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Spot gold

Spot gold may retest support at $1,840

Spot gold may retest support at $1,840

  • A break above $1,875 could signal an extension of the uptrend towards $1,902, the 61.8% retracement of the downtrend from $1,959.01 to $1,809.90.
Published 02 Feb, 2021 10:03am
Spot gold may fall to $1,818
Markets

Spot gold may fall to $1,818

  • The support is identified as the 23.6% projection level of a downward wave C from $1,874.86. This wave is capable of travelling to $1,783.
Published 28 Jan, 2021 10:04am
Gold slips in Europe
Markets

Gold slips in Europe

LONDON/ROTTERDAM: Gold prices slipped in European trade on Wednesday as the dollar climbed, with investors’ ...
Published 28 Jan, 2021 04:40am
Gold prices down in Europe
Markets

Gold prices down in Europe

LONDON: Gold prices fell as much as 1.8% on Friday as a broader market sell-off weighed on the metal along with a...
Published 23 Jan, 2021 03:56am
US MIDDAY: Gold slips
Markets

US MIDDAY: Gold slips

NEW YORK: Gold prices eased from a two-week high on Thursday as investors booked some profit following a rally in ...
Published 22 Jan, 2021 04:47am
Gold rises
Markets

Gold rises

NEW YORK: Gold rose more than 1% on Wednesday on expectations that US President Joe Biden’s administration would...
Published 21 Jan, 2021 04:23am
Gold moves up
Markets

Gold moves up

NEW YORK: Gold held on to gains in New York trade on Tuesday as the dollar remained under pressure, with prospects...
Published 20 Jan, 2021 04:29am
Spot gold may rise to $1,862
Markets

Spot gold may rise to $1,862

  • Another retracement analysis on the fall from $1,959.01 to $1,809.90 reveals a support at $1,832, the 14.6% level, a break below may cause a fall to $1,820.
Published 19 Jan, 2021 10:52am
Spot gold may retest support at $1,810
Markets

Spot gold may retest support at $1,810

  • The low at $1,764.29 may be revisited either this week or next week. A break above $1,839 could lead to a gain to $1,862. On the daily chart, gold is riding on a wave C from $1,959.01.
Published 18 Jan, 2021 11:08am