US Retail Sales Weights on Gold - Quick Technical Analysis

 
On Thursday the precious metal gold edged up recovering from near 4-month lows of 1,270. The bullish movement triggered after the economic data on eurozone businesses were under pressure reignited concerns about global growth, but a stronger dollar capped its gains.
Let us recall, the...


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US Retail Sales Weights on Gold - Quick Technical Analysis

Gold Slips Below $1,284 - Is 1,260 on the Cards?

On Wednesday, gold held close to 4-1/2-month lows placed in the prior session as financial information from China tempered worries about worldwide development, boosting more dangerous resources.
Spot gold continues to trade at $1,275.96 per ounce since this morning and has fallen as much as 1.2%...


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Gold Slips Below $1,284 - Is 1,260 on the Cards?

Gold"s Double Bottom Support, Is It Worth Going Long?

On Monday, gold prices crawled down deeper than one-week low as developments in the US-China trade talks elevated risk sentiment. Ultimately, lowering the demand for safe-haven investments.
During the Asian session and the London Open, gold edged 0.3% lower to $1,286.74 per ounce, having touched...


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Gold"s Double Bottom Support, Is It Worth Going Long?

Gold Prices Fighting Against USD - Quick Technical Analysis!

Today is another mixed trading in the precious metals’ markets, with gold and platinum finishing higher on the day, and silver and palladium trading lower. Over the last few weeks, investors have observed decoupling of the precious metals, where the correlation among commodities seems to fade as ...


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Gold Prices Fighting Against USD - Quick Technical Analysis!

Gold Hovering above Ascending Triangle - Risk off Dominates!

On Wednesday, commodities are relatively stable with Oil still trading near recent highs and Gold climbing in the risk-averse environment. The market sentiment has been shifted from Risk-on to Risk-off after the threat of further tariffs on the European Union from the United States.
Besides,...


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Gold Hovering above Ascending Triangle - Risk off Dominates!