Fundamental analytics

Gold

Gold starts a new trading week with a decline of more than 1.7%, amid a significant drop in demand for risk-free assets.

Gold

On Thursday, gold was trading in a very narrow price range, amid a lack of important news on the market that could give a more directional impulse to price movement.

Gold

On Wednesday, gold was trading in a fairly narrow price range, remaining under pressure from the dollar and receiving support from the current situation on the stock markets.

Gold

Tuesday trading, gold has  finished growth of almost 0.7% and today again continues the positive momentum of the movement. 

Gold

Gold closed with a 0.45% decline on Thursday amid stronger dollar, which makes the precious metal more expensive for investors.

Gold

After a small correction, gold closed the second week in a row with growth, maintaining good opportunities to continue the upward movement. 

Gold

On Thursday, gold showed a decline of more than 1.5%, rebounding from resistance at $ 1,350.

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.