#Goldboom#
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Gold futures rose Monday to post their first gain in three sessions, finding support as the so-called “phase one” of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week.
Gold Holds the Line: $4,200 Defense Ahead of Fed Policy Showdown
Gold is holding firm at a critical juncture as markets brace for the Federal Reserve’s policy decision. Early Wednesday trading saw the precious metal defend the $4,200 level, a price point that coincides with the 61.8% Fibonacci retracement, often viewed as a decisive technical marker by traders. T
Gold Prices Stay Volatile Ahead of Fed Decision
Gold (XAU/USD) continues to trade in a choppy and uncertain fashion, oscillating within a tight $40 range around the $4,200 mark on Tuesday. The long wicks on recent daily candles underscore the market’s hesitation, as traders and investors await clarity from the Federal Reserve’s policy decision sc
Forex Today: Dollar rebound knocks off Gold from record highs, US stimulus talks eyed
Here is what you need to know on Tuesday, July 28:
The US dollar witnessed fresh signs of life on Tuesday, as it staged a solid comeback across its main competitors. The greenback retraced some of its previous declines, helped by the souring sentiment on the Asian equities.
Also, expectations that t
- William ambriz :hello
- Becky Kate :Interesting to see the greenback fighting back - but also hoping for the yellow metal to give another push upwards!
