Gold Price Analysis; Gold finally broke out of its intraday consolidative trading range and surged to near three-month tops, around the $1,843 region during the early North American session.
Spot Gold
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Gold (Yellow Metal) Chart of the Day — Gold Silver Reports
Gold (Yellow Metal) Chart of the Day: broke the $1800 level resistance yesterday, and while above the $1800 level the risk is for a move back to the 200dma.
MCX Gold Mini All Target Hit 47125 to 47549 – Neal Bhai Reports
MCX Gold Mini All Target Hit: It has finally happened – Gold has staged a convincing break above the $1,800, hitting a high of $1,814.58 at the time of writing. Falling US Treasury yields have prompted investors to buy gold, and cascading stop-losses have also been attributed to the upswing in the price of the precious metal.
Gold Price Analysis: Gold attempts another run towards $1800, as focus shifts to NFP
Gold Price Analysis: Gold is extending its range play within a $50 band below $1800 into the fifteenth straight session on Thursday, set to end this week with moderate gains. The bulls are eagerly awaiting the US NFP report for a fresh direction.
Gold Price Analysis: Gold Refreshes Weekly high above $1,780 on Biden’s ‘Joint Congress’ speech
Gold Price Analysis: Gold inches closer to the $1,800 threshold, refreshing weekly top to $1,788.31 by the press time of early Thursday. In doing so, the yellow metal takes the bids for the second consecutive day on the weaker US dollar. Recently propelling the commodity prices are the comments from US President Joe Biden.
Gold Price Forecast: Trading Zone $1803—$1758, Focus Shifts To Fed
Gold Price Forecast: Gold rebounded on Monday after finding support just under $1770, tracking the late decline in the US dollar across the board after Wall Street indices closed at record highs.
Gold Price Forecast: $1,803 might continue to cap ahead of FOMC on Wednesday
Gold Price Forecast: Gold witnessed an intraday turnaround from the vicinity of the $1,803 mark and finally settled in the red for the second consecutive session on Friday. Upbeat US economic data was enough to push the US bond yields higher, which turned out to be a key factor that drove flows away from the non-yielding yellow metal.