Tag Archives: Gold

Gold tumbles to $1890 and then rebounds more than $20. Volatility is set to remain high amid news from Ukraine and sharp moves in the Treasury market. Bearish bias prevails in XUA/USD, more losses seen on a consolidation under $1900.Gold is having another volatile session on Tuesday. Price dropped sharply …

As pointed out by Mohamed Hashad, Director of Research and Development Department at Noor Capital, in this morning’s report, The safe-haven yellow metal fell strongly after positive news regarding the progress of negotiations between Russia and Ukraine. As a result, the yellow metal gave up the levels of 1900 dollars …

Gold prices declined noticeably within the expected bearish path, touching the main target at 1925, recording its lowest level in 1917, after finding a solid level around 1960. On the technical side, today, with the return of the simple moving averages, pressure on the price from above, supporting the bearish …

The gold price is down on the day, losing around 1.9% as the US stock market rises later in the day for a positive close in hopes of a breakthrough in peace talks surrounding the Ukraine crisis. The market mood was sour, helping the American dollar to end the day …

Gold futures settled lower on Monday for a second straight session, with strength in the US dollar pressuring prices for the precious metal. The dollar has generally been the primary safe haven in recent weeks, but interest in gold, while perhaps somewhat subdued, is still relatively solid. Investor sentiment has …

In an interview on Dubai TV, Mohammed Hashad, Director of Research and Development Department at Noor Capital and member of the US Association of Technical Analysts, tackled the latest developments in financial markets. Oil US crude oil started trading this week with a decline of about 5 dollars, to see …

The 1964 resistance levels limited the bullish bias, which formed strong supply areas that forced gold prices to retest the previously breached resistance-into-support level around 1942. On the technical side, the current gold movements are witnessing stability around the lowest level during the Asian session, around 1942, and by looking …

Geopolitics continued to impact the economic outlook throughout the previous week. Christine Lagarde emphasized the punitive measures were designed to target the regime, not the Russian people, while new “fiscal remedies are still needed” to stabilize Europe’s economy.Russia’s invasion of Ukraine on 24 February has fundamentally brought about deep economic …

On Friday, gold is set to achieve weekly gains for the third time in four weeks, as the lack of tangible progress in peace talks between Russia and Ukraine led to a rise in the price of the precious metal, which is considered a safe haven, despite the rise in …

Gold prices maintained their gains as we expected to reach the official target at 1960, recording its highest level of 1966.00. Today’s technical vision indicates the possibility of resuming the rise, with the price confirming the breach of the 1943 resistance-into-support level and the positive signals coming from the 14-day …