Gold Price retreated ahead of the weekend amid renewed dollar strength XAU XAUUSD $XAU $XAUUSD
38.2% retracement of the latest downtrend seems to have formed stiff resistance at $1,875. With a daily close above that level, gold could target the $1,890/$1,900 area and $1,915 afterwards.
In short, gold needs to break out of the $1,875-$1,840 range in order to determine its next short-term direction.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Gold Forecast: Gold Markets Have an Explosive DayWill markets have rallied rather significantly during the trading session on Thursday as we have reached the $1870 level.
Weiterlesen »
Gold Price Forecast: XAU/USD plunges from weekly highs to $1840s as Fed’s Mester crosses wiresGold Price Forecast: XAU/USD plunges from weekly highs to $1840s as Fed’s Mester crosses wires By christianborjon Gold XAUUSD Commodities Metals Macroeconomics Fed Federal Reserve Central banks
Weiterlesen »
USD/CAD Price Analysis: Challenges critical daily support line ahead of US NFPUSD/CAD is nursing Thursday’s heavy losses while wavering near five-week lows of 1.2556, as it tracks the subdued price action in the US dollar across
Weiterlesen »
EUR/USD Price Analysis: Slumps but stays around 1.0710s after upbeat US dataThe EUR/USD edges lower as the New York session winds down, trimming some of Thursday’s gains, but remains above the 1.0700 threshold due to the 50-da
Weiterlesen »
Ford Adds 6200 Manufacturing Jobs, CEO Sees EV Price Wars AheadFord CEO Jim Farley sees a host of electric cars ahead priced at around $25,000 as lower cost batteries become available.
Weiterlesen »