Tag: Gold
• Gold broke key resistance level 1875.00 • Likely to rise to resistance level 1920.00 Gold continues to rise after the earlier breakout of the key resistance level 1875.00, which was set as the likely upward target in earlier forecast of this instrument. The breakout of the resistance level 1875.00 should accelerate the active short-term […]
Gold prices rose in trading on Thursday, after news of the return of tensions between Russia and Ukraine, in the wake of a Russian report that mortar shells were fired in eastern Ukraine, prompting investors to resort to safe assets. Yesterday, Wednesday, gold prices ended up by about $15, with the dollar and US stocks […]
• Gold reversed from support zone • Likely to rise to resistance level 1875.00 Gold recently reversed up from the support zone located between the key support level 1850.00 (previous resistance from January) and the 50% Fibonacci correction of the previous sharp upward impulse from last week. The upward reversal from this support zone continues […]
Gold prices fell today, Monday, in spot transactions, abandoning the highest level it reached in 3 months, which was recorded in the previous session. The decline in the yellow metal is strongly influenced by the dollar and bond yields, although losses were limited; Increasing tensions surrounding Ukraine have supported the demand for safe haven. Gold […]
Gold prices fell in trading today, Thursday; Investors are cautiously awaiting US inflation data that may provide new clues about the pace of monetary tightening by the Federal Reserve. And gold prices ended their trading on the rise, yesterday, Wednesday; To continue rising for the fourth consecutive session, with the US dollar falling. Gold Prices […]
Gold prices retreat from the highest level in a week Gold prices fell on Tuesday, but remained near their highest levels in a week, pending the release of US inflation data for January, which is crucial to the Federal Reserve’s tapering schedule. This comes with continued fears between Russia and Ukraine, which supported the yellow […]
Gold prices fell in trading today, Thursday, and hovered near the highest level in the previous session. The decline in the yellow metal comes as the US dollar regains strength ahead of central bank meetings in Britain and Europe as their economies grapple with rising inflation risks. Gold Prices Today The price of gold futures […]
Gold prices are rising and heading for the largest monthly decline since September Gold prices rose in trading on Monday, but the precious metal is heading for the largest monthly decline since last September. This comes amid market expectations that the US Federal Reserve will raise interest rates on the back of key economic data, […]
Gold prices fell in trading Thursday, with the US dollar rising, after indications that the Federal Reserve will tighten monetary policy, and intend to raise interest rates starting next March. Geopolitical concerns about an imminent war between Russia and Ukraine have limited fears amidst the demand for the yellow metal as a safe haven. Gold […]
Gold prices fell on Tuesday, awaiting signs of a rate hike during the US Federal Reserve policy meeting, which begins today. Concerns about an acceleration of policy tightening by the US Federal Reserve have opposed the safe haven request, which has been fueled by escalating tensions over Ukraine. Gold prices rose about $10 at the […]
