Gold News Reviews 

Gold Daily Review May 16, 2018

Gold Daily Review for May 16, 2018

Gold Prices Menace Key Support with Fed Freshmen Hearings Due

Gold prices threaten trend support guiding the move higher since December 2016 with Senate confirmation hearings for two incoming Fed officials due.

 

Trading Outlook for Gold Price, Crude Oil, DAX, S&P 500, and More

In this session, we checked in on several major markets and the technical/trading outlook; gold range, oil still bullish, indices bullish but lack conviction…

 

Gold Price: Trades Sub-1300 with Bearish Bias

The combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.

 

Trading Outlook for Gold Price, Crude Oil, DAX, S&P 500, and More

In this session, we checked in on several major markets and the technical/trading outlook; gold range, oil still bullish, indices bullish but lack conviction.

 

Gold tumbles below $1,300 for the first time this year | Markets Insider

Gold prices were down nearly 1.5% Tuesday morning. Selling of the yellow metal followed stronger-than-expected economic data. Tuesday’s slide pushed gold …

 

Gold futures drop to lowest settlement of the year

Gold dropped Tuesday to mark its lowest futures settlement since December, as a rally in the benchmark U.S. dollar index and a sharp rise in U.S. Trea

 

Gold threatens worst day in more than a year as rates jolt higher, metal skids to 7-month low

Gold futures early Tuesday were facing the worst one-day drop since mid December of 2016, dragging the commodity to lows not seen in more than seven m

 

Gold tumbles below key trend line for first time in 7 months after data, as 10-year yield punches above 3%

Gold futures early Tuesday in New York broke sharply lower, flirting with a seven-month low following economic reports on retail sales and manufacturi

 

Gold Price Drops as US Treasury Yields Push Higher

A stronger US Dollar on the back of higher US Treasury yields (both nominal and real) has paved the way for lower Gold prices.

 

Have a nice trading!




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