Category: Gold

Gold Daily Review for November 27, 2019 Gold rebounds from 2-week lows, up little around $1460 level Gold edged higher through the early European session on Tuesday and is currently placed near the top end of its daily trading range, around the $1458-   Bitcoin Is Not Gold Bitcoin might be the new gold, but gold is not like bitcoin. Here’s why.   Gold Price Forecast: XAUUSD Grinds at Support, Will Bulls React? Gold prices have been pulling back for three months now. Have bulls thrown in the towel, or…

Gold Daily Review for November 26, 2019 Gold Price Forecast – Looking to Re-Test Three-Month Low The price of gold continues to slip lower and may re-test the recent three-month low at $1,445/oz. as riskier assets remain in demand.   Gold Technical Analysis: Remains vulnerable near 1-week lows, just above $1455 level Gold traded with a mild negative bias for the fourth consecutive session on Monday and is currently placed near one-week lows, just above the $1455 ho   Gold prices continue to bleed-out on trade-deal optimism Spot gold has…

Gold Daily Review for November 25, 2019 Adam Neumann’s $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal | Markets Insider Adam Neumann’s $1.7 billion golden parachute could be slashed as SoftBank bosses seek to trim the $9.5 billion rescue deal they struck with WeWo…   Gold Price Outlook Hinges on Fed Rhetoric, US-China Trade Negotiation Upcoming remarks from Federal Reserve officials may influence the price of gold as the central bank alters the outlook for monetary policy.   Gold Price Targets: XAU/USD…

Gold Daily Review for November 22, 2019 Gold Price News & Forecast: XAU/USD is flirting with session lows Gold prices have been holding steady on Thursday above $1470 supported by concerns that U.S. legislation in Hong Kong could increase tensions between the Unite   Gold Technical Analysis: Yellow Metal losing its shine below the 1480 resistance The yellow metal is trading in a bull flag with lower lows and lower highs as it trading below the 50 and 100-day simple moving averages (DMAs). The 1480 resi   ‘There’s no gender…

Gold Daily Review for November 21, 2019 Gold Price Forecast: XAUUSD Bounces but Can Bulls Retain Control? Gold prices have put on a tone of recovery over the past week, but is the big picture bullish theme back in order?   Gold: Markets flip bullish for the safe haven metal, rallying $10.00 on souring trade-deal headlines At the time of writing, spot gold is trading bid, breaking through the cluster of the 21/50 and 200-hour moving averages, (bullish), at $1475 and reta   XAU/USD: Gold retreats from weekly highs, drops…

Gold Daily Review for November 20, 2019 Gold Price Analyis: Resistance May Come Under Renewed Pressure Gold is slowing moving off its recent three-month low and the move higher may be accelerated with a bullish technical signal flashing on the chart.   Gold price news & forecast: XAU/USD Once again fails near $1475 level   Gold Technical Analysis: Once again fails near $1475 level, previous support-turned-resistance Gold failed to capitalize on its early uptick to over one-week tops and once again started retreating from the $1475 resistance zone. Currently hoveri…

Gold Daily Review for November 19, 2019 Gold slides to 3-day low, around $1460 region Gold edged lower through the early European session on Monday and is currently placed at multi-day lows, around the $1460 region. The precious metal e   Dow Charges to Record While Dollar, Gold, Oil, FX Majors Embrace Ranges We are heading into a new trading week with some extreme divergence in benchmark assets. On the one hand, we have the Dow leading US indices to record highs as the VIX remains crushed to extreme lo……

Gold Daily Review for November 18, 2019 Gold technical analysis: Set-up remains tilted in favour of bearish traders Gold failed to capitalize on its recent recovery move from three-month lows, or a support marked by 38.2% Fibonacci level of the $1265-$1557 bullish m   Dow Charges to Record While Dollar, Gold, Oil, FX Majors Embrace Ranges We are heading into a new trading week with some extreme divergence in benchmark assets. On the one hand, we have the Dow leading US indices to record highs as the VIX remains crushed…