Tag: Chemical elements

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
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