Tag: Chemical elements

Forex Trading

Gold Price Analysis: XAU/USD could extend rebound with daily close above $1,900

The XAU/USD pair closed the last two days of the week in the positive territory but closed below $1,900. On a weekly basis, the pair erased more than

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Nov 15, 2020 comments off
Forex Trading

Gold Price News and Forecast: XAU/USD consolidating following the covid vaccine-related drop

Gold prices extend corrective bounce off $1,856 while taking rounds to $1,865 amid the initial Asian session on Thursday. Following a heavy drop on Mo

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Nov 12, 2020 comments off
Forex Trading

Gold Price Analysis: XAU/USD rallies to $1,960 highs on risk appetite

Gold futures have ticked higher on Friday to reach seven-week highs at $1,960. Bullion has appreciated nearly 4% on the week boosted by USD weakness a

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Nov 07, 2020 comments off
Forex Trading

Gold Price News and Forecast: XAU/USD flat around $1,900

Gold Price Analysis: XAU/USD flat around $1,900 approaching the tip of a triangle pattern Gold’s futures have remained moving directionless within a t

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Oct 27, 2020 comments off
Forex Trading

Gold Price Analysis: XAU/USD must break this ultimate hurdle for a spike to 1,940

Gold closed the week’s trading at 1,900 after a minor correction from the weekly high at 1,914. The precious metal has gradually sustained a bullish p

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Oct 18, 2020 comments off
Forex Trading

Silver Price Analysis: XAG/USD bulls attack 50% Fibonacci retracement, 200-HMA to keep $24.00

Silver prints mild gains while flashing $24.18 as a quote, up 0.17% intraday, during Wednesday’s Asian session. In doing so, the commodity holds its p

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Oct 14, 2020 comments off
Forex Trading

Gold Price Analysis: Downside more compelling for XAU/USD in the NFP week ahead – Confluence Detector

Gold (XAU/USD) shed about 4.5% in the past week, delivering a weekly closing below the August month low of $1863. The yellow metal booked the first we

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Sep 27, 2020 comments off
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