Gold News Reviews 

Gold Daily Review December 11, 2019

Gold Daily Review for December 11, 2019 Gold Price Nudging Slowly Higher, Silver Outlook Supportive Ahead of Risk Gold continues to nudge higher off its recent four-month low and is attempting to break a noted technical resistance level. Silver continues to respect support after its recent sell-off.   Gold Prices May Rise as Markets Eye Fed, UK Vote, US Tariffs Gold prices may rise while bond yields fall as markets turn defensive before the FOMC rate decision, the UK general election and a planned US tariff hike.   Gold erases…

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Gold News Reviews 

Gold Daily Review December 10, 2019

Gold Daily Review for December 10, 2019 Gold clings to modest gains above $1460 level, lacks follow-through Gold edged higher on the first day of a new trading week and recovered a part of Friday’s post-NFP slide to multi-day lows. The latest US monthly jobs   Goldman Sachs sees gold soaring 9% in 2020 as Trump’s trade war and recession fears grip investors | Markets Insider The price of gold could jump 9% to $1,600 per ounce by the end of March, according to Goldman Sachs. Goldman analysts highlighted political…

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Gold News Reviews 

Gold Daily Review December 9, 2019

Gold Daily Review for December 9, 2019 Gold Price Outlook May Brighten on Wary Fed, Close UK Vote Gold prices may rise if a cautious tone from the Federal Reserve and a close outcome to the UK general election spook financial markets, driving bond yields lower.   Gold price analysis: XAU/USD extends post-NFP drop, trades near $1460/oz Gold is having a sharp intraday move down below the 50 and 100-day simple moving averages (SMAs) as the Nonfarm Payrolls (NFP) came in much better than antici   Gold prices fall for…

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Gold News Reviews 

Gold Daily Review December 6, 2019

Gold Daily Review for December 6, 2019 Gold price analysis: XAU/USD hesitates near $1480/oz Gold kicked off December with a bullish reversal to the 1480 resistance. Just above the level the 50 and 100-day simple moving averages (SMAs) are also acting   Nike shares jump premarket after Goldman upgrades to buy, says China is key growth driver Nike Inc. shares rose 2.3% in premarket trade Thursday, after Goldman Sachs upgraded the stock to buy from neutral and added it to its Conviction List….   Gold Forecast December 6, 2019 For…

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Gold News Reviews 

Gold Daily Review December 5, 2019

Gold Daily Review for December 5, 2019 Gold retreats from 1-month tops, turns lower for the day on positive trade headlines Gold drifted into negative territory during the early European session and refreshed daily lows, around the $1475 region in the last hour. The preciou   Gold drops within bullish territory, trade war uncertainties and soft USD prevail The value of an ounce of gold dropped on Wednesday following a Bloomberg report. The report indicated that a trade deal between the US and China was   Gold Forecast December 5,…

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Gold News Reviews 

Gold Daily Review December 4, 2019

Gold Daily Review for December 4, 2019 Gold Technical Analysis: XAU/USD challenges the 1480 resistance near three-week’s highs Gold is reversing up from the November lows while breaking the 1465 resistance level. It is now nearing the 50 and 100-day simple moving averages (SMAs).   Markets roil, gold surge amid reports that US will move forward with more Chinese tariffs Fox News is reporting that the US administration is still on course to slap China with new tariffs on December 15. According to the report, that is th   Gold…

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Gold News Reviews 

Gold Daily Review December 3, 2019

Gold Daily Review for December 3, 2019 Gold drops to session low, reverses Friday’s positive move Gold extended its steady intraday decline through the early European session on Monday and is currently placed near the lower end of its daily trading   Gold Price Outlook: Support Holds, but Bulls Calm on USD Drubbing It’s been a slow three months in Gold as buyers have backed off the bid. But the bullish trend isn’t yet dead, and its return appears to be a matter of timing.   Crude Oil Plummets as…

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Gold News Reviews 

Gold Daily Review December 2, 2019

Gold Daily Review for December 2, 2019 Crude Oil Plummets as Dow, Gold and USD Cling to Familiar Levels The Dow Jones, gold and the US Dollar traded within their recent ranges last week as crude oil suffered a significant retracement on Friday as supply concerns worked to pressure the commodity lower.   Gold Technical Analysis: Metal rebounds sharply from daily lows, nearing $1465/oz On the daily chart, gold stays under mild selling pressure near the November lows while trading below the 1465 resistance level and the 50/100 SMAs.  …

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Gold News Reviews 

Gold Daily Review November 29, 2019

Gold Daily Review for November 29, 2019 Gold Technical Analysis: The precious metal is under pressure near four-month lows On the daily time frame, gold is under pressure near the November lows while trading below the 1465 resistance and the 50 and 100 SMAs. If the sellers break th   Gold Forecast November 29, 2019 For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…   Gold extends range trade below $ 1460, eyes worst month since 2016 Gold is back on the bids in the Asian trades this…

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