Gold Technical Analysis: Weak Gains Despite the USD Drop
Despite the sharp decline in the US dollar with the formal signature and approval of the massive US stimulus plan, which is estimated at 2 trillion dollars, and the rise… Read more »
Tag: Gold
Gold Price May Need to Digest, but Looks Broadly Bullish
Gold Price Technical Highlights: Gold price wilds swings could iron out into a rally Some time may be needed first to gain a strong footing Gold price wilds swings could… Read more »
Analysis: Gold Price Should Be $8,900 (5x Higher) And Here Is Why
The global financial markets took a serious hit this month amid the growing fears of the spreading novel coronavirus (COVID-19). However, amid times of economic uncertainty, investors often turn to… Read more »
US Dollar Sinks. Gold Prices, Wall Street Soar on Stimulus. Bottom Found?
The haven-linked US Dollar tumbled this past week, averaging its sharpest decline against a basket of its major counterparts since at least 1986. This is as Wall Street bounced with… Read more »
Gold Prices May Drop as Liquidation Strikes Global Markets Anew
GOLD PRICE FORECAST: NEUTRAL Gold prices roared higher after the Fed made its QE program open-ended Mining, minting and refining disruptions see “delivery risk premium” soar Renewed liquidation may trigger… Read more »
Gold Price Outlook Hinges on 2013 High After Best Week Since 2008
Gold Prices, XAU/USD – Technical Forecast Gold prices surge in best week since 2008, bouncing off key support XAU/USD has 2013 high to clear to regain more upside momentum 4-hour… Read more »
COVID-19 and Gold: What Happened & How Did the Market React?
The coronavirus pandemic has created a number of challenges for many industries across the world. For the financial markets, the virus has brought a significant increase in volatility. As Finance… Read more »
Gold Technical Analysis: A Cautious Anticipation of the US D
Before the announcement of the most important US economic data for this week, the price of gold fell to the $1598 level after recent strongest gains, which amounted to $1640,… Read more »
Gold Technical Analysis: Is it Time to Sell?
The strength of the US dollar has stopped, and confidence has returned, even if temporarily, to the global financial markets. That has contributed to sharp gains in the price of… Read more »
Gold holding above 1,440/450, risk of a downward break remains
March 25, 2020 09:00 Source: Economic Events March 25, 2020 – Admiral Markets’ Forex Calendar The situation in Gold remains very tense, even though it is holding above 1,440/450 USD,… Read more »