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Gold Daily Review August 26, 2019

Gold Daily Review for August 26, 2019

Crude Oil, Equities Risk Downside Breakout as Gold Prices Rally

Crude oil prices and equities turned sharply lower towards the end of last week, eyeing support as gold prices closed at their highest since April 2013. Where do we go from here?

 

US Dollar, Yen, Gold Prices Eye GDP Data, Trade Wars for Direction

The US Dollar, Japanese Yen and gold prices look to US GDP data as well as the escalating US-China trade war for directional cues.

 

Gold Prices May Rise if US GDP Data Boosts Fed Rate Cut Bets

Gold prices may be given a tailwind if US GDP data underwhelms and bolsters the case for accommodative policy measures, increasing the appeal of holding non-interest-bearing assets.

 

Gold Price Forecast: Making Another Run at Long-term Resistance

Gold price has been acting well following a test of major long-term resistance, a little more time could set it up well for another attempt to run higher.

 

GOLDMAN SACHS: These are the 12 stocks most loved by hedge funds | Markets Insider

Hedge funds disclosed their most recent holdings in public filings earlier this month, providing a window into which companies some of the world’s mos…

 

Gold Forecast August 26, 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 prices set on the 127% Fibo extension target

Spot prices rallied to a high of $1,530.22 from a low of $1,493 on the day, ending 1.86% higher ahead of what is expected to be a bullish open in Sydn

 

Gold Prices Climb to Fresh 2019 High as US and China Boost Tariffs

Growing tensions between the US and China are likely to keep the price of gold afloat as there appears to be a flight to safety.

 

Gold: Risk aversion takes a halt after US/China headlines aim to calm trade war fears

Having surged to the fresh high since April 2013, Gold declines to the intra-day low of $1,538.50, before taking rounds to $1541.60, by early Monday.

 

Have a nice trading!




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