Gold News Reviews 

Gold Daily Review November 9, 2018

Gold Daily Review for November 9, 2018

Gold, Crude Oil Prices May Accelerate Lower on Upbeat FOMC

Gold and crude oil prices may accelerate downward as an upbeat statement from the Federal Reserve boosts rate hike speculation and sends the US Dollar

 

Gold: 83.5% of Retail Traders are Net-Long Despite Recent Consolidation

The combination of current sentiment and recent changes gives us a further mixed Spot Gold trading bias.

 

Gold continues to consolidate as Fed leaves rates unchanged

Gold rose to test daily highs at $1,227 after the release of the FOMC statement but failed to break higher and pulled back to $1,223, the same level i

 

Gold stays in red below $1230 as dollar gathers strength ahead of Fed

Although the greenback suffered losses against its rivals following the midterm elections in the U.S., stock markets’ positive reaction suggested that

 

Gold prices settle lower, then see volatile trading after Fed policy statement

Gold prices fell on Thursday, with strength in the U.S. dollar prompting the metal to post its fourth loss in five sessions. After prices settled, the

 

Gold’s price hit 8-day low in Asia

Gold’s price hit an 8-day low of $1,219 in Asia despite losses in the major equity markets. The yellow metal eroded trendline rising from the Oct. 9

 

Have a nice trading!




Share This:

Related posts