Tag: Chemical elements

Forex Trading

What to watch for gold to come bouncing back

A snippet from a CBA note on XAU:

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Sep 24, 2020 comments off
Forex Trading

Gold Price News and Forecast: XAU/USD down on dollar’s rise

Gold prices have deteriorated in the US dollar’s relentless comeback as investors move away from stocks. The price of the dollar is correlated to gold

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Sep 24, 2020 comments off
Forex Trading

Gold Price Analysis: XAU/USD could extend downward correction below $1,925

The troy ounce of the precious metal fluctuated in a relatively tight range throughout the week and closed with a gain of $10 at $1,950. Gold technica

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Sep 19, 2020 comments off
Forex Trading

Silver Price Analysis: XAG/USD sellers look for entry below $26.70/65

Silver struggles for a clear direction while taking rounds to $26.85 during Tuesday’s Asian session. The white metal marked a bearish spinning top can

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Sep 08, 2020 comments off
Day Trading Tips

Gold ETFs : The Basics and Whether you Should Trade Them

Gold price has been in a strong rally recently. In 2020 alone, the price has jumped by more than 27% and is slightly below its all-time high of $2,065. This…

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Sep 02, 2020 comments off
Forex Trading

Gold Price Analysis: XAU/USD set to test July high at $1985 amid dovish Powell – Confluence Detector

Gold (XAU/USD) booked the first weekly gain in three weeks, settling 1.20% higher above the psychological $1950 mark. The metal almost tested the crit

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Aug 30, 2020 comments off
Forex Trading

Gold Price Analysis: XAU/USD posts small weekly losses to close at $1,940

After rebounding above $2,000 at the start of the week, the troy ounce of the precious metal fell sharply on Wednesday and lost more than 3.5%. Althou

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Aug 23, 2020 comments off
Forex Trading

Gold Price News and Forecast: XAU/USD prices bounce off $1,945.20

Gold picks up the bids near $1,950 during the pre-Tokyo open Asian trading on Friday. The yellow metal recently took a U-turn from $1,945.20 despite …

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Aug 21, 2020 comments off
Forex Trading

Gold Price Analysis: XAU/USD snapped 9-week winning streak, closed below $1,950

After closing the previous nine weeks in the positive territory, the troy ounce of precious metal finally staged a deep correction and lost 4.45%, or

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Aug 16, 2020 comments off
Forex Trading

Gold Price Analysis: XAU/USD nurturing the run-up to 1,980

Gold consistently corrected higher in July to the extent of closing on the all-time highs. However, the rally has also had its fair share of losses an

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Aug 02, 2020 comments off