Forex Zone - Forex Forum

GOLD

Discussion started on Fundamental

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
At the previous closing gold had Sideways in a limited range, now looks bullish move and closed higher on Monday (18 / November) trading. This strengthening was motivated by the re-heating of the polemic of the US-China trade war, where the Chinese government doubted the achievement of the phase one agreement after President Trump said not to lift import duties. Practically this condition makes investors return to safe haven assets such as gold. As a result, this precious metal also recorded a gain of $ 3.40, or about 0.2% at the closing price of $ 1471.90 per ounce.

Linkback: https://www.forex.zone/fundamental/12/gold/2871/
#1 - November 22, 2019, 12:04:08 AM

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
Gold prices traded lower after US President Donald Trump's comments that Washington was close to a temporary trade deal with China pushing demand for riskier assets. The US and China almost reached an agreement in the first phase of a trade agreement. While Investors are still worried that the bill passed by the US, supports the anti-Protest of the Hong Kong government.
#2 - November 27, 2019, 10:23:20 PM

  • Full Member
  • Posts: 165
  • Points: 136
  • Likes Received: 54
  • Reputation: +3/-0
Important news that influenced Gold's movements today is still focused on the issues of the USA and China trade conflicts.
#3 - November 29, 2019, 01:39:06 PM

  • Newbie
  • Posts: 21
  • Points: 0
  • Likes Received: 6
  • Reputation: +0/-0
The price of gold has the potential to fall if the strengthening sentiment of the US dollar continues, testing the support of $ 1452 - $ 1455. But the uncertainty of a protracted US - China trade agreement could lift gold prices to test the $ 1470 level.
#4 - December 09, 2019, 02:47:03 PM

  • Full Member
  • Posts: 165
  • Points: 136
  • Likes Received: 54
  • Reputation: +3/-0
The price of gold has the potential to rise in the short term to test $ 1516 if the sentiment of the US military attack on Iraq & Syria continues to weaken the US dollar. Conversely, if the Chicago PMI data is released better than expectations, the opportunity to press the price of gold down to test $ 1500 - $ 1510.
#5 - December 30, 2019, 12:54:35 PM

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
if we look at Gold in the last few days it keeps going up. It seems like investors have started to hunt down Save Heaven Assets in the midst of uncertain global political conditions.
#6 - January 03, 2020, 03:18:40 AM

  • Starter
  • Posts: 6
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-0
if we look at Gold in the last few days it keeps going up. It seems like investors have started to hunt down Save Heaven Assets in the midst of uncertain global political conditions.
trading in Gold in my opinion is difficult to get a valid analysis, 2 times I traded in gold and lost.
#7 - January 03, 2020, 11:24:53 AM

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
Yesterday the price of Gold Had risen after Iran fired more than nine missiles at US military headquarters in Iraq. However, it turns out that Gold fell back after Trump's Speech which did not indicate a desire to fight. He only mengultimatum Iran with additional sanctions related to oil. Now the Gold Price is at 1556.06
#8 - January 08, 2020, 09:54:52 PM

  • Sr. Member
  • Posts: 311
  • Points: 66
  • Likes Received: 108
  • Reputation: +3/-0


trump speech made the movement of Gold fly high, now Gold has moved above the price level of 1555.00 again.
#9 - January 10, 2020, 04:15:13 PM
« Last Edit: January 11, 2020, 10:07:34 PM by Mikser »

  • Full Member
  • Posts: 180
  • Points: 583
  • Likes Received: 28
  • Reputation: +1/-1
uncontrolled transmission of the Corona virus is the big factor and most investor turn to gold.. and it can be seen gold is going up and the fall of gold is only a short correction.. gold is still on the uptrend.. gold will be back to 1680.00 as soon.
#10 - February 26, 2020, 06:22:48 AM

  • Full Member
  • Posts: 180
  • Points: 583
  • Likes Received: 28
  • Reputation: +1/-1
According to market participants and analysts, the sentiment of rising gold prices is actually still high, supported by:
The transmision corrona virus is very fast in outside chiness.
The fall of the world stock market in wallstreet
Speculaing rate cut meeting the FED.

At kicko.com " corrona virus gold meltdown" Jim Rogers says keep your money safe here..

Closset resistance : 1594.82 pivot 1611.370.
Next support : 1576.55 - 1548.76.



#11 - March 01, 2020, 02:22:58 AM
Attachments:

  • Full Member
  • Posts: 167
  • Points: 878
  • Likes Received: 35
  • Reputation: +1/-2
Gold

Deteriorating ISM Manufacturing PMI and US JOLTS Job Vacancies have fueled the gold price to $13.92 to close at $1814.40 on Tuesday.

In the Asian session (5/1), the price of gold is expected to test the resistance at $1822. However, if it turns out to drop below the $1811 level, there is a chance to sell it to test the $1806 support.

Potential Asian session price range: $1806 - $1822




#12 - January 05, 2022, 12:07:21 PM
« Last Edit: January 05, 2022, 02:26:22 PM by Admin »

  • Jr. Member
  • Posts: 76
  • Points: 245
  • Likes Received: 18
  • Reputation: +2/-0
Gold remains poised to clear $2,100 amid bullish technical 
Gold Price Forecast: XAU/USD rises toward $2,100 on dovish Fed outlook 
Gold price gains ground as the US Dollar continuously depreciates.
 
The Middle East conflict contributes to strengthening the demand for the yellow metal .
China NDRC's Chairman said to implement policy measures to recover the Economy.Gold price consolidates near three-week top, awaits US PCE Price Index before the next leg up.
 
#13 - December 28, 2023, 07:24:40 AM
« Last Edit: December 28, 2023, 07:28:35 AM by johnplayer102 »

Members:

0 Members and 1 Guest are viewing this topic.