Tag: Precious metals
Gold Price News and Forecast: XAU/USD bears waiting to feed on head and shoulders
Gold prices rise to $1,913, up 0.36% intraday as markets in Tokyo open for Wednesday’s trading. The yellow metal benefited from the broad US dollar we
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 »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
Read More »Gold Price Outlook Dictated By Presidential Polls, Fiscal Aid Hopes
Gold’s resilience in the wake of fading fiscal aid hopes suggests that the price of Bullion may hinge on polling data ahead of US Presidential Elections in November.
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 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 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
Read More »Gold Price Analysis: XAU/USD nearing $1740/oz level
XAU/USD consolidates the recent gains while trading above $1700 per troy ounce and the main SMAs on the four-hour chart. The market is nearing the 1740 resist
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