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 […]
L'or (XAU/USD) ha experimentat una forta recuperació des de la caiguda de prop de 1,700 dòlars d'ahir i ara s'enfronta a la resistència de 1,735 dòlars. En el moment de la publicació, el metall groc cotitza al voltant dels 1,731 dòlars, marcant un guany del 0.35% a principis de la sessió europea. L'índex del dòlar va caure aproximadament un 0.5% ahir, donant més força a l'or per recuperar […]
Els preus de l'or (XAU/USD) van tocar fons a 1,704 dòlars a la sessió del migdia a Europa abans de recuperar-se per sobre dels 1,720 dòlars. Aquesta caiguda va ser impulsada en gran part per l'acció lateral dels principals parells de divises, amb una volatilitat baixa. El mercat de valors nord-americà es va obrir molt a la baixa, però ràpidament es va recuperar i va esborrar aquestes pèrdues. Aquest repunt dels preus de les accions […]
Gold (XAU/USD) dropped in the early European session on Monday and is currently at a $1,713 price mark. This drop was triggered by last week’s failed attempt to break above the $1,745 resistance which brought about fresh supply for the commodity sending it to multi-day lows. Gold’s drop appeared to be unaffected by the recent […]
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 […]
