Gold (XAU/USD) traded on a slightly bearish tone in the early European session on Monday, as it recorded a new three-day low over the past few hours. The precious metal was last spotted trading around the $1830 area at press time. Gold is trading lower for the second consecutive session today, after retreating from a […]
Gold (XAU/USD) traded higher on Wednesday for the second consecutive session as investors picked up on the positive sentiment induced by the recent passing of a US fiscal stimulus package. However, a follow-through bullish surge got impeded by the U.K.’s authorization of the Pfizer COVID-19 vaccine for public use. The recent weakness in the US […]
Goud (XAU/USD) zette zijn daling voort tijdens de vroege Europese sessie op maandag in wat kan worden beschouwd als de ergste daling in vier jaar. De recente uitverkoop werd veroorzaakt door de hernieuwde risicobereidheid van beleggers in alle markten, aangezien de vooruitzichten voor COVID-19-vaccins de hoop op een wereldwijd economisch herstel doen herleven. Tot nu toe is het gele metaal […]
Goud (XAU/USD) klom bescheiden in de vroege Europese sessie en werd voor het laatst verhandeld op $1812. Het gele metaal vond gisteren sterke steun bij de psychologische lijn van $ 1800, die elke verdere daling voor de grondstof lijkt te vertragen. Ondertussen heeft de aanhoudende zwakte rond de Amerikaanse dollar (DXY) ook enige steun verleend aan de in dollar uitgedrukte […]
Goud (XAU/USD) handelde tijdens de vroege handelsuren op maandag met een richtingloze voorkeur en werd voor het laatst gezien in de buurt van het niveau van $1870. Het gele metaal is erin geslaagd om verdere dalingen tot stilstand te brengen ondanks zijn duidelijke bearish ondertoon dankzij de sterke verkoopvoorkeur rond de Amerikaanse dollar. De dollar werd zwaar verkocht […]
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 […]
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 […]
