Tag Archives: Gold

Gold prices incurred heavy losses at the beginning of this week’s trading within the negative technical outlook as we expected, in which we relied on breaking 1880, exceeding the required official target 1855, recording its lowest level at 1844. Today’s technical view indicates the possibility of continuing the bearish corrective …

Gold prices declined on Monday, opening the week with a negative performance as the downward trend continued despite the mixed performance by the U.S. Dollar (USD). This marked the second consecutive daily loss for the yellow metal most-active contracts, which settled at their lowest level since May 14, amid a …

Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, explained the recent developments impacting global markets, with anticipation for the upcoming U.S. Federal Reserve meeting. Federal Reserve Last week, we saw clear market movements following the release of inflation data in the United …

The prices of the yellow metal declined significantly after it failed to stabilize above the pivotal resistance level published during all reports of the past week, located at 1903, confirming the breach of the 1880 support level, We reported that breaking 1880 puts the price under negative pressure, its target …

Gold prices declined on Friday and finished at its lowest level in about a week, as the U.S. Dollar rose across the board. The USD’s rise and selling pressures due to profit making weighed on the yellow metal, which continues to signal strength and maintain most of its gains on …

Gold prices rose above $1,900 an ounce Friday, June 11th, supported by a weaker dollar and lower Treasury yields, after data showing high inflation in the United States was deemed insufficient for the US Federal Reserve to change its monetary policy. And gold rose in spot transactions 0.1% to $ …

The previous trading session witnessed different movements in gold prices. To remind, we indicated during the previous analysis that activating the selling positions depends on breaking 1880 and this makes it easier to visit 1874 first target and then 1865 next official station to record the lowest price of 1868. …

Gold prices rose slightly on Thursday, with the U.S. Dollar (USD) fluctuating and investors reacting to the large surge in inflation in the U.S., as shown by the most reading of the consumer price index (CPI) that rose by 5% in May. The reading marked the biggest increase in U.S. …

Gold prices opened the morning session with a noticeable bearishness, after hitting the resistance level 1903/1905 within a bearish slope approaching retesting the main support 1880. On the technical side today, and by looking at the 240-minute chart, we find the 50-day moving average that continues to pressure the price …

Gold prices finished higher on Wednesday with small gains, amid a decline by the U.S. Dollar (USD) and Treasury bond yields. Nevertheless, the yellow metal’s most active contracts failed to regain the $1,900 key level. Gold futures for August delivery gained $1.1 to close at $1,895.50 per ounce. Markets are …