Gold Breaks Major Support $1256, Decline Till $1230 Is Possible - Good to Sell on Rallies Major support - $1256 (200 day 4H MA) Major intraday resistance - $1265 The yellow metal has declined drastically on stronger dollar and declined 1.5% yesterday...
Gold Attempts Recovery from FOMC-Minutes-Led Slide Gold found support once again at 1255 levels in early Asia, and from there takes on the recovery mode as the greenback moves-off seven-week tops reached a day before against its major peers after the FOMC minutes...
Gold Holds Near-Term Trading Range ahead of Fed Minutes Gold once again retreated from $1280 level and dropped back to $1270 level, holding its near-term trading pattern within a narrow range...
FxWirePro: Gold Trades Lower on revived Rate Hike Expectations, Good to Sell on Rallies Gold has slightly retreated after making high of $1282 on revived rate hopes expectations...
Gold Retreats Further to $1270 ahead of US CPI Data After retreating from session high of $1288 on Monday, Gold turned back from $1280-81 area on Tuesday and dropped to $1269 despite of weakness in the greenback. Weakening US Dollar is looked upon for increasing appetite for the precious metal...
FxWirePro: Gold Hovers Around $1280, Good to Buy on Dips XAU/USD is currently trading around $1279 mark. It made intraday high at $1280 and low at $1273 levels. Intraday bias remains bullish till the time pair holds immediate support at $1270 marks...
Gold Inches Higher Post Disappointing US Economic Data Gold extended its bid tone after the release of disappointing Empire State manufacturing index from the US, lifting the yellow metal to a six-day high level of $1288.77...
Gold Firmer, $ 1300 Back on Sight ahead of US CPI, Fed Minutes Gold kicked-off the week on a brighter note and now extends gains for the second straight day this Monday, on the back of poor China dataflow and a broadly weaker US dollar...
Gold Demand in First Quarter Breaks All Record Demand for Gold, shot up in first quarter of 2016, to 1289.8 tons, surpassing all previous first quarter record and supply for the quarter, according to report from World Gold Council. Overall demand was 21% higher than previous year...
Gold Attempts a Tepid Bounce Towards $ 1270 The yellow metal stalled its selling spiral and now makes fresh recovery attempts from 1266 lows, despite broad based US dollar strength and a slightly hawkish BOE documents. Gold holds above 20-DMA support Currently, gold trades -0.76% lower at 1267...
FxWirePro: Gold Dips in Early Asia and Now Stabilizes Above $1270, Intraday Bias Remains Neutral XAU/USD is currently trading around $1272 mark. It made intraday high at $1278 and low at $1271 levels. Intraday bias remains neutral till the time pair holds immediate support at $1272 marks...
Gold Firmer, Re-takes $ 1270 Amid USD Weakness The yellow metal extends its recovery mode into a second straight session this Wednesday, benefiting from a sudden bout of risk-aversion seen across the markets over the last hour. Gold eyes 5-DMA at $ 1272.48 Currently, gold trades +0...
Gold Drops to Lows Near $1,270 The troy ounce of the precious metal is trading on a negative fashion on Monday, coming down to test the vicinity of $1,270, or daily lows...
Gold 'out of sync' with VIX, Takes Lead from USD/JPY One of the most striking features of the 2016 Gold rally is the decoupling with the VIX from a macro-level perspective, especially during mid-February...
Technical Reviews for Gold and Silver (May 2016) Content courtesy of Tallinex Limited https://www.tallinex.com GOLD (XAUUSD) Dominant bias: Bullish Gold was quite choppy during the first three weeks of April - characterized by short-term upswings and downswings, all in the context of an uptrend...
Gold Side-Lined Below $1280 Ahead of US NFP The yellow metal currently consolidates its overnight rise amid cautious trades as all eyes now remain on the highly influential US employment data due later today...
Gold Slides Further Below $1280 Ahead of ADP Report After failing to sustain above $1300 mark, Gold bulls continue to lose grip as the precious metal extends its slide below $1280 level...
FxWirePro: Gold Hits Fresh 15-Month High, Scope for Further Upside The yellow metal surged higher on Monday as the bright metal was lifted higher by weak dollar and negative US factory data. Data released from the US market showed index of national factory activity slipped to 50...
Gold Inching Higher to Reclaim $1300 Level Risk-off sentiment across global financial markets and broader USD weakness continues to boost demand for Gold, which has now moved within striking distance of reclaiming $1300 level for the first time since Jan. 2015...
Gold rose for a third straight session on Wednesday, but pared gains after the U.S. Federal Reserve held interest rates unchanged but left the door ajar to a hike in June. The U.S...
