# XAUUSD

#XAUUSD

Gold Follows the Silver Bullet Higher

Gold shrugs of a stronger dollar to post an impressive recovery, but it is silver’s rally that will have grabbed technical analysts attention. Gold Down, but not out, best describes gold’s price action...
Gold Commodity

Gold steady near 2-mth highs as N. Korea tensions continue

Gold prices held steady after touching their highest in more than two months on Friday, as rising tensions between the United States and North Korea triggered safe-haven buying. "Much of the rally (in gold)...

Gold Rallies in the Face of Increased Geopolitical Risk

Gold prices firmed overnight to close around the $1260.75 an ounce mark as the precious metal reacted to a range of increased risk emanating from renewed tension on the Korean Peninsula....
Gold Commodity

How To Trade Gold Ahead of US NFP

US NFP would impact the gold price Technicals are showing some important signals Investors have one focus, which is what the impact of the US non-farm payroll data on the Fed...

Is Gold’s Corrective Wave Entering its Final Stages?

Gold prices have been on the mend in recent weeks but, in doing so, they could be preparing the metal for another slide to the downside in the near-term. Indeed, the...

Is Gold Making a Beeline for the 1180.00 Handle?

As a result of a breakout below its long-term trendline, gold has ostensibly confirmed recent fears that the metal’s trajectory is going to be rather bearish moving ahead. Indeed, Monday’s nearly...

Gold trades higher ahead of Yellen speech

Precious metals traded mostly in the green on Tuesday with gold reversing losses as investors continued to anticipate a string of United States Federal Reserve members' speeches set for later in...

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 Commodity

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 Commodity

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...
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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 Commodity

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...
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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 Commodity

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 Commodity

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 Commodity

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 Commodity

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...
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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 Commodity

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...
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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 Commodity

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 Commodity

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...

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Oil steadies on tighter U.S. market, expected OPEC cuts

Oil Commodity
Oil prices steadied on Thursday, holding onto most recent gains, supported by OPEC-led supply cuts, tension in...

UK Retail Sales Weak in Q3, Pound Falls

Data from the Office for National Statistics this morning showed that U.K retail sales fell by more...

Kiwi sinks as Peters supports Labour Party; aussie slips as China’s growth softens

New Zealand Dollar Currency NZD
A day after China’s twice-in-a-decade Communist Party Congress commenced, statistics out of China showed that the economy...

Catalonia deadline day, and EU summit in focus

US markets once again saw record highs yesterday with IBM leading the way, posting its best one...

NZD/USD: Flows Point To Downside Risk S/T On Strong Real Money Selling

New Zealand Dollar Currency NZD
Bank of America Merrill Lynch FX Strategy Research notes that its latest proprietary flows show officials selling the...
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