# XAUUSD

#XAUUSD

False Breakout Could Be About to Send Gold Reeling

The past six months have proved relatively positive for gold as the metal has continued to make headway over a cooling U.S. Domestic economy. However, the past few days have proved...
Gold

Gold Reaches a Key Reversal Zone

Gold has proved relatively triumphant over the past few weeks as the precious metal has continued to trade within the relatively safety of a rising channel. However, the metal’s price action...
Gold

Is Gold Really Recovering or will it Correct Lower this Week?

Gold reversed its fortunes somewhat last week, moving higher and ending what has been its worst tranche of losses in a while. As a result, it may be worth taking a closer...
Gold

Trump becomes Gold’s best friend

Gold swiftly regained its safe haven lustre on Wednesday after wave upon wave of uncertainty swirling around Donald Trump weathered risk sentiment. Concerns have skyrocketed over the current political turmoil in the...
Gold

Why Gold Is Moving Higher

Major ingredients pushing the gold price higher. The dollar weakness is playing its part and the yellow metal is shining as a result of this. There are two major ingredients which mostly...

Gold Nearing a Key Bullish Turning Point

The past 24 hours has seen Gold rally to a key medium term inflection point as the metal’s price action closes in on a bullish cross of the moving averages. It would...
Gold

Oil Spills As Gold and Silver Shine

Oil hits a crude inventory wall overnight as gold basks in the afterglow of White House induced safe-haven buying. OIL The vulnerability of OPEC’s “forward guidance” rhetoric was starkly revealed late in the...
Gold

Dollar still sinking, Gold trading higher

Precious metals traded in the green on Tuesday with gold ticking higher for the fourth consecutive session as the geopolitical and economic worries continued to shake investors’ confidence. Market watchers traded cautiously amid...
Gold

Gold lower despite Trump tax plan worries

Precious metals traded in the red on Thursday with gold edging down, mostly led by decreasing global geopolitical risks. However, market watchers remained concerned regarding the US President Donald Trump’s tax plan...
Gold

XAU/USD – Gold Moves Close to $1300 as North Korean Crisis Continues

Gold has posted gains on Tuesday, erasing most of the losses which marked the Monday session. In North American trade, gold is trading at $1289.78 per ounce. On the release front, US...
Gold

Gold, silver hit five-month highs

Gold and silver traded at five-month highs on Wednesday as worries over geopolitical tensions boosted safe haven demand. Investors were attracted to less risky assets as concerns loomed over US military action...

Gold becomes more attractive

It seems almost surreal that another war might be on the horizon for the United states, but that could be very much be the case in the near future. Markets are responding...

Gold catches traders eyes

Markets have been very interesting as of late, and one the most interesting movers in the market thus far has been gold. The hedge of risk is once again taken a major...

Gold’s Consolidation Phase Poised to Continue

Gold is fast approaching a critical resistance level which could mean we have a few torrid weeks ahead of us. Specifically, on the one hand, the metal’s underlying bullish sentiment remains...
Gold

Gold Prices Aren’t Behaving in Practice as They Should in Theory

The Federal Reserve’s decision to raise interest rates on December 14 should have been the death bell for gold, a commodity that is highly sensitive to monetary policy. But something very...

Gold below $1,250 on Fed rate hike hints

Precious metals traded in the red on Wednesday as investors grew more confident of another US Federal Reserve interest rate hike later in the year. The US dollar strengthened and stocks rose...

Gold Prices Look to Fed Commentary for Direction Cues

Gold prices continued to rise as front-end US Treasury yields declined, touching the lowest level in a month. Not surprisingly, this bolstered the relative appeal of non-interest-bearing assets including the yellow metal....
Gold

Gold Pullback Could Be Temporary

The precious metal is under pressure but not for long as the fundamentals are still supporting the upward bias. SPDR gold trust ETF holding has dropped further yesterday from 834 metric tons...

Gold Prices Could Have a Rough Few Weeks Ahead

Despite a slowing rate of decline, gold could have further downsides on offer moving ahead. Specifically, the shift in the metal’s technical bias should see it back at around the 1180.00...
Gold

Gold bears continue to dominate

Gold continues to be right in the cross hairs of the bears in the market, as US economic data continues to show a large amount of hope and as Trumps 1...
Gold

Gold extends losses; All eyes on US jobs report

The dollar remains relatively strong, posting gains against most major counterparts with the exception of the euro which was helped in the aftermath of yesterday’s ECB meeting and subsequent press conference...
Gold

Gold enters into bearish trend; SGX proposes lunch break

US equity indices continued to consolidate last night as the market tried to price in a 96% chance of a rate hike in March. Traders might want to strike the right balance...

Gold Prices Pull Back Toward February Low On Fed Hopes

Crude oil prices remain trapped in the consolidation of 2017 that followed the dramatic rise over the majority of 2016 after falling as low as $26/bbl in February. On Monday, the fundamentals of...
Gold

Is it Time for Gold to Resume its Rally?

Sentiment should be returning to the gold markets this week as the metal looks as though it’s ready to begin tracking higher once more. Specifically, we seem to have reached another turning...
Gold

Gold Prices Narrowly Avoid Breakdown As Fed Rate Hike Bets Swell

Gold prices rebounded from session lows put in amid the return of the “Trump trade” as the PCE gauge of US inflation – the Fed’s favored price growth measure – undershot expectations. The on-year rate registered at 1.9...

Is Gold Facing a Reversal Back Towards $1200?

Gold has seen a resurgence over the past few months as the metal has seemingly rallied from the December $1122.75 low as it clawed its way back above the key $1200...
Gold

Gold at 3-month highs on softer dollar after Mnuchin comments

Gold consolidated gains at a 3-month high as the US dollar was on track to end the week with losses. The greenback touched a 2-week low against the yen on Thursday...

Gold higher on weaker Dollar

Precious metals traded in the green on Thursday as the dollar declined from its one-month high after a series of positive economic data releases in the United States yesterday. Gold traded higher, continuing...
Gold

Gold under pressure as dollar firms on Trump tax pledge; China trade surplus widens

The strength of the dollar followed through from yesterday’s US session on President Donald Trump’s tax pledge. Meanwhile, upbeat trade data out of China showed signs of stability in the world’s...

January Gold Rush: Bullion Rallies to Ten-Week Highs on Falling Dollar, Trump Rhetoric

After a stellar month of January, gold prices surged to two-and-a-half month highs last week, as a tumbling U.S. dollar and geopolitical risks boosted demand for haven commodities. Spot gold (XAU/USD) settled...

LATEST

Oil edges up, but still set for worst first half performance in 20 years

Oil
Oil edged up on Friday, recovering some of the steep falls earlier in the week, but crude...

Oil-linked currencies gain with the commodity’s rise; dollar retreats

Brent Oil
As the Asian trading session is coming to a close, the dollar is modestly down while commodity-linked...

Will Silver be Impacted by Rising Fed Hawkishness?

Silver
Silver has continued to see concerted selling pressure as price action remains trapped within the confines of...

Is the USDJPY Rally Ready to Resume?

Japanese Yen
The Dollar Yen’s resurgence has been moderated over the past few days by the presence of the...

Markets: The Week Ahead 23rd June 2017

Euro
A snapshot view of the calendar for next week and commentary on potential catalyst of data of...
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