Tag: Gold

Gold prices rise by $19 as the Ukrainian crisis escalates Gold prices rose more than 19 dollars, during trading on Monday, recording their highest levels since mid-March; The uncertainty surrounding the Russian-Ukrainian conflict dampened risk sentiment and pushed investors towards bullion safety. This comes with the escalation of tensions in the Ukraine crisis; Several explosions […]

Gold prices fell in trading on Thursday, with the stability of high-risk assets, but the precious metal is still heading towards achieving a second consecutive weekly gain, driven by the safe haven demand caused by the Ukrainian crisis and the expansion of inflationary pressures. On Wednesday, gold prices ended higher, for the fifth consecutive session, […]

• Gold broke resistance level 1960.00• Likely to rise to resistance level 2000.00 Gold recently broke the resistance level 1960.00 (which stopped the previous corrective wave A at the end of March). The breakout of the resistance level 1960.00 coincided with the breakout of the 38.2% Fibonacci correction of the previous downward wave (A). Gold […]

Gold prices rose during trading on Monday, supported by the uncertainty about the Russian-Ukrainian war, in addition to the closures in China to control the Corona virus. The US Treasury bond yields and the high dollar deprived the yellow metal of achieving gains, after it had started today’s trading with a decline. Gold Prices Today […]

Gold prices rose in trading on Monday, with anticipation of the situation in Eastern Europe, amid expectations of imposing more sanctions on Russia, which supported the precious metal, which is considered a safe haven against geopolitical tensions. Gold prices started their trading on a decline, today, Monday, with the stability of dollar and treasury returns […]

Gold prices increased on Thursday, although the safe-haven metal is poised to post its biggest quarterly gain since September 2020. The war between Russia and Ukraine – which erupted on February 24 last – led to a decline in the appetite for risk and raised the attractiveness of the precious metal. Yesterday, Wednesday, gold prices […]

• Gold reversed from the key support level 1900.00• Likely to rise to resistance level 1960.00 Gold recently reversed up with the daily Hammer from the key support level 1900.00 (which has been repeatedly reversing the price from the middle of February). The support zone near the support level 1900.00 was strengthened by the lower […]

• Gold broke key support level 1950.00• Likely to fall to support level 1880.00 Gold recently broke the key support level 1950.00, intersecting with the 38.2% Fibonacci correction of the upward impulse from January. The breakout of the support level 1950.00 coincided with the breakout of the support trendline of the daily up channel from […]

Gold prices are down $24, the biggest drop in a week Gold prices fell more than $24 in trading on Tuesday, the largest drop in a week, supported by a rise in US Treasury yields. The decline comes as investors await the US Federal Reserve’s decision to raise interest rates, as well as renewed hopes […]

Gold prices fell on Friday, with US Treasury yields rising overnight, on the back of rising inflation data. Despite the decline, the precious metal is heading for a second consecutive weekly gain, supported by growing fears of political tensions, as talks between Russia and Ukraine have made no progress. And gold prices ended their trading, […]