Gold News Reviews 

Gold Daily Review July 24, 2019

Gold Daily Review for July 24, 2019

Spot Gold: Percentage of Traders Net-Long is at its Highest Since 27 May

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.

 

Gold technical analysis: Consolidates in a range around 50% Fibo. level

Meanwhile, technical indicators on the 1-hourly chart have already started recovering from the negative territory and maintained their bullish bias on

 

Gold Heats Up and Silver Joins the Race

Now that gold has broken through the $1,450 an ounce level, a six-high year high, the next big test is $1,500. We may end up seeing those conditions emerge sooner rather than later.

 

Gold Price Pulls Back, XAU Bulls Show at Higher-Low Support

Gold prices exploded last week with a gust of USD-weakness pricing-in, but GLD price action has since pulled back to find support at prior resistance.

 

Weekly Technical Forecast: Dow Eases Back from Record, Dollar Struggles to Light Fuse, Gold Holds Its Break

There is a clear inconsistency in both activity level and bearing across the standard benchmarks of the speculative markets. With the Dollar suffering a jolt without a trend, Dow and other indices hanging just shy of record highs and gold breaking higher in stages; we are seeing more volatility that

 

Gold holds tight above $1,400 as market weighs up 25 and 50 basis point cut scenarios

Gold prices have entered the final hour of Wall Street’s trade on Monday, around flat for the session at $1,427, having stuck to a tight $1,422 and $1

 

Gold: Bullsih, 0-3M target at $1450/oz – CitiBank

In their weekly strategy report, analysts at Citibank remain bullish on gold and see price moving above $1500/oz in a six to twelve months period. Key

 

Applied Materials, Lam Research stocks rise after Goldman turns bullish

Goldman Sachs analyst Toshiya Hari upgraded Applied Materials Inc. and Lam Research Corp. shares to buy from neutral on Monday, while also upgrading KLA…

 

Micron stock gains after Goldman upgrade

Shares of Micron Technology Inc. are up 2.7% in premarket trading Monday after Goldman Sachs analyst Mark Delaney upgraded the stock to buy from neutral,…

 

Weekly Trade Levels: US Dollar, EUR/USD, NZD/USD, USD/CAD, Gold & Oil

https://www.dailyfx.com/forex/video/live_events/2019/07/22/Weekly-Trade-Levels-US-Dollar-EUR-USD-NZD-USD-USD-CAD-Gold-Oil-Technical–Price-Chart-OutlookMBCS7…

 

Gold Forecast July 23, 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 technical analysis: Gold bears in control, headed for a test of the 20-DMA

Gold support has given way to a move back into the symmetrical triangle. The 20-day moving average is now a key target on the downside. Gold had been

 

Gold, Crude Oil Prices May Fall on Downbeat IMF Global Outlook

Gold and crude oil prices may fall as the IMF sounds the alarm on slowing global growth, driving haven demand for the US Dollar.

 

Gold: Greenback buyers, risk-on drive safe-haven to multi-day low

With the USD buyers cheering recent positive news/headlines, Gold drops to multi-day low as it makes the rounds to $1,417 during early Tuesday.

 

Gold Price Testing Support, Silver Stalling at Long-term Resistance

Last week, strength subsided late and is continuing on into this week; this has the recent breakout in question for gold while silver may struggle at long-term threshold.

 

Gold off lows, still in the red near $1420 area

Gold held on to its weaker tone through the mid-European session, albeit has managed to pare some of its early losses to $1414 area, or multi-day lows

 

Gold Prices Continue to Exhibit Strength Despite the US Dollar Breakout

Gold prices could care less that the US Dollar (via the DXY Index) is breaking its downtrend from the May high.

 

Gold technical analysis: Rebounds from $1414 area, retests overnight swing high

With technical indicators on hourly charts recovering from the negative territory, a follow-through buying beyond the current congestion zone might no

 

Gold logs biggest 1-day loss in nearly 2 weeks; silver ends at 1-year high

Gold futures settled lower on Tuesday, posting their biggest single-session decline for a most-active contract since July 11. “Traders have already…

 

Gold Forecast July 24, 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 to average $1,400 for the rest of the year – TD Securities

Gold will likely average $1,400 for the balance of the year, as stable inflation and decent US economic numbers will keep trades from pricing aggressi

 

Have a nice trading!




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