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 […]
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 […]
XAUUSD Price Analysis – April 1 Gold price is trading 0.70% higher against the USD from yesterday’s close. The precious metal quickly reversed an early Asian session dip to levels around $1,573.05 region, and rather caught some fresh bids while recovering a part of the prior session’s sharp slide amid reviving safe-haven demand. Key Levels […]
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 […]
XAUUSD Price Analysis – March 25 The risk-off mentality that prevailed in the markets has sparked a rebound in Gold’s price. Gold prolonged his pullback from nearly two-week tops and dropped in the last hour under the $1,600 mark briefly, but bounced back some later. Key Levels Resistance Levels: $1,703, $1,675, $1,663 Support Levels: $1,563, […]
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 […]
XAUUSD Price Analysis – March 18 Currently, Gold trades at $1,503 level per Oz, as at the time of writing, setting a session high of $1,546.42 level a few hours ago. The yellow metal has so far traded further within the $1,554 to $1,465 price range of the previous day. Despite the declines in US […]
XAUUSD Price Analysis – March 13 Gold promptly returned the fall at the beginning of the Asian session to more than a month low and jumped to new session highs, as buyers return with the goal of significant growth, closer to the $1,600 mark. The latest stimulus from the Fed and market opinion about the […]
XAUUSD Price Analysis – March 11 On Wednesday, gold recovered some positive traction and broke two consecutive days in a loss train. The precious metal has recovered most of the nightly drop to $1,642 level, as doubts about the stimulus package proposed by US President Donald Trump to mitigate the economic impact of the Coronavirus […]
