GOLD TODAY
GOLD TODAY
GOLD TODAY
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GOLD TODAY
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Official account for gold-related news, analysis and discussions.

Where Did You Gold? Possible Fall to $20 in Gold Price

Illustration photo of Gold Price H4 Chart from economies.com In the early Asian market, the gold price reported at around $1,820 per ounce. The gold price fell nearly 1% last Friday and fell for the second consecutive week. Spot gold closed at $1828.30 per ounce last Friday, down $18.08 or 0.98

Where Did You Gold? - Gold Price Tries to Recover

Illustration photo of Gold Price H4 Chart from economies.com Clear positive trades were provided by gold prices after finding near $1830 solid support, heading towards potentially $1863.85 key resistance. Notice there is a potential formation towards the positive that limits recent trades while tech

Where Did You Gold? - Gold Prices Fell Slightly with Biden's America Rescue Plan

Illustration photo of Gold Price H4 Chart from dailyfx.com Gold price fell slightly while the trend continued to consolidate and fluctuate, the U.S. benchmark index and U.S. Treasury yields rose and demand for gold has weakened. President-elect Biden has announced a $1.9 trillion fiscal stimulus pla

Where Did You Gold? - Analysis: Negative Patterns Affects Gold Price

Illustration photo of Gold Price H4 Chart from economies.com Yesterday, gold prices faced negative pressure to break the support line of the minor bullish channel that appears on the chart. This forms a bearish flag pattern that pushes the price to achieve more decline now, as the price begins today

Trump's Impeachment May Affect Gold

Illustration photo of Gold Price H4 Chart from dailyfx.com After experiencing resistance, gold continued at $1845. The 10-year U.S. Treasury yield retraced its gains, prompting the greenback to reverse its upward probe and limiting gold. There is optimism that President-elect Joe Biden will adopt fi

Gold Bulls May Rise Depending on the U.S. Dollar

Illustration photo of Gold Price H4 Chart from dailyfx.com Gold prices are relishing some relief after falling from the posted two-month high of around $1960 last week, or 7%. Spot gold sees a 0.6% advance and the slight recovery is less than 2%. From a technical point of view, Bullion’s 200-d

Gold Price Rebounds but U.S. Political Turmoil Raises Caution

Illustration photo of Gold Price H4 Chart from dailyfx.com Gold price rebounded to $1837 and pushed up to $1858 so there is still a market risk sentiment. The key driving factor is the political turmoil in the United States. The violent protests at the Capitol have escalated the difficulty of securi

Where Did You Gold? - Gold Moves Above Its 200-day Moving Average

Illustration photo of Gold Price H4 Chart from fxempire.com On Friday, gold prices plummeted $66 for the first time since December 2020, below its 200-day moving average. After trading to a low $1828, gold futures closed a low $1836, four dollars below its 200-day moving average. Today, gold o

Where Did You Gold? - U.S. Stimulus Measures May Affect Gold Price

Illustration photo of Gold Price H4 Chart from dailyfx.com Gold prices continue to consolidate near $1850. However, the greenback’s rise puts pressure on the precious metal. Current U.S. politics, new COVID-19 economic stimulus measures, impact of a global vaccination and the new coronavirus strain

Where Did You Gold? - Dollar Pressures Gold Downwards Amid Rising Yields

Illustration photo of Gold Price H4 Chart from dailyfx.com Gold prices plunged as much as 5% over a two-day period, the most since last September. The primary factors for the plunge are the climbing longer-dated U.S. Treasury yields and a rebound on the greenback. While other commodities such as cop

Where Did You Gold? - Gold Falls as U.S. Dollar Rises

Illustration photo of Gold Price H4 Chart from dailyfx.com Gold prices return to $1845 as risk decreases after the protests in the U.S. Capitol. The country’s economic stimulus is expected to revive and generate a favorable market outlook. However, there are four factors that may affect the market:

Where Did You Gold? - Bullish Trend Expected for Gold

Illustration photo of Gold Price H4 Chart from economies.com The intraday price for gold settled at a bullish channel’s support line as the 50-day exponential moving average (EMA50) protects trading by meeting the support inside the mentioned channel. Meanwhile, positive signals provided by stochast

Where Did You Gold? - Gold Down, Dollar Up

Illustration photo of Gold Price H4 Chart from fxempire.com The U.S. yields had a strong momentum while the dollar experienced an upward surge that pushed gold prices down. Sliding towards the 10-day line support of a $1902 moving average, resistance for the precious metal is seen near January highs

Where Did You Gold? - Gold Prices Affected by DC Riots

Illustration photo of Gold Price H4 Chart from fxempire.com Trump supporters stormed the nation’s capital after the Democrat Party’s win in the Georgia election causing chaos and crisis. The supporters were encouraged to march to Capitol Hill where armed protesters are currently occupying both Congr

Where Did You Gold? - $1,905 Support Confluence Eyed by XAU/USD Sellers

Illustration photo of Gold Price H4 Chart from fxstreet.com Earlier today gold dropped 0.08% to $1917.75 intraday. Sellers of the precious metal are looking for further favors as it took a u-turn from a short-term falling resistance line. This results in a confluence of a 10-day SMA and rising

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