Tag Archives: Gold

A bearish trend, as we expected, dominated gold prices, touching the first target to be achieved at the price of 1838, and approaching by a few points from the official target station 1828, recording its lowest level at 1830. Technically, by looking at the 240-minute chart, the stochastic is trying …

We adhered to intraday neutrality during the previous report due to the conflicting technical signals, explaining that the 1.0745 level represents one of the most important keys to the direction, explaining that the 60-minute candle sticking above the mentioned level might push the Euro-dollar pair to visit 1.0780, to record …

As the markets process the full inflation data that the United States of America has released, the price of gold fluctuates. For the month-over-month data, the US Consumer Price Index came in at 0.4% vs. 0.4% anticipated. The US CPI for January came in at +6.4% for the year, more …

The prices of the yellow metal declined significantly as part of the negative outlook expected during the analysis issued last Friday, heading to touch the second target expected to be achieved at the price of 1854, recording its lowest level at $1850 per ounce. Technically, and by looking at the …

Gold has dived to five-week lows at around $1850 with the beginning of the new trading week as bears eye the 100-DMA beneath $1820.Market participants are eyeing Tuesday’s US CPI data, which could reaffirm the disinflation process has already started. A daily close below $1850 would pave the way toward …

Gold prices fell on Monday, affected by the rise of the dollar, and with investors anticipating US inflation data on Tuesday, which may affect the Federal Reserve’s plans for the future of interest rates. Spot gold fell 0.1% to $1,863.38 an ounce by 0653 GMT, while US gold futures rose …

Gold remains firm at around $1860 despite hawkish signalsOn Friday, gold prices remain firm at around $1860 per ounce after hitting a week-to-date new low of $1852.45 due to expectations regarding the next move by the US central bank and whether it would raise rates by 25 bps in the …

Gold prices stabilized on Friday as market focus shifted to US inflation data due next week, which is likely to provide a clear picture of the Federal Reserve’s monetary policy path. Spot gold prices remained largely unchanged at $1,862.74 an ounce by 1209 GMT, after hitting the lowest since January …

The US dollar has been higher with gains ahead of Wall Street’s opening, advancing at the end of the trading day as US indexes plunged ahead of the close though Dow surged earlier on robust earnings including Disney and PepsiCo.The dollar benefited from higher government bond yields but also from …

The gold price retreats on Thursday and is trading at $1867.54 at the time of writing. The positive US economic data earlier on the day triggered the precious metal’s jump to fresh daily high at $1890.21. US Initial Jobless Claims underpinned XAU/USD, though the metal retreated those gainsUnemployment claims rose …