Tag Archives: Gold

Gold prices are showing a declining performance on Tuesday, amid a rise in the United States Treasury yields and a strong rebound by the U.S. Dollar (USD). In addition, an improved risk sentiment among investors is reducing demand for safe havens in favor of riskier assets. Spot gold is currently …

Positive trades dominate the movements of gold, taking advantage of building on the strong support floor located at 1810. On the technical side today, and with a closer look at the 60-minute chart, we notice the return of the price stability above the 50-day moving average, in addition to gold …

Gold prices found a solid support level at our first target mentioned in the previous analysis at 1810, which forced it to rebound again to test the 1830 resistance level. On the technical side today, and with a closer look at the 60-minute chart, we notice the return of the …

Gold prices declined on Friday, due to the rise in the United States Treasury yields, narrowing their weekly gains that come for the first time in three weeks. Gold futures for April delivery closed lower by $3.60, or 0.2%, at $1,823.20 per ounce. On a weekly basis, the yellow metal most …

Gold retreated as the dollar and Treasury yields rose, but prices are on the path to achieving the best weekly performance in three weeks, as hopes for more US stimulus support the yellow metal. And gold fell in immediate transactions 0.2% to 1822.69 dollars an ounce. Prices have risen 0.6% …

Gold prices retreated significantly within the expected negative outlook during the previous analysis, in which we relied on confirming the break of the support level of 1837, heading to touch our expected target during the previous analysis at 1820, recording its lowest price during the early trading of the current …

Gold prices declined on Thursday, following four consecutive daily rises, as the United States Treasury yields rose following the decline in jobless claims in the U.S. The decline of the yellow metal comes as the U.S. Dollar (USD) has been fluctuating in a tight range today. Gold futures for April delivery dropped …

Gold fell as the dollar recovered from a two-week low it reached in the previous session and weaker inflation data in the United States dampened appetite for the yellow metal. Gold fell in immediate transactions 0.3% to $ 1837.13 an ounce, after reaching its highest level in more than a …

We committed to the intraday neutrality during the previous analysis, indicating that we are waiting to confirm the breach of the resistance level of 1845, to enhance the chances of a bullish move towards our first awaited target of 1851, Posting Highest price during the last session at 1855. Technically …

Gold prices rose on Wednesday for the fourth consecutive session, as the U.S. Dollar (USD) declined following the release of the reading of the Consumer Price Index (CPI) in January. The market is still expecting the United States Congress will soon pass a huge stimulus relief package, around $1.9 trillion, …