Spot Gold traded with a mild positive bias through the mid-European session, albeit continued with its struggle to find acceptance or build on the momentum beyond the $1,790 round-figure mark.
Spot Gold
At Gold Silver Reports, we provide real-time updates on Spot Gold (XAUUSD) with live prices, expert analysis, and daily trading insights. Stay ahead with accurate forecasts, support & resistance levels, and global gold market trends to guide your trading strategies.
Gold bears look to $1,758, ECB PEPP verdict in focus
Gold justifies the technical breakdown amid sour sentiment during early Thursday. That said, the yellow metal holds lower ground near $1,790, the lowest in two weeks by the press time. Fed tapering woes, virus-led economic fears and stimulus chatters keep bears hopeful.
Gold Retreats From Near Seven-Week High as Dollar Rebounds
Gold edged back from near a seven-week high as the dollar rebounded from the low that followed Friday’s poor U.S. jobs report, which diminished concerns the Federal Reserve would taper bond buying soon.
Gold Price Forecast: Gold Above $1817 for further upside, US ADP, ISM in focus
Gold Price Forecast: enjoyed good two-way businesses on Tuesday, initially rising as high as $1819 after the US dollar index reached a fresh four-week low amid the extension of Fed Chair Jerome Powell’s led bearish momentum.
Gold Price Forecast: Expected Gold Test $1830 Amid Golden Cross
Gold Price Forecast: Gold price set the stage on fire last Friday, as it climbed to the highest levels since early August at $1819 before easing slightly to finish the week at $1817.
Silver Price Should Bounce Very Soon | Gold Silver Reports
Silver price has retested a historical support and is ready to follow up a long trade. We can see a daily confirmation of buyers in the POC zone. If the market makes a bounce in the zone we could see a retest of M L3 and M H3 levels. M L3 is 24.83 and 26.09 could be the target. For bulls to win this swing the price needs to stay above 23.00.
Gold Price Shine Further Upside | Gold Silver Reports
Gold Price Shine Further Upside: USD is moving into some late stages of a higher degree Elliott Wave structure. We are also in the mid of the week when flows can change especially when you have the FED minutes.