the yield of US government bonds…
XAU/USD: gold is at the edge of abyss
Recommendation: SELL 1302 SL 1317 TP1 1276 TP2 1244 TP3 1215 On the daily chart, XAU/USD is finishing a “Widening wedge”…
Gold (XAU/USD) still pointing to post further gains
Gold has been trying to consolidate its price action well above the 200 SMA at H1 chart and we can see that a corrective move could take place towards the Fibonacci level of 50% at 1313…
Gold inches up to a two-week maximum
On Thursday, gold tacked on to a maximum of two weeks after the evergreen buck retreated from its peak in four and a half months…
