Strategy and signal analysis TVC:GOLD TVC:GOLD fell to a five-month low on Thursday as US Treasury yields edged higher and a strong dollar delivered a one-of-a-kind punch to the non-ferrous metal bulls TVC:GOLD Minutes of the Fed's July meeting showed on Wednesday that most members of the rate-setting committee were in favor of higher rates to curb...
Signals for August 16 TVC:GOLD Gold hovers around the $1,901 mark during the Asian trading session on Wednesday. An upbeat United States (US) Retail Sales have raised concerns over further tightening of monetary policy by the US Federal Reserve (Fed) weighed on OANDA:XAUUSD price the previous day. Bears are in control near term, as the 4-hour chart shows...
Trading strategies TVC:GOLD : TVC:GOLD price declined due to pressure from the rise of USD. This morning, the US Dollar Index, which measures the volatility of the greenback, exceeded 103 points, taking away TVC:GOLD the attractiveness of TVC:GOLD . Interest rates did not decrease, causing investors to continue withdrawing capital from TVC:GOLD ...
Technical outlook OANDA:XAUUSD : In the near term, and according to the 4-hour chart, the falling EMAs lead lower, now providing dynamic resistance around $1920.30. The longer moving averages are still much higher than the shorter moving averages, while providing a downward slope, while technical indicators have bounced from intraday lows but are still in...