Gold Price Forecast: XAU/EUR renews five-week top above €1,600 with eyes on 2022 By anilpanchal7 Gold Commodities Europe RiskAppetite Coronavirus
low metal prices in Euro increase for the second consecutive day, extending a notable jump marked on Thursday.
Adding to the US dollar strength are the market fears, recently backed by geopolitical headlines. Iran’s space launch derails previous optimism concerning the denuclearization deal with the global leaders. On the same line were the dislikes of China and Hong Kong for the US push to release Hong Kong-based journalists.
In a case where the gold buyers manage to cross the €1,616 resistance, the odds of witnessing a rally towards €1,633 and November’s peak of €1,653 can’t be ruled out.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold Price Forecast: XAU/USD rebounds sharply, back above $1800Gold rose more than $10 since the beginning of the American session and recently climbed to $1805. Earlier on Wednesday, it tumbled to $1789, the lowe
Read more »
Gold Technical Analysis: Dollar Recovers Against GoldThe recent decline in the price of the US dollar helped the gold market to rebound upwards, reaching the $1820 resistance before the settling around $1805.
Read more »
Gold Price Forecast: Entering 2022 with firmly bullish potentialGold Price Forecast: Spot gold is little changed on a daily basis, marginally higher around the 1,813 level. The USD keeps seesawing between gains and losses without a certain catalyst as investors close their books for 2021. Analysis
Read more »
Gold Price Forecast: XAU/USD eyes a sustained move below $1,800, downside appears limited – Confluence DetectorGold Price Forecast: XAU/USD eyes a sustained move below $1,800, downside appears limited – Confluence Detector Gold XAUUSD Commodities Confluences Coronavirus
Read more »
At least 32 dead in gold mine collapse in SudanSudan is in the throes of a long-standing economic crisis and has led some to resort to risky practices in underdeveloped regions to try to make a living, Reuters reported.
Read more »
Megan Fox Plays Lucy Hale's Stepmom In 'Big Gold Brick' TrailerFox appears in the dark comedy’s trailer as the red lingerie-wearing second wife of an enigmatic father of two.
Read more »