Tag Archives: Gold

Gold prices settled lower on Thursday, despite the decline of the US Dollar (USD), amid improved investors’ sentiment and anticipation for new Coronavirus vaccines and the outcomes of Brexit talks. The decline also comes following the European Central Bank’s (ECB) decision to expand its stimulus program and maintain interest rates. …

Gold fell Thursday, December 10, after heavy selling in the previous session, with the uncertainty continuing regarding the long-running fiscal stimulus negotiations in the United States. Gold fell in the spot market 0.2% to $ 1835.40 an ounce, after falling by as much as 2.5% on Wednesday. Gold futures in …

The pivotal resistance levels published during the previous analysis located at the price of 1870, which we indicated as the key to protecting the bearish trend, succeeded in limiting the upward bias, forcing gold prices again to trade negatively towards the second required target of 1843, posting its lowest price …

Gold prices declined for the first time this week, after two consecutive rises, as both the US Treasury yields and the US Dollar (USD) rose on Wednesday. In addition, positive news about Coronavirus vaccines are limiting demand for safe havens. Gold futures for February delivery decreased by $36.40, or 1.9%, …

Gold prices retreated from a two-week peak on Wednesday, December 9, as encouraging developments for the Coronavirus vaccine prompted investors to buy high-risk stocks as global stocks rose to record levels. Gold fell in the spot market 0.7% to $ 1858.80 an ounce, after hitting the highest level since November …

We were standing on the fence during the previous trading session due to the importance of the current trading levels for the general trend in the short term. Technically speaking, gold prices collided with the pivotal resistance published during the previous analysis, 1870, which we indicated as the key to …

Gold prices rose on Tuesday for the second consecutive session, amid the decline in the US treasury yields and despite a rise by the US Dollar (USD) and renewed hopes for a new government stimulus package in the United States. Gold futures for February delivery added $8.90, or 0.5%, and …

Gold prices rose to a two-week high on Tuesday, December 8th, thanks to hopes that US lawmakers will reach an agreement on a financial stimulus package to ease the economic consequences of the growing infection with the Coronavirus. Gold rose in the spot market 0.3% to $ 1869.06 an ounce …

Gold prices achieved a remarkable rise during the previous trading session after finding a solid support floor near 1828. It is noticed that we indicated in the last analysis that stability above 1848 leads gold to complete the bullish correction with the aim of retesting the previously broken support-into-resistance 1857/1860 …

Gold prices rose on Monday, opening the week with a positive performance as the US Dollar (USD) declined near its lowest level since 2018. The rise of the yellow metal also comes amid renewed hopes for a new government stimulus package in the United States. Gold futures for February delivery …