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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.

 

Gold Forecast December 2, 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 reports losses as China data beats estimates

Gold is flashing red in Asia, as stocks are gaining ground, possibly on the back of upbeat China data. At press time, the anti-risk yellow metal is tr

 

Gold Price to Track November Range as Traders Eye US-China Trade Talk

The price of gold may continue to track the range bound price action from November amid the uncertainty surrounding the US-China trade negotiation.

 

Have a nice trading!




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