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Forex Analysis:::2019-05-17
Weekly Gold analysis
Gold price started this week on a strong foot breaking above $1,290 and reaching $1,302. However this strength was short-lived and it now looks more like a fake break out...
Forex Analysis:::2019-05-17
Analysis of Gold for May 17, 2019
Broken upward trendline in the background. Watch for selling opportunities. The downward target is set at the price of $1.266...
Forex Analysis:::2019-05-17
GOLD pushes lower but price momentum may reverse. May 17, 2019
GOLD prices pushed lower quite sharply after rejecting off the $1300 area with a daily close. It might lead to certain corrections before continuing with the bullish bias to break...
Analysis News:::2019-05-16
The growth of China's gold reserves is breaking records
According to some analysts, Chinese authorities are showing a growing appetite for increasing the country's gold reserves. Last week, the central bank of China announced its purchase of a record...
Forex Analysis:::2019-05-16
Technical analysis of Gold for May 16, 2019
Gold price pulled back below $1,290 after reaching and testing the resistance of $1,300. As we said in previous posts Gold price made an important break above $1,288 but...
Forex Analysis:::2019-05-15
The dollar does not allow gold to shine
If it were not for the US currency's stability, the precious metal would be quoted at $1320-1330 per ounce...
Forex Analysis:::2019-05-15
Nothing new for Gold today
Gold price has made no progress today either to the upside or the downside. Gold price remains above the broken trend line resistance. Gold price has recently given a bullish...
Forex Analysis:::2019-05-15
Analysis of Gold for May 15, 2019
Broken bullish flag pattern in the background. Watch for buying opportunities. The upward target is set at the price of $1.310...
Forex Analysis:::2019-05-15
Control zones of GOLD on 05/15/19
The strong upward movement in the first half of this month allowed gold to reach the weekly CZ of 1303.28-1299.88, which led to the emergence of a proposal. Fixing purchases...
Forex Analysis:::2019-05-14
Gold bulls need to retake $1,300 and hold above $1,276
Gold has recently broken important technical resistance levels and is showing reversal signs. Gold price has started making higher highs and bulls now look for the possibility of a larger...
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