Will Gold Weakness Persist In The Long Term?
Gold always enjoys a great start to the year on Chinese gold buying for the Lunar New year celebrations. Notably, in the last ten years, gold has gained in eight ...
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Tag: spot gold price
Gold (XAUUSD) Reaches 2-Month Tops, Encounters 61.8% Fibonacci Level
On January 6, gold attracted some dip-buying near the $1941 region and spiked to fresh two-month highs in the early European session. The precious metal was last seen hovering around ...
Gold (XAUUSD) Stronger On Weaker Dollar And Surging Coronavirus Cases
Gold was seen to steady itself near a one-week high on November 16, 2021, as the US dollar weakened. Also, fears over mounting COVID-19 cases have offset a risk rally ...
Gold Rising Amid Pandemic And Vaccine Worries
On November 13, gold rose as increasing COVID-19 infections worldwide re-ignited worries about the economic effect that may arise from the pandemic. Doubts over the reach of a possible coronavirus ...
Gold Is Jittery Awaiting US Elections Outcome
On November 3, gold prices edged down as cautious investors now await the outcome of the much-awaited US presidential election. Going into the election, President Trump was closely trailing Democrat ...
Gold (XAU/USD) Steady Below $1880, Bears Seek A Break Below $1871
On October 29, gold edged higher in the early European session and was last seen hovering near the top end of its daily range which is located just above the ...
Gold Bulls Seem Strong As The US Election Approaches
Currently, gold is moving sideways in the 21 ema zone. However, price action recently bounced significantly at the Fibonacci support levels. The XAU/USD is now testing the 21 ema zone ...
Gold (XAU/USD) Dismantles A Symmetrical Triangle Resistance, Where Will It Go Next?
Gold has been quite volatile in recent months. However, this October, the precious metal seems to be trading range-bound amid various factors affecting the global economy. The yellow metal built ...
Silver And Gold Trying To Rally, What Happens Next?
Gold, silver, and platinum are slightly higher on October 19. After several hours of consolidating, the short term charts show that the bulls are striving to take over. Nonetheless, the ...
Gold (XAU/USD) Consolidates At $1,900 As US Stimulus Hopes Increase
A stronger dollar held back gold near the $1,900 per ounce level on October 19 as US House Speaker Nancy Pelosi increased hopes for a coronavirus-related relief package before the ...