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Gold Price: XAUUSD Extends to Multi-Year Highs As Downside Correction Stays Limited

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, […]

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Gold Price: XAUUSD Upside Traction Stays Fragile Around $1,650 Level

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 […]

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Gold Price: XAUUSD Trades Beyond $1,600 Amid Fresh Limitations

XAUUSD Price Analysis – April 3 Gold trades beyond $1,600 level with modest losses close to three-day high, presently losing 0.07 percent following fresh limitations, before moving for Friday’s European session. The latest threats to the yellow metal are probably due to the aftermath of the coronavirus (COVID-19). Key Levels Resistance Levels: $1,703, $1,663, $1,623 […]

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Gold Price: Retreats From Recent High as Sideways Trading Continue Around $1,623 Level

Gold Price: Retreats From Recent High as Sideways Trading Continue Around $1,623 Level

XAUUSD Price Analysis – March 27 Gold is currently priced at $1,623 level an ounce, which reflects a 0.30 percent fall on a day-to-day basis. Following declines, gold remains stuck within the trading range of successive daily candles with long wicks and small bodies established in previous sessions. Key Levels Resistance Levels: $1,703, $1,675, $1,640 […]

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Gold Price: Continues to Build Support in an Ongoing Recovery, Rallying Past $1,500 Levels

XAUUSD Price Analysis – March 20 Through Friday’s early European session, Gold continued to gain some positive momentum into American session as it spikes to fresh daily tops around the $1500-17 range. Coordinated efforts by central banks around the world helped ease market fears over tightening liquidity conditions and triggered some USD profit-taking, all against […]

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