GOLD | Gold Rate in the Forex market
Gold - bears increase the onslaughthttps://forex-images.ifxdb.com/userfiles/20201124/appsimage_analytics5fbcc10cee901.jpg
We can expect that in the near future, the bears will take a decisive assault on the 1860 level given the Pfizer vaccine that requested emergency registration in the United...
Bearish break down for Goldhttps://forex-images.ifxdb.com/userfiles/20201123/appsimage_analytics5fbbf027760b1.jpg
Gold has finally broken below $1,850 support level at the start of this week. We are not surprised by this price action as we believed this would be the most...
Analysis of Gold for November 23,.2020 - Breakout of the 12-hour balance to the downside and potential for re-test of $1.850https://forex-images.ifxdb.com/userfiles/20201123/appsimage_analytics5fbbb32872e7b.jpg
UK November flash services PMI 45.8 vs 42.8 expected Prior 51.4 Manufacturing PMI 55.2 vs 50.5 expected Prior 53.7 Composite PMI 47.4 vs 42.5 expected Prior 52.1 The UK economy...
Biden's plans may drive gold up in the coming yearshttps://forex-images.ifxdb.com/userfiles/20201123/appsimage_analytics5fbb6f0a2e7a3.jpg
If the budget that President-elect, Joe Biden, plans to implement comes close to projections, we will see the largest volume of government spending in history, which will negatively affect...
Gold's growth rate slows down, undergoes correctionhttps://forex-images.ifxdb.com/userfiles/20201123/appsimage_analytics5fbb8fede13e4.jpg
Gold prices exhibited a negative trend on Monday morning, which, however, is not as serious as it may seem at first glance. Market participants closely evaluate opportunities for the recovery...
Forex forecast 11/23/2020 on EUR/USD , EUR/GBP, Gold and Ethereum from Sebastian Seligahttps://i.ytimg.com/vi/r1aBBvpSeIs/sddefault.jpg
Let's take a look at the EUR/USD and EUR/GBP pairs before the PMI data releases. Moreover, we will analyze Gold and Ethereum at the H4 time frame chart...
Bitcoin vs. Gold: forecast for 2021https://forex-images.ifxdb.com/userfiles/20201123/appsimage_analytics5fbb705b9207d.jpg
In order to rise in price to $100,000, the capitalization of the bitcoin market must grow to 25% of the global gold capitalization, which is now $9 trillion. Experts...
Gold continues to respect key support at $1,850https://forex-images.ifxdb.com/userfiles/20201120/appsimage_analytics5fb7ea7bb139a.jpg
Gold price is bouncing again off the key support of $1,850. Price made a low this week at $1,852 and is now trading at $1,872. Support has held once again...
Analysis of Gold for November 20,.2020 - Breakout of the rising trendline and potetnial for the downside rotationhttps://forex-images.ifxdb.com/userfiles/20201120/appsimage_analytics5fb7bd215664b.jpg
This seems to be the safety net in case negotiations next week continue to lead nowhere. The pressing issue now is time as EU officials view that a deal needs...
Massive ETF sales put pressure on goldhttps://forex-images.ifxdb.com/userfiles/20201120/appsimage_analytics5fb76a87e260b.jpg
According to many analysts, the massive sell-offs of ETFs are impacting the price of gold. "Bulk ETF sales continue to put pressure on precious metals. Thus, gold ETFs tracked...