Gold News Reviews 

Gold Daily Review January 7, 2019

Gold Daily Review for January 7, 2019

Gold Price: Rally Stalls Ahead of US Jobs Report, Fed Speak

Gold remains below $1,300/oz. as traders wait for an update on the state of the US economy from the latest monthly US job release.

 

Gold Weekly Technical Outlook: Bulls Stopped Short Ahead of Key Level

Gold prices have posted a three-week winning streak with the advance stalling just ahead of key resistance. Here are the levels that matter on the

 

Gold recovers modestly from daily lows, stays in red near $1285

After finding resistance a little below the critical $1300 mark earlier in the day, the precious metal started to erase this week’s gains and extended

 

Gold falls for the day, edges up for the week; palladium settles at a record

Gold declined Friday as stronger-than-expected data on U.S. jobs contributed to a rally in the U.S. stock market, but it still managed to edge slightl

 

U[PDATE: Netflix shares soar 9% as Goldman adds stock to its Conviction List

Netflix Inc. shares NFLX, +9.72% soared more than 9% Friday, after Goldman Sachs added the stock to its Conviction List and said a pullback from recor

 

Topped out? Value of gold calls has backed off from eight-month highs

Gold one-month 25 delta risk reversals (XAU1MRR) are currently trading at 1.7 in favor of calls, having hit an eight-month high of 2.2 on Dec. 27. Th

 

Gold: bid early on USD weakness

Gold is currently reporting a 0.30 percent gain at $1,287, having bounced off the 200-HMA on Friday. The yellow metal is likely benefitting from the

 

Goldman Sachs cuts 2019 oil price forecast

The investment bank Goldman Sachs has cut both the Brent and WTI oil price forecast by 2019, according to Bloomberg. Brent is now seen averaging $62.

 

Have a nice trading!




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