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Gold remained on the defensive for the second trading day in a row as the US dollar continued to ...
Gold weakened $22 in the last trading session as the dollar rebounded taking Gold to $835 lows. Immediate support comes at $931 (long term trend-line & 55 Daily EMA) with the charts yet to correct to being oversold. Cautious long positions can be ...
Silver Report: After moving higher with gold in the early session silver managed to overcome pressure from a stronger US currency and finished flat for the day. In effect a stronger greenback tends to pressure all dollar denominated commodities by ...
Initially gold went higher but following the strengthening in the US dollar it ended the trading session into negative territory. However the $2.90 decline in gold seemed to be a consequence of longs liquidating to book profits rather than investors ...
Helped by the widely debated re emergence of some weakness in the US dollar, gold finished modestly higher yesterday gaining $1.95 to settle at $955.75/oz. Initially some physical buying added support to the yellow metal but towards closing time the ...
Gold remained on the defensive for the second trading day in a row as the US dollar continued to ...
Gold remained on the defensive for the second trading day in a row as the US dollar continued to appreciate against the Euro supported by global equity markets weakness, general risk aversion and a downgrade to Standard & Poor's credit rating for ...
Gold plunged $31 as Dollar strengthened across the majors. Gold as expected retraced to take support around $952 (21 Daily EMA and trendline support). The charts are reaching the oversold territory and decisive break of this support can take Gold to ...