Tag: precious metal
Gold Price Forecast: XAU/USD Recovers but is the Rally to be Believed?
Gold has enjoyed a relief rally in recent sessions as it looks to recoup losses suffered earlier in January. Still, the precious metal is down considerably for the month and…
Read More »Gold Price Prediction: XAU breakdown to $1,800 seems imminent
Gold experienced intense selling pressure in the concluded trading week. The precious metal was not able to pick up momentum following the consistent
Read More »Gold Price Fundamental Outlook Bolstered by US Dollar Weakness
Gold price action just inked its best weekly gain since late July when the precious metal was in the midst of a bullish breakout. Can gold continue propelling higher on…
Read More »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
Read More »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
Read More »Gold Price Prediction: XAU on the cusp of a triangle breakout to 2,000
The world’s precious metal has been trading a lower high and a lower low pattern for the past two days. A descending trendline continues to limit the
Read More »Best 10 Gold Stocks for Day Trading [2020 update]
Gold has a long history as a precious metal and alternative currency. The metal has long been viewed as a safe-haven and an important hedge against inflation. It is bought…
Read More »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
Read More »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
Read More »Gold Price Forecast Bright & Volatile as USD, Real Yields Swing
Gold price performance has garnered quite a bit of market attention over recent weeks as the precious metal hits new all-time highs thanks to a parabolic rally fueled by falling…
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