Tag: Gold

Gold reversed from long-term resistnace level 2075.00• Likely to fall to support level 1900.00 Gold recently reversed down from the powerful long-term resistnace level 2075.00 (which stopped the previous sharp upward trend in the middle of 2020) – standing far above the daily and the weekly Bollinger Bands. The downard reversal from the resistnace level […]

European Forex news roundup: The euro continues to struggle in mixed trading. The atmosphere is tepid and uneven today, as the Russia-Ukraine conflict clouds continue to hang over markets. The upbeat tone from yesterday has faded, but there are no indications of larger concerns in the action thus far. European indices are mainly down, with […]

Gold prices rose in trading on Thursday, in conjunction with the continuing conflict between Russia and Ukraine, which boosted demand for the precious metal as a safe haven. Yesterday, Wednesday, gold prices ended down by more than $21, recording the first drop in 3 sessions, coinciding with the rise of the dollar and US stocks. […]

Gold prices rose today, Monday, at the beginning of the week’s trading, by about 25 dollars, to rise to the record level of 1914 dollars, after fears increased, after Russian President Vladimir Putin put the Russian nuclear deterrent on high alert. Palladium jumped about 6% as new Western sanctions against Russia increased and concerns over […]

Gold prices extended their upward trend in Thursday’s trading, to jump $60, with the escalation of geopolitical tensions in Eastern Europe. And Russian President Vladimir Putin’s decision to move troops to Ukraine pushed the prices of the yellow metal to rise by more than 3%, as investors flocked to safe havens. Gold Prices Today The […]

Gold prices are easing off a nine-month high as investors keep a watch on developments in Ukraine. On Tuesday, gold prices rose to their highest level in over nine months before retreating as investors repositioned near the crucial $1,900 per ounce level as they awaited additional developments in the Ukraine situation. By 10:47 a.m. ET […]

Gold prices fell today, Monday, after hitting their highest level in more than 8 months, at the beginning of the week’s trading. The plan of the US and Russian presidents to hold a summit on the Ukraine crisis led to a decline in the demand for safe haven, while looming further increases in federal interest […]

• 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 […]