Gold

The precious metal is trading subdued with price action firmly stuck within Friday's range. With both the Asian and US markets closed, trading in the precious metal is slow. Price action is back near the support level of 1817 region.…
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The declines in the precious metal stalled after prices once again tested the 1817.89 level of support. A retest of this level, alongside the Stochastics oscillator attempting to move out from the oversold levels, could keep prices to the…
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Gold It's been a much better week for gold prices. The safe-haven asset found demand on the move sub-1800 and saw price rallying back up to midweek highs of around 1850. The continued sell-off in the US dollar has been the main…
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The precious metal is down nearly 1% intraday as the short term bearish momentum is strong. Price action is likely to retest the support area near 1817.80. The stochastics oscillator on the intraday charts are also signaling further room…
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The precious metal is struggling to breakout above 1850 as price action was firmly rejected near this level intraday. Overall, gold prices remain trading subdued compared to the gains made in the previous sessions. We expect the…
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The precious metal is posting strong gains, rising for three consecutive days. Despite the gains, prices are below the 1850 level of resistance. In the near term, we might expect prices to move sideways within the 1850 and 1817.80 level.…
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Dollar Continues the Sell-Off The US index fell 0.11% lower on Monday, falling through the 91 level. As a second economic stimulus package draws closer, sentiment could shift further as this would create more debt and likely weaken the…
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The precious metal is posting solid gains on Monday rising well over 1% during the day. This rebound follows through from Friday's reversal. Price action managed to close above the 1817.80 level. However, with the stochastics…
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The precious metal managed to recover some of the losses on Friday. Price action closed with over one percent gains on the day, after falling to a three-month low previously. The retracement puts gold prices close to the 1817.80 level…
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