Gold (XAU/USD) climbed modestly in the early European session and was last spotted trading at $1812. The yellow metal found strong support at the $1800 psychological line yesterday, which appears to be stalling any further decline for the commodity. Meanwhile, sustained weakness surrounding the US dollar (DXY) has also extended some support to the dollar-denominated […]
Gold (XAU/USD) traded on a directionless bias through the early trading hours on Monday and was last spotted trading close to the $1870 level. The yellow metal has managed to stall any further declines despite its apparent bearish undertone thanks to the strong selling bias surrounding the US dollar. The greenback came under heavy selling […]
Hi havia un sentiment contradictori sobre els riscos del coronavirus, ja que els mercats observaven la pandèmia i el comerç de les accions com si es tractés d'un món post-covid. Pel que fa a l'euro, la major part del comerç es va fer a través del dòlar, però la política europea pot tornar a resultar problemàtica per a la moneda única. Mentre el dòlar dels Estats Units va caure de […]
Gold (XAU/USD) failed to make use of its intraday bounce to the $1885 area and is now struggling to remain above the $1870 level in the European session. The prevailing market worries about the economic fallout due to the implementation of renewed COVID-19 restrictions in several states across the US has left the US dollar […]
Gold (XAU/USD) traded on a positive note though the early European session and renewed its daily high above $1900. However, just a few minutes ago, it got reported that Moderna’s (NASDAQ: MRNA) COVID-19 vaccine candidate has yielded a 94.5% effectivity in preventing the Coronavirus disease, which caused the safe-haven asset to plunge dramatically. Meanwhile, before […]
Gold (XAU/USD) has erased most of its gains from Monday’s trading session and was last spotted hovering above the $1876 support. It appears that the yellow metal has found mild demand at the $1876 support and is being supported by a combination of factors. The frenzied market reaction to the positive development surrounding a COVID-19 […]
El dòlar intenta estabilitzar-se després de recuperar-se d'un fort repunt dels rendiments del Tresor dels EUA, que també es confirma amb una forta caiguda dels preus de l'or. El desenvolupament manté l'or en un patró correctiu a partir de 2075.18. És a dir, una ruptura per sota del suport a 1848.39 ara torna a la vista. Com a mínim, el desenvolupament […]
Gold (XAU/USD) traded on a sideways momentum in the early European session on Monday and was last spotted trading around the $1960 area. The US dollar (DXY) remained in a depressed tone following the official announcement of Joe Biden as the President-elect of the suspense-filled US Presidential election. A weaker USD was cited as one […]
Gold (XAU/USD) traded on a negative bias in the early European trading session on Wednesday, as the price barrels towards $1876 once again. A goodish bounce in the US dollar (DXY) was regarded as the major factor exerting pressure on the dollar-denominated commodity. Early election results from the US indicated that the race for the […]
