Gold (XAU/USD) experienced a slight dip to the $1,742 level in the mid-European session today before jumping to fresh monthly highs just a few hours ago. This bull rally was primarily as a result of Friday’s break above the $1,730 pivot/supply level. This price boost is further underpinned by the bullish bias of technical indicators […]
Gold (XAU/USD) gained significant bullish strength over the weekend and has peaked at $1,758 in the early European session on Monday on the back of a report by WHO which noted that there has been a record-breaking increase in new Covid-19 cases globally. This prompted investors to seek cover in safe-haven assets like gold. However, […]
Gold (XAU/USD) has steadied on its intraday positive momentum through the early European session and was last spotted trading around the $1,730 pivot. The yellow metal has caught some fresh buy bids after it bounced off ascending trend-line support. This rise was largely supported by the renewed Coronavirus jitters. Investors are worried over how a […]
Gold (XAU/USD) remains in a consolidation range around $1,724-30 as we head into the early hours of the European session. The yellow metal has recovered well from an intraday low on the back of fresh US-China tensions. Apart from the US-China disagreements, fears over a second wave of the Covid-19 outbreak are heavily influencing the […]
Gold (XAU/USD) traded on a mildly negative note through the early European session, although it remained well in a consolation range. The upbeat market sentiment appears to be a factor in keeping the yellow metal under pressure. However, a weaker US dollar, coupled with fears over a second wave of the virus, and growing geopolitical […]
Gold (XAU/USD) has staged a strong recovery from yesterday’s near-$1,700 leg-down and is now faced with the $1,735 resistance. At press time, the yellow metal is trading around the $1,731 level, marking a 0.35% gain early in the European session. The dollar index fell by about 0.5% yesterday, giving gold more steam to recover major […]
وصلت أسعار الذهب (XAU/USD) إلى قاع عند 1,704 دولارًا أمريكيًا في جلسة منتصف النهار في أوروبا قبل أن ترتد مجددًا فوق 1,720 دولارًا أمريكيًا. وكان هذا الانخفاض مدفوعًا إلى حد كبير بالحركة الجانبية لأزواج العملات الرئيسية، مع انخفاض التقلبات. افتتحت سوق الأسهم الأمريكية على انخفاض حاد، إلا أنها انتعشت بسرعة ومحت تلك الخسائر. وهذا الانتعاش في أسعار الأسهم […]
انخفض الذهب (XAU/USD) في بداية الجلسة الأوروبية يوم الاثنين ويقع حاليًا عند مستوى 1,713 دولارًا. نتج هذا الانخفاض عن المحاولة الفاشلة الأسبوع الماضي لاختراق مستوى المقاومة البالغ 1,745 دولارًا أمريكيًا، مما أدى إلى إمداد جديد للسلعة مما أدى إلى انخفاضها إلى أدنى مستوياتها خلال عدة أيام. ويبدو أن انخفاض الذهب لم يتأثر بالأحداث الأخيرة (...)
Gold (XAU/USD) continues fairly bullish into the end of the trading week on Friday following recent market sentiment development. Although the price witnessed a slight retrace in the early hours of the Asian session today, a full reversal seems unlikely considering the absence of any major catalyst. Meanwhile, China has made progress with its clinical […]
