USD Index and Gold Trend
The USD Dollar Index has been sold off from 103.50 to 98.80 because U.S inflation has been cooling down and gold investors are expecting the … Read More
The USD Dollar Index has been sold off from 103.50 to 98.80 because U.S inflation has been cooling down and gold investors are expecting the … Read More
Gold was sold off heavily from 1855-1856 to 1803 on Friday and Monday Jan 17. However, gold has went up from the 1803-1805 to test … Read More
Gold broke the 1800-1801 to drop to 1761-1765 before Thanksgiving because of low trading volume and Fed meeting minutes suggested no stimulus package. On Dec … Read More
The FOMC Meeting Minutes on Nov 25, 2020 is saying that the Fed will not implement more stimulus. However, gold did not drop to test … Read More
Gold dropped to 1800-1801 yesterday – Nov 23 2020, after breaking the long term support zone 1848-1851. Gold is making a bounce to 1811-1815 after … Read More
Gold have tested the 1760-1765 long term resistant zone in the last 2 days because the USD is sold off. However, gold has rejected the … Read More
Gold went to 1738 during London trading session by breaking the 1729-1731. However, gold dropped from 1738 to 1728 and then it was sold off … Read More
Gold moved from 1272 to 1289 after news of Mr. Flynn testimony, however gold failed to close above the 1285 level to continues its short … Read More
The USDJPY has made a strong bounce from the 110.90-111.00 zone to 112.50 and as a result, gold has been sold off from 1295 to … Read More
Mr. Powell has confirmed the continuation of current Fed monetary policy which means that the Fed will raise interest rate in Dec, 2017. The USD … Read More