Gold prices hardly changed in the last three sessions although the overall conditions continue to…
Gold prices pushed sharply higher on Tuesday but have stalled ever since. Has the recovery rally completed? I think it has.
Gold prices show promising signs of recovery in December
The price of gold was little changed following yesterday’s Fed meeting minutes. Significant resistance remains overhead, although the yellow metal is showing resilience as it continues to get bid on dips.
Gold price caught a firm bid in North American trading on Monday, will buyers step in to lift the yellow metal higher again today?
The yellow metal continued higher in early trading on Thursday but is starting to near some important technical resistance levels.
The price of gold rose in early trading on Wednesday as risk assets eased lower. The yellow metal is on track to post a reversal candle which could lead to a bit more upside.
Gold prices fell yesterday below lows set around the middle of October. The yellow metal has broken important support that could lead to a bit more downside over the near-term.
A sharp fall in the price of gold on Tuesday has brought the bears out of the woodwork.
Gold is resilient but risk sentiment is increasingly positive, the dollar is at important support, and there is some major resistance in play.