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During the Asian session, the price of gold failed to maintain the 1680 level, and we saw a new pullback towards the $1660 support level. We currently have a minor recovery to the $1665 level, but bearish pressure is still very much present on the ...
The price of gold rallied after the US Labor Department reported a slightly higher than expected unemployment rate for August. For the beginning, we need a break above the previous high from Friday and test the $1720 level. Gold has support at the ...
The price of gold continues its recovery this week with a level of $1,728. At the beginning of the Asian session, the price consolidated around $1750, followed by a bullish impulse that pushed the price above the $1760 level, and then we see the ...
The price of gold continues this week’s bullish trend after falling to the $1730 level. Yesterday, the price of gold managed to climb above the $1750 level. During the Asian trading session, the price of gold was stable and found support above the ...
The price of gold continues its bearish trend from last week, dropping from $1750 to the $1730 level. The dollar index continues to strengthen, which affects all commodities denominated in dollars. Currently, the price has stopped at the $1730 ...
The price of gold retreated from the $1800 level, and during the Asian trading session, the price fell to the $1790 level. In the European session, we see the continuation of the retreat of the gold price to the $1772 level. Chances are increasing ...
The price of gold continues its bullish trend after confirming support at $1750 twice yesterday. During the Asian session, the price of gold was in a strong bullish impulse, and it continued during the European session. The current price of gold is ...
Yesterday, the five-day bullish trend of the gold price was stopped at $1788. Shortly after reaching the maximum, the price retreated to the $1753 level. During the Asian session, the price recovered to the $1770 level, where we again encountered an ...
During Asian trading, the price of gold was in the range of $1760-1765, and during the European session, the price of gold continued to rise to the $1775 level. We must stay above the $1770 level to continue the bullish option. If we could do that, ...
For the fourth day already, the price of gold is moving sideways in the $1730-1750 range. This morning the price went down at one point to $1723 but quickly returned to the $1739 level. Today’s movement is relatively calm, and most days, it takes ...
The price of gold fell by $50.00 yesterday, from $1810 to the $1760 level. During the Asian trading session, we saw a recovery to the $1770 level. But we did not stay there for long, and the price went down again to the previous low of $1760. We ...
The price of gold continues its ten-day bearish trend, and today a new lower low was formed at the $1808 level. The dollar continued to strengthen and climbed well above the 105.00 level, which negatively affects all goods denominated in dollars. ...
During the Asian trade, the price of gold rose. The United States, the United Kingdom, Canada, and Japan have decided to impose sanctions on the import of gold from Russia. High inflation and fear of recession keep gold on investors ’radar. However, ...
During Asian trading, the price of gold rose to $ 1,840. The summit of the leaders of the group of G7 states made a new decision on sanctions against Russia. Namely, the sanctions will include a ban on importing Russian gold, which caused increased ...
During Asian trading, the price of gold dropped from the $ 1840 level, and now we will test the $ 1830 level. Financial markets estimate that there is a 98% chance that the US Federal Reserve will increase the reference interest rate again by 0.75% ...
During the Asian trading session, the price of gold consolidated at around $ 1840. Today’s movement was in the range of $ 1835-1845. What is important to us is the formation of a new lower high, and that is a sign for us to continue the bearish ...
During the Asian trading session, the price of gold fell from its high of $ 1879 this month as US inflation data increased bond yields and reduced investor interest in buying gold. The price is now at $ 1854 and slides further towards the $ 1850 ...
During Asian trading, the price of gold continued to be around 1850 dollars on a consolidated basis. The increase in yields on U.S. government bonds pushed the price of gold down. The ten-year bond again yields more than 3% in competition for ...
During the Asian trading session, the price of gold consolidated after the withdrawal from Friday. A report from the American labor market for May showed a better picture of the American economy, which tripped over gold on Friday. The slowdown in ...
During the Asian session, the price of gold rose. Yesterday, the price of gold recovered after the meeting between Joe Biden, the President of the USA, and Jerome Powell, the first man of the Fed. The meeting was interpreted as a slight pressure on ...