Usually, the gold price is driven by political and economic uncertainty, like economic crises, election pressure, pandemic effects. But in the face of year-and-a-half lasting monetary stimulus program the price of the haven asset acts differently.
Tag - gold
This week is going to be interesting for traders as the economic calendar is full of impactful events: US Inflation Rate, New Zealand’s GDP growth, and many more! Watch the video to get fresh trade ideas!
ECB keeps the key rate, but slows bonds purchase, China sells oil reserves, US dollar trading sideways! More information in the video!…
Find out what happened to BTC and Gold!
Last Friday’s NFP was disappointing. The reaction of the markets was astonishing. Will it last longer? Let's find out the main trade opportunities for the upcoming week.
During this week gold has been consolidating in the $1807-$1820 range waiting for the US jobs data announcement…
Daily Chart 4H Chart Gold managed to post further gains at the end of last week's trading amid fears of Covid19-Delta variant, in addition to the Federal Reserve's remarks about QE tapering…
The market is experiencing the second day of risk-on moods, the NZD has improved on the better-than-expected data and stocks gained.
Daily Chart 4H Chart Gold began the week higher breaking multiple resistance areas, including 1780 followed by 1800 and closed yesterday's trading above 1800 for the first time since the flash crash that happened few weeks ago…
The meeting of the Federal Reserve in Jackson Hole will define the trend for the USD. Brent oil is back above $65 but for how long?
How to trade EUR/USD, Gold, Brent on August 23
Gold Daily Chart Throughout last week’s trading, gold traded within a tight range, but it also managed to hold well above its 1775 support area until the end of the week, while the technical indicators has improved over the past few days, including…