The gold market approached 20-year highs in 2019 relative to other precious metals - Business Insider
Gold broke through the $1,400/troy oz. barrier in June, a level which had not been breached since the gold market correction in 2013.
China has piled up nearly 100 tons of gold reserves to help buffer against the blows of Trump's trade war
Gold's rise is a major sign that investors are worried about the state of the economy.
Dow Rises and Gold Falls on Trade War Enthusiasm, ECB Decision Top Event Ahead
Though tentative, market participants latched on to nascent signs that trade war conditions may improve and the threat of recession is not as imminent as many fear. This would be the perfect opportunity for monetary policy to further leverage the uneven swell in sentiment. The ECB will start a run
Trading Forecast: EURUSD and Dow Bearings Rest on Jackson Hole, Trump
Scheduled event risk is starting to give way to sentiment and systemic fundamental concerns a prospect that threatens volatility at a time of year when quiet is supposed to prevail. Trade wars are finding guidance from headlines that President Trump regularly tops, while recession fears are tied more closely to
Gold Price Targets: XAU/USD Breakout Halted at Trend Resistance
Gold prices ripped into multi-year trend resistance this week - the breakout is vulnerable while below. Here are the levels that matter on the XAU/USD weekly chart.
Gold Price Weekly Forecast: Bullish Breakout Remains In-Play
Gold is currently consolidating just under $1,500/oz. after hitting a six-and-a-half year high of $1,511/oz. earlier this week. Positive fundamentals remain but markets dont move in a straight line.
Gold Price Targets: XAU/USD Surges 4%- Can the Rally be Sustained？
Gold prices surged nearly 19% off the yearly lows with the rally targeting key long-term uptrend resistance. Here are the levels that matter on the XAU/USD weekly chart.
Gold Price Targets: Weekly Reversal Testing Resistance at Yearly High
Gold prices are poised to mark the largest advance in six-weeks with price now challenging the yearly highs. Here are the levels that matter on the XAU/USD weekly chart.
Gold Prices May Suffer if FOMC Undermines Dovish Expectations
Gold prices may look increasingly overpriced if the FOMC rate decision and commentary fall short of the markets comparatively more dovish expectations, opening the door to weakness.
Gold Price Targets: Breakout Stalls – XAU/USD Coils Below Resistance
Gold prices are softer this week after reversing off key uptrend resistance. Here are the breakout levels that matter on the XAU/USD weekly chart into the close of July.
Gold Price Targets: Breakout Stalls – XUA/USD Coils Below Resistance
Gold prices are softer this week after reversing off key uptrend resistance. Here are the breakout levels that matter on the XAU/USD weekly chart into the close of July.
Weekly Trading Forecasts: EURUSD Top Fundamental Candidate on Fed Speculation, ECB Decision Approaches
We may find the top scheduled event risk next week displaced for market moving potential by an increasingly volatile theme. Key event risk ahead includes Fridays US 2Q GDP update and the global PMIs for July which would seem to put the focus on growth and recession concerns. Yet, the
Gold Price Weekly Outlook: XAU/USD Rally Losing Steam into July Trade
Gold prices are poised for a sixth consecutive weekly advance with rally vulnerable int the start of July. Here are the levels that matter on the XAU/USD weekly chart.
Gold Price Weekly Outlook: Gold Rips to 5-Year Highs- Buyers Beware
Gold prices are poised to post the largest weekly advance in three years with price probing key resistance. These are the levels that matter on the XAU/USD weekly chart.
Gold Prices May Rise if USD Sinks, US Data Fuels Fed Rate Cut Bets
Gold prices spent most of last week in rather mute trade until a sudden surge of volatility on Thursday sent the precious metal rallying. Looking at the XAU/USD 4-hour chart below
Gold Price Weekly Outlook: XAU Breakdown Stalls at Technical Support
Gold plummeted nearly 2.6% from the May high with the sell-off now testing the yearly low-day close. These are the levels that matter on the XAU/USD weekly chart.
Gold Price Outlook: A Week Packed Full of Major Risk Events and Data
A deluge of high importance data releases and two major central bank interest rate decisions may buffet gold all next week, with the latest US non-farm payrolls to bring the week to a close, just for good measure. Add in low liquidity in Asia and traders will need to be
Weekly Trading Forecast: Risk Appetite Overcomes Growth Concerns
Speculative appetite – also called ‘animal spirits’ – is holding effective control over the capital markets. Despite regular warnings over the health of the global economy and infighting that suggests there is little capacity or will to fight future fires, the markets continue their advance in pursuit of capital gains.
Gold Q2 Forecast: Bets for Fed Rate-Cut Fosters Bullish Outlook
Gold may continue to catch a bid in the second quarter of 2019 as the Federal Reserve adjusts the forward guidance for monetary policy.
XAUUSD: Spot Gold Price Chart Suggests Further Pullback Risk
Spot gold is down roughly 4 percent since its recent peak in February, but the precious metal could see further downside.