Gold Price

Gold Price Outlook: XAU/USD Finds Gains Capped at $1881 Resistance

Gold price on the XAUUSD chart is struggling to extend gains into the 4th day, as it finds itself capped…

Dec 18, 2020, 14:27 GMT

Gold Price Bouncing But Remains in a Bearish Channel

Gold price bounced nicely from the lows as it reacted to dynamic support. The move higher came into the context…

Dec 18, 2020, 09:13 GMT

Gold Price Outlook: XAUUSD Surges On FOMC, Renewed Fiscal Stimulus Optimism

Gold price on the XAUUSD pair maintained the bullish push that has extended into the 3rd day, taking it to…

Dec 17, 2020, 15:48 GMT

Gold Price is on a Path to $1,900 – Still Underperforming Bitcoin

Gold price is up sharply today as traders react to the Fed interest rate decision and the overall shift to…

Dec 17, 2020, 09:23 GMT

Gold Price Outlook: XAUUSD Loses Steam on FOMC; $1850 Support at Risk

The US Dollar is gaining broadly after the FOMC opted to leave rates unchanged at 0.25%. Additionally, the Fed is committing…

Dec 16, 2020, 19:29 GMT

Gold Price (XAUUSD) Bulls Charge at $1850 Ahead of FOMC

Ahead of tomorrow's FOMC decision, the gold price on the XAUUSD chart has moved 1.2% to the upside at the…

Dec 15, 2020, 13:56 GMT

Gold Price is Getting Ugly and Worse is Yet to Come – Chart

Gold price has turned ugly recently as traders pay close attention to US stimulus talks, vaccine roll-out, and the upcoming…

Dec 15, 2020, 08:07 GMT

Gold Price Head and Shoulders Pattern Breaking Lower

A classic reversal pattern for the gold price points to a move well below the $1,800 level. The price of…

Dec 14, 2020, 09:12 GMT

Gold Price Outlook: XAU/USD Firmer Despite Higher CPI

Gold price action on the XAU/USD chart is firmer this Thursday after a double release of US data further put…

Dec 10, 2020, 15:25 GMT

Gold Price Bearish as Pointed by a Head and Shoulders Pattern

Gold price was rejected from the $1,870 area yesterday and now consolidates on a possible right shoulder of a head…

Dec 10, 2020, 11:50 GMT

Gold Price is Losing the Battle Against Bitcoin – JP Morgan

Gold price is set to decline further as more institutional investors shift to Bitcoin and other better-performing digital currencies. That…

Dec 10, 2020, 08:21 GMT

Gold Price Tests Important Resistance with USD Weakness

The gold price has rallied strongly from the $1,800 level after US Dollar weakness continued. The precious metal is now…

Dec 09, 2020, 08:35 GMT