Tag: XAUUSD
Risk Aversion still holds sway
A miss for US Retail Sales and Industrial Production adds to the risk-off mood with JPY & Gold in demand and USD maintaining its...
Gold – A One Day Rally or Not?
XAUUSD, Daily
A trade deal with China isn't close, according to a senior Trump administration official cited by Axios. The unnamed source said that the...
Risk On Mood Spreads – JPY & Gold in Focus
The USD is trading mixed today with a Risk On mood permeating from Asia to Europe at the start of a shortened trading week.
Stuart...
Gold bounces from key level
XAUUSD, H4
The Gold price last week, once again, tested the key 61.8 Fibonacci level ($1287.00) support zone from last year’s significant move down. Today...
Record Low Unemployment Claims lifts USD
The strong 10k initial claims plunge to a new 49-year low of 202k in the final week of March has led to more demand...
GDP & Claims Lifts USD – Gold Sinks Lower
A positive mix of US data has driven demand for the USD and a significant move lower for Gold prices.
Stuart Cowell
Head Market Analyst
Disclaimer: This material...
