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Gold Daily Review August 3, 2018

Gold Daily Review for August 3, 2018

US-China Trade War Rhetoric Ramps Up; Gold Price Remains Weak

The US is looking at increasing tariffs on $200 billion of Chinese imports from 10% to 25%, according to reports, which would lead to swift


Gold Prices Risk Fresh 2018 Lows as RSI Flirts with Oversold Territory

Gold prices may trade to fresh yearly lows as the bearish momentum from earlier this year appears to be reasserting itself.


Gold drops further to test 1-year lows

A stronger US dollar pushed gold prices further to the downside on Thursday. The value fo the ounce weakened during the US session, breaking below pre


Gold prices log lowest finish in more than a year

Gold prices fell Thursday to settle at their lowest in more than a year as the U.S. dollar strengthened, particularly against the British pound which


Gold Price Drop May Accelerate on US Jobs Report

Gold prices sank to a 13-month low, with sellers now aiming to test below the $1200/oz figure. Upbeat US labor market data may accelerate the


Gold Technical Analysis: Bears dominate the proceedings

Hourly chart Current Price: $1,207 Daily High: $1,210 Daily Low: $1,206 Trend: Minor corrective rally likely, still overall bearish Resistance


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