Gold (XAU/USD) is currently recovering from yesterday’s 1.46% dip, right after a ‘consolidating stint’ in Asia. This fresh recovery is largely stimulated by the reaction of European traders’ towards the escalation in the US-China tensions, with Beijing taking ‘forceful measures’ in Hong Kong per the National Security Bill. The increasing concerns caused a fresh wave […]
XAUUSD Price Analysis – May 20 Gold continues to capitalize on its modest gains higher, moving towards the latest high around the $1750 price level, but the precious metal has been capped by the upbeat market mood and recent greenback upturn. A solid rally in the US equity futures also kept a lid on any […]
XAUUSD Price Analysis – May 13 The gold price appears to be holding on in the region of $1,700 while staying locked within a range of between $1,702.46 and $1,706.66 thresholds into open European deficient in upside traction. The mood of risk is relatively healthy, but as the week evolves, there seems to be a little […]
After launching support for Tether gold last week, Alex Mashinsky announced Celsius plans to list more tokenized commodities. Alex Mashinsky, chief executive of pioneering decentralized finance, or DeFi, platform Celsius, and inventor of the voice-over-internet protocol, or VOIP, addressed the platform ‘s recent implementation of support for Tether Gold or XAU recently in the news. […]
XAUUSD Price Analysis – May 6 Gold keeps breaking the level of $1,700 for 3 days in a row, marking a decline of 0.27 percent on the day, having achieved a $1,708 high earlier this morning. All that being said, the precious metal also is shifting between the triangle formation and trendline of three weeks. Thus […]
XAUUSD Price Analysis – April 29 During the late European session, Gold edged down into the American session and refreshed daily lows as overriding risk-on mood weighs on XAUUSD, but managed to stay just above the round-figure mark of $1,703.00. This emerges amid a significant upturn in crude oil prices, which rather bolstered the optimism […]
XAUUSD Price Analysis – April 22 After trading below levels before Wednesday a few days ago, the price of gold regained $1,700 mark as global stocks are on the defensive. The appeal of the safe-haven of the precious metal attract investors and has risen amid the coronaviral global recession, but is far from a unilateral […]
XAUUSD Price Analysis – April 15 The XAUUSD exchange rate reached the level of $1,747.72 as of the previous session. The rate flipped south through Wednesday morning as downside correction remains restricted after witnessing early selling today, breaking three straight days of unbeaten run. Key Levels Resistance Levels: $1,780, $1,765, $1,747 Support Levels: $1,690, $1,675, […]
XAUUSD Price Analysis – April 8 Gold continued its consolidated volatility through the early North American session and is presently positioned around the $1,650 region in the familiar territory. Notwithstanding troubling reports about the coronavirus outbreak, the precious metal continued with momentum on the upside while staying fragile. Key Levels Resistance Levels: $1,703, $1,690, $1,675 […]
