xauusd technical analysis

Daily Forex Market Preview, 03/08/2018 The U.S. Dollar was seen trading rather firm on Thursday. Lack of economic news flow has shifted focus on the United Kingdom. The Bank of England hiked interest rates by 25 basis points as widely…
Read More

Daily Forex Market Preview, 07/03/2018 The U.S. dollar was seen closing weaker as demand for risk appetite grew. News reports about North Korea being open to talks with the U.S. lifted the markets higher. On the economic front, the…
Read More

XAUUSD intra-day analysis XAUUSD (1280.61): Gold prices continue to consolidate with the attempt to retest the 1285 resistance level failing. Gold prices remain caught within the range of 1285 and 1274 levels as a result. In the near…
Read More

An image from one of the Bank of England gold vaults / Bank Of England (Flickr) Gold prices staged an impressive rally last week touching highs of 1375.29 on 6th July. The gains came as market sentiment briefly soured pushing investors…
Read More

Weekly Gold technical and fundamental outlook: ETF inflows see’s a record increase Commercial position continues to add to net long positions (273k contracts) Brexit worry remains a key factor Markets, a bit complacent on…
Read More

The precious metal was once again shining following last week's Brexit referendum vote. Prices in Spot gold briefly touched new 2016 highs of $1358.67 an ounce on June 24, 2016. However, prices retreated sharply off the new yearly highs to…
Read More

Gold prices might have posted a strong rally last week after prices briefly traded above the $1300 handle to post a new yearly high of 1315 but the failure to follow through from here is indicating a potential downside in the safe haven…
Read More

Gold prices are showing no signs of downside weakness this week with prices resuming the rally from where they left off last week. Gold is now inching closer to the coveted $1300 level and looks to be supported by a variety of factors; from…
Read More