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Forex Article : Gold & Commodities
Gold Rally Resumes This Week
10-September-2020
Orbex
Gold
The gold market has seen a better session this week with the metal advancing over the course of the week’s trading. Gold prices have been fairly contained over recent weeks with price settling into a range between support at the 1919.92 and resistance...
Gold Prices Weaker As Equities Hit Record Highs
29-August-2020
Orbex
The precious metal is taking it easy amid a strong risk-on rally that is pushing equity markets to record highs.
The risk-on sentiment comes on optimism on the developments for the treatment of the virus.
Price action is supported near the minor...
Gold Shoots Past $2000
06-August-2020
Orbex
The precious metal continued with its bullish onslaught on Wednesday. After breaking the $2000 threshold earlier, gold prices continued higher.
Intraday prices saw gold rising toward the 2050 level before making a modest pullback.
The gains in...
Metals Regaining Topside Momentum?
10-May-2020
Orbex
The yellow metal started the week on a soft footing. Prices retreated towards the 1679.87 support level. This saw demand kick in fuelling a strong reversal higher to take gold positive on the week once again.
The reversal higher on Thursday was mainly...
Gold technical analysis 12.03.2020
12-March-2020
Grand Capital
Gold price futures fluctuated in a narrow range that tilted higher during the Asian session to witness its rebound from the lowest since March 3, with the dollar index rebounding to the eleventh session in sixteen sessions from the top since April 21, 2017...
Gold analysis 10.03.2020
10-March-2020
grandcapital
Gold price futures fell during the Asian session to witness their rebound for the second consecutive session from the lowest since December 18, 2012 amid the dollar index rebound to the second session from the lowest since 27 August 2018 according to the inverse...
Can the Chinese New Year Impact The Price of Gold
25-January-2020
Orbex
The short answer is, yes. The Chinese Lunar New Year routinely has an effect on the price of gold.
But just as important is why, and what that means for people who are interested in trading the precious metal.
So how much of an effect is it?...
After an impressive New-Year rally, what does 2020 hold for gold
16-January-2020
xm
Fast View
Gold has been on a tear lately, reaching heights not scaled since 2013 to temporarily breach the $1600 an ounce level. However, with risk appetite also riding high on the back of easing trade frictions, and US and Iranian tensions...
Metals Slashed As US/Iran War Fears Fade
11-January-2020
orbex
Gold
It’s been a volatile week for gold. After breaking out to its highest levels since April 2013, the yellow metal has since reversed sharply. As of writing, it is ending the week back below the 2019 high.
The initial upside in gold was driven...
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