Spot gold was little changed in Asian afternoon trading on Monday, trading at around $1,855. Dhwani Mehta, an analyst at FXStreet, offers a brief analysis of gold’s short-term trend. Here is the following: Despite ending […]
Gold maintains recovery trend! Biden Stimulus Is Hard! Slow recovery of the epidemic increases the risk!
Gold prices hold on to last week’s recovery as doubts mount over US President Joe Biden’s second major stimulus package and the virus strain continues to challenge the global recovery, but vaccine hopes remain firmly […]
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In the currency market EUR: The euro rose for a second day in a row against the dollar to close at 1.2170, up 0.07%, and up 0.74% on the week. Technically, initial upside resistance stands […]
Golden Week Comments: Biden Era Begins! Gold is up more than $25 this week! But rush high drop down a scene to the bulls disappointed! Next week’s Fed decision will bring a big hit to US GDP!
Gold posted its first weekly gain in three weeks this week. With Joe Biden formally sworn in as US president this week, gold briefly hit a two-week high as expectations for a massive fiscal stimulus […]
Gold holds key support! Bullish sentiment is high for gold this week! Lagarde’s speech comes today!
Financial markets were calm in the sub-session on Monday, with the dollar index holding near 90.20, while spot gold held key support at $1,850 / oz and is now steady at around $1,855 / oz. […]