Gold Returns to Bearish Area
Gold came under fresh selling pressure after rising as high as 1,952 in the first trading day […]
Gold Price Starts Downside Correction, $1,915 Is The Key
Key Highlights Gold price struggled near $1,950 and corrected lower. It traded below a declining […]
Market Caution Returns On China Woes
Asian markets were painted red on Tuesday with Chinese stocks leading losses as disappointing PMI […]
Gold (XAUUSD) Is at Area Where It Can Pullback
Short Term Elliott Wave structure in Gold (XAUUSD) suggests the drop in Gold on August […]
Dollar Slumps on ADP Miss, Gold Extending Rally
Dollar is facing accelerated selloff following the release of disappointing ADP private employment data, which […]
XAU/USD: Recovery May Extend Further on Fading US Rate Hike Prospects
Gold price is holding within a narrow consolidation on Wednesday, following 0.9% acceleration on Tuesday. […]
Gold Probably Ending a Short-term Bounce
Gold’s rally appears to be running out of steam after a 2% rally since the […]
European Currencies Hit New Lows, Precious Metals on the Rise
European currencies, along with the yen and commodity currencies, came under pressure again last week. […]
Euro Underperforms Amid Weak German Consumer Sentiment; Gold Gains Momentum
Euro is trading lower across the board today, additionally dragged down by weaker-than-expected consumer sentiment […]
Gold Reclaims 200-day SMA After Bouncing Off 5-month Low
Gold had been experiencing a strong pullback following its recent peak at 1,987, with the price […]
XAU/USD: Gold Price Climbs to Two-Week High
Recovery leg from $1884 (Aug 17/21 double-bottom) extends into fourth straight day and hit two-week […]
Silver accelerates up, taking Gold higher
Silver’s impressive rally intensified yesterday, pulling Gold upwards in its wake. This surge seems to […]