Spot Gold dropped to the lowest since July as positive vaccine news, strong economic data and the start of U.S. President-elect Joe Biden’s formal transition undermined the metal’s haven appeal.
gold spot price today
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.
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.
GOLD TECHNICAL ANALYSIS TODAY – 05 NOV 2020 – Neal Bhai
GOLD TECHNICAL ANALYSIS: From a technical standpoint, the gold outlook remains biased to the downside. Falling resistance from August is keeping prices under pressure.
ट्रम्प या बिडेन? सोने की कीमतें कैसे बढ़ सकती हैं
जैसे-जैसे अमेरिकी चुनाव एक कड़े अंत की ओर बढ़ रहे थे, आज सोने की कीमतें चटक रहीं। MCX पर, सोना वायदा में 0.5% नीचे थे ₹ 51,328 प्रति 10 ग्राम। वैश्विक बाजारों में सोना 0.6% की गिरावट के साथ 1,897.01 डॉलर प्रति औंस पर था क्योंकि शुरुआती ऊँचाइयों ने डोनाल्ड ट्रम्प और जो बिडेन के बीच अमेरिकी राष्ट्रपति पद के चुनाव के नतीजों का सुझाव दिया था।
Who is winning the US presidential election?
Republican Donald Trump faced Democratic challenger Joe Biden on Tuesday in the US presidential election. There are 538 Electoral College votes allotted to the 50 states and the District of Columbia. It takes 270 votes to win.