Tag Archives: Gold

Gold traded within a narrow range on Wednesday as investors awaited the Federal Reserve’s meeting next week to assess the bank’s monetary policy stance. And gold in instant transactions witnessed a slight change to $ 1772 an ounce by 0650 GMT. US gold futures rose 0.1 percent to $1,783.90. A …

The support levels published during the previous technical report, at 1764, were able to limit the bearish slope that occurred with the first trading sessions of this week and forced gold prices to rebound, limitedly to retest 1780 during the previous trading session. Technically, with a closer look at the …

Gold price is recording a minimal advance, even though the US Dollar is surging. The stronger than expected US economic data would keep the Fed under pressure. A break below $1760 will exacerbate a fall to $1725; otherwise, a rally to $1786 is on the cards.Gold price turns positive after …

Gold prices rose on Tuesday, after falling 1 percent in the previous session, as the US dollar fell. Still, investors are waiting for more indications regarding interest rate expectations by the Federal Reserve. And by 1133 GMT, gold in instant transactions increased 0.4 percent to $ 1776.15 an ounce. US …

There was little change in gold prices on Tuesday, as the dollar stabilized after recording its largest jump in two weeks in the previous session, while fears of a larger US rate hike by the Federal Reserve persisted. And by 0553 GMT, gold settled in spot transactions at $ 1769.99 …

Negative trading dominated gold’s movements at the beginning of this week’s trading after it touched its highest level since last June, around $1810 per ounce. As a reminder, we indicated during the previous analysis that the decline below 1786 leads gold to retest 1768, recording its lowest level at 1765. …

https://www.youtube.com/watch?v=44YX52n-6nIIn an interview on Dubai TV, Mohamed Hashad, Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, commented on the most important developments in the financial markets, most notably the following:Oil PricesMuhammad Hashad – at the very beginning – commented on the …

Gold prices stabilized Monday, December 5, after hitting their highest level in 5 months, while the dollar fell after more Chinese cities eased anti-Covid-19 restrictions over the weekend. There was little change in the spot gold price, recording $1,799.26 an ounce, after touching the highest level since July 5 at …

Gold prices achieved remarkable gains within the expected upward path during the previous technical analysis, surpassing the official target of 1777, recording its highest level of $1808 per ounce during the early trading of the current session. Technically, and by looking closely at the 240-minute chart, we notice that gold …

Gold prices rose on Wednesday, on their way to recording the largest monthly increase in more than two years, while investors await the speech of Federal Reserve Chairman Jerome Powell, seeking any indications on the path of the US central bank’s monetary policy. Spot gold rose 0.6 percent to $1,760.56 …