Category: Gold

Gold Daily Review for October 8, 2019 Gold Price Technical Outlook: Gold Holds at Key Resistance The US Dollar turned around the Q4 open, helping to buoy Gold prices. But can Gold bulls continue to push?   Silver prices robust as Gold/Silver ratio remains capped by 200-DMA Silver prices have been edging lower at the start of the week, falling some 0.80% from a high of $17.6210 to a low of $17.392 as precious metals give   Gold drops to five-day lows near $1,490 as markets start pricing a US-China…

Gold Daily Review for October 7, 2019 Gold up little, lacks follow-through as focus remains on NFP Gold edged higher through the early European session on Friday, albeit remained well below the overnight swing high to over one-week tops. The preciou   Gold Price Forecast for 2019 Remains Bullish on Divided FOMC The price of gold may exhibit a bullish behavior over the remainder of 2019 amid falling interest rates along with the inverting US yield curve.   Gold struggles to stretch higher above $1,500 on renewed trade optimism After…

Gold Daily Review for October 4, 2019 Gold Price Outlook: Boosted by Risk Sentiment, Eyes US NFP Report Gold continues to trade either side of $1,500/oz. as risk-off sentiment boosts the price of the precious metal. The US Labor Report on Friday will decide the next move.   A London fintech startup wants regular investors to get in on IPOs. It just lured former Goldman Sachs and JPMorgan execs. “Everyday investors are a vital part of the stock market and yet unable to buy discounted share deals.”   How Gold,…

Gold Daily Review for October 3, 2019 VIX Surges Above 20 on Recession Fears, Gold Jumps & Stocks Drop Recession fears are back on the rise and provided traders with a fresh dose of volatility to start 4Q19 with the VIX Index climbing above 20 while gold prices jump and the S&P 500 Index drops.   Gold starts consolidating daily gains, trades below $1,500 The XAU/USD pair build on Tuesday recovery gains and rose above the critical $1,500 mark before going into a consolidation phase a little below that l…

Gold Daily Review for October 2, 2019 Gold Price Slumps but Looks Oversold as US Dollar Continues to Soar Gold has shed around $70/oz. in the last week despite a mildly supportive, political backdrop. The US dollar however continues to strengthen forcing the precious lower.   Gold jumps above $1,480 after US data, USD tumbles Gold jumped from $1,463/oz to $1,485 hitting a fresh daily high. The yellow metal bounced sharply following the release of US data that triggered   Gold Forecast October 2, 2019 For additional up-to-date Forex Trading…

Gold Daily Review for October 1, 2019 Key UK Events: Brexit, FTSE Golden Cross and US NFPs Little in the way of headline UK data, aside from the latest PMI releases, but the Conservative Party should provide some useful headlines. -Subscribe to Dai…   Goldman Sachs Warning: One-Share One-Vote Or Else The Stock Will Suffer Wall Street is getting serious on shareholder rights.   Sterling (GBP) Price – Brexit Drivers and a FTSE ‘Golden Cross’ – Webinar Sterling is flat to marginally higher as the week opens with the Conservative…

Gold Daily Review for September 30, 2019 Gold slides to over 1-week lows, farther below $1500 mark Gold edged lower on the last trading day of the week and dropped to over one-week lows, below the key $1500 psychological mark during the early Europe   EURUSD, Gold, Nasdaq 100, Charts for Next Week Euro is probing fresh multi-year lows, may have its eye on French election gap; gold is working on completing a topping pattern, Nasdaq 100 holding big trend…   Buffett’s Deception On Gold Warren Buffett is not a…

Gold Daily Review for September 27, 2019 Gold Price Forecast: ETF Holdings Could Help Keep XAUUSD Afloat Despite a modest decline in the price of gold, the total known exchange traded fund holdings of the precious metal reveal that investors are still eager for exposure, which could help prices.   Gold Technical Outlook: Gold Prices Snap Back Ahead of Q4 Open The bullish trend in Gold prices is on the back foot as Q3 nears its end. But how aggressively can sellers push against this well-built topside theme?   Gold…