Gold News Reviews 

Gold Daily Review November 12, 2019

Gold Daily Review for November 12, 2019 Despite Gold Prices Rallying, Why Is Freeport-McMoRan Set To Lose >60% Of Its Gold Revenue? Though global gold prices have witnessed a healthy increase from about $1,200 per ounce in the beginning of 2019 to over $1,500/ounce in October 2019, Freeport-McMoRan (NYSE: FCX) is expected to see its revenue from gold sales decrease by more than 60% in 2019, primarily driven by a 67% decline…   Gold rebounds from multi-month lows, trades around $1,455 After posting its largest weekly percentage drop of the…

Read More
Gold News Reviews 

Gold Daily Review November 11, 2019

Gold Daily Review for November 11, 2019 Silver & Gold Price News: decline hits 5-week lows near $1,460 Prices of the ounce troy of the precious metal are trading well on the defensive so far this week, navigating the area of multi-week lows near $1,460.   Gold Price Forecast: Fundamental Analysis Highlights Further Volatility It has not been a good week for gold bulls with the price of the precious metal down around $50/oz. over the week as risk assets benefit from a strong market bid.   Gold technical analysis:…

Read More
Gold News Reviews 

Gold Daily Review November 8, 2019

Gold Daily Review for November 8, 2019 Gold Plunges on US-China Trade Headlines; Trump Tariff Rollback Headlines crossing the wires on US-China trade talks are pushing risk appetite further as a US Official says the US has agreed to roll back tariffs. Gold breaks below the 1464.00 mark and USDCNH si…   Gold moves lower as stocks push higher – Risk on mode is fully kicking in today Gold has sunk to print just under USD 1480 per ounce to trade around 0.90% lower as risk-on market conditions prevail. The…

Read More
Gold News Reviews 

Gold Daily Review November 7, 2019

Gold Daily Review for November 7, 2019 Gold technical analysis: Bears await a sustained break below $1475 confluence support Gold seemed struggling to build on its attempted intraday recovery move and remained well within the striking distance of three-week lows set in the p   USD/CNH Above 7.0, Gold Pops on US-China Trade Deal Delay USD/CNH spiked back above the taboo 7.0000 price level while gold prices jumped and equities slid in response to reports that the phase one US-China trade agreement could be breaking down.   Gold Technical Analysis:…

Read More
Gold News Reviews 

Gold Daily Review November 5, 2019

Gold Daily Review for November 5, 2019 Gold hangs above USD 1510 despite a strong risk tone Interestingly today gold is only 0.15% lower today as stocks push higher and the dollar index trades 0.15% to the good. Historically gold struggles m   Why Gold Is Up And How High Can It Go? Despite the new record highs of the S&P 500 (on October 28, the S&P 500 reached 3637), the gold price has been moving higher.   Gold Holds Resistance as Bulls Persist, but Can They Break Through? The…

Read More
Gold News Reviews 

Gold Daily Review November 4, 2019

Gold Daily Review for November 4, 2019 Gold technical analysis: Consolidates near weekly tops, NFP eyed for a fresh impetus Gold failed to capitalize on the positive move witnessed over the past two trading sessions and was seen consolidating in a range just below weekly to   Goldman Sachs says Elizabeth Warren’s tax plan will cut S&P 500 earnings by 11% | Markets Insider Elizabeth Warren is emerging as one of the favorites for the Democratic nomination for president, says Goldman Sachs, citing polling data and market predi…   Gold…

Read More
Gold News Reviews 

Gold Daily Review November 1, 2019

Gold Daily Review for November 1, 2019 Gold erases Tuesday’s losses, trades above $1,490 ahead of key US data The XAU/USD pair closed the day below $1,490 on Tuesday but staged a technical rebound while investors are getting ready for the key macroeconomic eve   Goldman Sachs sees a more ‘hawkish’ stance from Jerome Powell after the Fed’s likely third rate cut this year | Markets Insider The Federal Reserve is expected to cut rates for a third time this year on Wednesday. All eyes will be on Jerome Powell’s…

Read More
Gold News Reviews 

Gold Daily Review October 30, 2019

Gold Daily Review for October 30, 2019 Gold falls to one-week lows, around $1485 region Gold failed to capitalize on the early uptick to $1495 area and turned lower for the second consecutive session, dropping to over one-week low in the   Trading Outlook Ahead of FOMC for USD-pairs, Gold & More In this webinar, we looked at several USD pairs, commodities, and indices ahead of tomorrow’s FOMC meeting. -Subscribe to DailyFX: https://www.youtube.com/Da…   Gold Price Outlook: Bull Flag Tested, Can Gold Bulls Break Through? Gold prices remain in a…

Read More
Gold News Reviews 

Gold Daily Review October 29, 2019

Gold Daily Review for October 29, 2019 Gold Price Forecast – Chart Breakout Suggest Higher Prices Ahead Gold broke out of its technical range on Friday and may well look to push further ahead. Traders should be wary of a slew of high importance US data releases out this week that may stifle the curre…   Bollinger Band Signals: Gold, GBP/USD, USD/CAD & Dow Trading with Bollinger Bands can offer useful insight on market price action considering the technical indicator’s simplicity and unique characteristics.   Gold slumps to $1,490 area…

Read More