Gold
XAUUSD2705.77USD
Today
+1.29%
1 Week
+5.41%
1 Month
-1.48%
6 Months
+13.56%
Year to Date
+31.17%
1 Year
+35.79%
Key Data Points
Opening Price
2669.07Previous Closing Price
2671.38Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Gold Trading Strategy
Trading Strategy
Long positions above 2683.00 with targets at 2725.00 & 2740.00 in extension.
Alternative scenario
below 2683.00 look for further downside with 2662.00 & 2652.00 as targets.
Comment
long positions above 2683.00 with targets at 2725.00 & 2740.00 in extension.
Gold News
United States CFTC Gold NC Net Positions: $234.4K vs previous $236.5K
United States CFTC Gold NC Net Positions: $234.4K vs previous $236.5K
Gold price reaches two-week peak as US yields fall, geopolitical tensions rise
Gold price rallies to a new two-week high on Friday during the North American session as US Treasury bond yields drop.
A (local) peak in Gold is now imminent – TDS
The downturn in Gold prices underscored by sharp liquidations from macro funds lined up exceptionally well with historical patterns surrounding drawdowns associated with macro fund liquidations from extreme levels, averaging between 7-10% over the last decade, TDS’ Senior Commodity Strategist Daniel Ghali notes.
The recovery rally in the Gold market is likely to take a breather – Commerzbank
The Gold price has also recovered more than half of its losses since the end of October and is once again trading at $2,700 per troy ounce, Commerzbank’s commodity analyst Barbara Lambrecht notes.
Swiss Gold exports reflect weak demand for Gold in Asia – Commerzbank
The Swiss Federal Customs Authority published data on Gold exports in October this week, Commerzbank’s commodity analyst Carsten Fritsch notes.
Gold rallies back above $2,700 on inflaming Russia-Ukraine tensions
Gold (XAU/USD) rallies for the fifth day in a row, making it a clean-sweep of green daily candlesticks for the week so far.
More Details of Gold
