Tag Archives: Gold

The technical outlook is unchanged, and there was no significant change in gold’s movements for the third consecutive session, maintaining the same technical conditions within the short trend, with unclear targets so far. The technical aspect today is as it is. Despite the temporary bullish bounce, gold prices are still …

The technical outlook is unchanged, and there has been no significant change in gold’s movements, maintaining the same technical conditions within the short trend, with unclear targets so far. Technically, despite the temporary bullish bounce, gold prices are still moving within an unclear short direction, between minor corrections, detected from …

US shares remarkably surged Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.31% to 4,701.21 and the Dow Jones Industrial Average DJIA rising 0.10% to 35,754.75. Stocks surged led by overall positivity across the financial markets …

Gold prices rose to their highest in a week on Wednesday as the dollar and US bond yields fell and the precious metal received a boost as a safe haven due to tensions related to Ukraine with US consumer price data due later this week. The price of gold in …

Gold prices managed to touch the first bearish target mentioned in the previous technical report, at 1774, recording its lowest price of 1772, to return to the bullish rebound, taking advantage of the strong demand area. The technical aspect today is as it is. Despite the temporary bullish bounce, gold …

President Joe Biden told Russian Counterpart Vladimir Putin that the United States is prepared to launch strong economic measures in case Russia decides to invade Ukraine. The Bank of Canada is expected to keep the major part of focused spotlight on inflation at its policy decision, as the country’s central …

Gold futures traded modestly lower on Monday, as a pickup in Treasury yields and the US dollar helped to dull appetite Gold prices rose Tuesday, December 7th, supported by the dollar’s decline, but rising US Treasury yields and fears that the US Federal Reserve would tighten monetary policy more than …

Gold prices are still trading within a short trend that tends to the downside. However, the dominant feature is still unclear, as the current moves are witnessing a bearish tendency that is gradually approaching the 1774 support level. Technically, By looking at the 60-minute chart, we notice that the momentum …

Gold futures traded modestly lower on Monday, as a pickup in Treasury yields and the US dollar helped to dull appetite for the precious metal, which has been held in check by uncertainties about the spread of omicron and Federal Reserve policies.The most active February delivery gold contract GCG22, -0.16% …

Gold prices fell Monday, December 6, as appetite for less safe assets improved and the dollar rose on uncertainty over Omicron ahead of US inflation data this week. The dollar rose, making gold less attractive to holders of other currencies, while US 10-year bond yields made up for their losses. …