Gold Silver Price Melting Like ICE : The XAU/USD pair came under sudden selling pressure and plunged to its lowest level since early July at $1,782.28.
Spot Gold
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GOLD TECHNICAL ANALYSIS : Gold Prices Slide as US Political Uncertainty Eases – GSR
Gold Technical Analysis : Gold prices down through long-standing range Resistance level $1854——$1865, Seemingly setting their sights on a retest of former support in the $1752——$1770 Level. A breach below that may see prices probe under the $1700 Level. Alternatively, a bounce back above $1865 eyes the 1913——$1935 Region Next.
Gold Spot Below $1854 Next Target $1780——$1744 — Neal Bhai Reports
Gold Spot (XAU/USD) looks to threaten $1800 level amid coronavirus vaccine optimism after the yellow metal resumed last week’s bearish momentum on Monday and fell 2% to the lowest levels in four months at $1831.
Gold Extends Drop on Vaccine, Signs of Improving U.S. Economy
Gold fell to a four-month low as growing optimism over a coronavirus vaccine and signs of a increasing momentum in U.S. economic growth stifled demand for the metal as a haven.
Enjoy MCX Gold Silver Bloodbath – JO DAR GAYA SAMJHO MAR GAYA
Enjoy MCX Gold Silver Bloodbath – JO DAR GAYA SAMJHO MAR GAYA – The XAU/USD pair fell sharply in the last minutes and touched its lowest level since mid-July near $1,838. As of writing, the pair was trading around $1,840, losing 1.64% on a daily basis.
Gold Price Forecast – Gold Must Hold Critical Support Near $1850
Gold prices are rolling over, and I see the potential for a bearish breakdown as soon as next week.
GOLD TECHNICAL ANALYSIS : Gold Support Zone $1840—$1838, Below Target $1810 ——$1780 – Neal Bhai Reports
GOLD TECHNICAL ANALYSIS : Gold prices are under down trend now-familiar range support in the 1840-$1838 Level. Breaking below this barrier on a daily closing basis looks likely to open the door for target $1810/oz figure to challenge former resistance in the $1780 zone. Alternatively, an upswing past the $1910 inflection region probably targets the swing top @ $1958.