Tag Archives: Gold

Gold prices found a solid support floor around 1723, which forced the price to rally up again to retest the 1747 resistance level. On the technical side today, and by looking at the 4-hour chart, we find gold succeeded in stabilizing intraday above 1736, and we see the 50-day moving …

Gold prices rose on Tuesday, following two consecutive daily declines, as the U.S. Dollar (USD) retreated following the release of inflation data. The yellow metal futures for June delivery gained $14.90, or 0.9%, to close at $1,747.60 per ounce. Yesterday, gold futures dropped by 0.7% to settle at their lowest …

Gold prices stabilized on Tuesday, April 13th, as participants in market operations continued to refrain from trading ahead of the release of inflation data in the United States, which is expected to shed more light on the recovery in the world’s largest economies. Gold was little changed in spot transactions …

Gold prices succeeded in achieving the first target required to be touched in the previous analysis, located at a price of 1727, recording its lowest price of 1727. On the technical side today, and with a closer look at the chart at a 240-chart, we find negative signs still dominating …

Gold prices declined on Monday, opening the week with a negative performance amid a rise by the U.S. Dollar (USD) and Treasury bond yields. Gold futures for June dropped by $12.10, or 0.7%, to finish at $1,732.70 per ounce. This is the lowest closing level for the yellow metal most …

Gold prices fell on Monday, April 12th, under pressure from rising US Treasury bond yields and the dollar, after better-than-expected US economic data increased the possibility of a rise in the rate of inflation. This fell in the spot market 0.4% to 1735.90 dollars an ounce. And gold fell in …

Gold prices started their first weekly session with a bearish bias, as a result of hitting the resistance level 1758, in order for the current moves to stabilize below the aforementioned level. Technically speaking, the clear signs of negativity on Stochastic support the occurrence of a bearish bias during the …

Gold prices declined on Friday, as the U.S. Dollar (USD) rose across the board supporting by rising Treasury bond yields. Today’s decline limited the yellow metal’s weekly gains Gold futures for June delivery decreased by $13.40, or 0.8%, to close at $1,744.80 per ounce. For the week, gold’s most-active contracts …

Gold prices fell on Friday, April 9th, as strong economic data from China boosted hopes for a quick recovery, but the yellow metal is on track to rise by more than 1% per week with the dollar and US Treasury yields falling from their recent high levels. China’s factory-gate prices …

Gold prices managed to achieve the first target required to be touched during the previous analysis, located at 1754, to record its highest level, 1758. Technically, and with a closer look at the 4-hour chart, we find the simple moving averages continue to hold the price from below, and the …