Fundamental analytics

Gold

Over the past two days, precious metal has been able to gain significantly, moving away from the minimum values ​​since mid-December 2017, but the problem for gold is that the correction was more technical in nature and was not due to fundamental reasons.

Gold

Yesterday the gold market continued to decline and updated one of the most important local support level $1250, the area where many traders expected longs activation.

Gold

The gold is traded under pressure for the whole week amid stronger dollar, as USD index returned back to the year highs and updated the recent local maximums around 95.20 points.

Gold

Gold keeps on trading under strong pressure updating year lows.

Gold

Gold keeps on trading under strong pressure despite a bunch of factors that would have to support the precious metal.

Gold

Gold closed the second week in the red being close to year lows.

Gold

It should be noted that the market is cyclical and the price can not move in one direction without correction for a long period of time.

Gold

Gold continues to decline, being under strong pressure from the US currency.

Gold

The influence of the dollar index on gold outweighs all geopolitical factors that support precious metals.

Gold

On Monday gold was trading in a tight price range in the absence of new drivers for further directed price movement.