View full page at metalsmine.com

 

Gold Is Still Supported by Geopolitical Tensions

From dailyforex.com

The US dollar recovered at the beginning of this week’s trading. This did not prevent the price of gold (XAU/USD) from maintaining the gains of investors’ demand for it as a safe haven, and it continued to trade yesterday in the range between the level of 1908 dollars and the level of 1927 dollars per ounce. The price of gold (XAU/USD) jumped during the Friday session at the highest daily performance since last March.In addition to global geopolitical tensions, led by anxiety in the Middle East region, traders are also closely monitoring the latest economic data and awaiting a crowded lineup of Fed speakers for clues ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis