Tag: Chemical elements

Forex Trading

Gold Price Analysis: XAU/USD closes week above $1,800 for first time since Sep. 2011

The troy ounce of the precious metal gained $11 last week and registered its highest weekly close since September 2011 at $1,810. Moreover, the XAU/US

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Jul 19, 2020 comments off
Forex Trading

Gold Market Update: XAU/USD braces for another stellar weeek

Gold had a stellar Friday after a slow trading activity during the week. The yellow metal gained over 1.5% in a single day, while August Comex gold fu

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Jun 21, 2020 comments off
Forex Trading

Gold Price News and Forecast: XAU/USD appreciates to $1,730 on USD weakness

While keeping the latest recovery moves from $1,704.28, Gold prices rise to $1,728 amid the initial Asian session on Tuesday. Even so, the bullion see

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Jun 16, 2020 comments off
Forex Trading

Gold Price Forecast: XAU/USD below key ascending channel, downward target at 1,720

Gold lost some ground against the dollar on Friday. Before the retracement, the yellow metal had made a majestic step above the key hurdle at 1,740. E

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Jun 14, 2020 comments off
Forex Trading

Gold Price Analysis: XAU/USD bearish case for the contrarians out there

The price of gold has lost steam of late. While the upside case has been made loud and clear, there are arguments for a deep correction, not just stem

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Jun 04, 2020 comments off
Forex Trading

Silver Price Analysis: Struggles to gather upside traction despite diamond breakout

Silver is currently trading near $17.41 per ounce, representing a 0.21% gain on the day, having faced rejection near $17.50 on Thursday. The metal wit

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May 29, 2020 comments off