Gold gained USD 17 yesterday. The day began at 1716, and the price mainly traded between 1715-23 throughout the day. Once the US released its interest decision, the price went up until it reached the day-high at 1740, with the day ending near 1734. The price has failed to stay above 1735 until the Asian […]
Gold traded flat yesterday. The day began at 1719; the price first tested the day-high at 1728 in the Asian session, and it began to consolidate. The daily range was tight within USD 15, with the price just traded between 1715-20 before the day’s end. As mentioned yesterday, we can continue to take advantage of […]
Gold pulled back from 1735 again yesterday. The day began at 1726, and the price was gradually heading higher during the Asian/European sessions. Once the price reached the day-high at 1736, the selling started to come in. The day eventually ended at near 1719, with the day-low touched 1714. Gold should stay below 1735 before […]
Gold slipped to a 1-year low yesterday. The day began at 1711; throughout the day, the price was bounded by the 1706-14 range. The price went below 1700(2) before the day’s end, touching the day-low near 1692. The day ended at 1696, down by USD 14. A new round of selling started after gold finally […]
Gold traded in a tight range yesterday. The market opened at 1706 back from the weekend. The price was gradually moving higher during the Asian session and touched the day-high at 1724. However, gold resumed its position below 1710, closing at 1709, and ended slightly up by USD 3. In the past 48 hours, gold […]
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