Category: Gold

  • Gold hits an all-time high

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Forexlive Americas FX news wrap: Gold hits an all time high above $2500

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Chart Art: Fresh Triangle Pattern on Gold (XAU/USD)

    Check out this new consolidation pattern on the 4-hour time frame for gold! Can the sideways price action continue or are we about to see a breakout soon? Here are the upcoming turning points I’m watching closely: Gold (XAU/USD) 4 hours Chart by TradingView The precious metal has been making…

  • Gold rally may not be over yet, to peak at $2,450 in Q4, ING says (NYSEARCA:GLD)

    monsitj/iStock via Getty Images Gold joined the global sell-off in equity markets earlier this week, but should regain its footing in an environment of continued geopolitical uncertainty and expectations of U.S. interest rate cuts, according to ING commodity strategist Ewa Manthey this week. The bank Monthly update. Gold is still…

  • Gold failed twice at $2475… time for a third try?

    Gold has been on the rise over the past few minutes, rising a few dollars to $2,430. This comes after the market posted big gains yesterday and a series of sharp declines over the past month. These are reasons to be optimistic. However, the main feature on the daily chart…

  • Chart Art: Is Gold (XAU/USD) Gearing up for a Reversal Soon?

    Are gold bulls having a hard time keeping the precious metal up these days? This is a classic reversal pattern that I watch on the 4-hour time frame. Gold (XAU/USD) 4 hours Chart by TradingView Gold made several failed attempts to break its July highs around the $2,475 area, only…

  • Gold Technical Analysis – The global market rout sends gold lower

    Basic Overview Ultimately, the collapse in global markets on Monday has been a stressor for gold. The reasons for this decline lie in the movement of real yields and liquidation due to the need for cash in extreme scenarios. In the big picture, real yields fall, which is good for…

  • Gold Technical Analysis – The global market rout sends gold lower

    Basic Overview Ultimately, the collapse in global markets on Monday has been a stressor for gold. The reasons for this decline lie in the movement of real yields and liquidation due to the need for cash in extreme scenarios. In the big picture, real yields fall, which is good for…

  • Probe Gold Advances Permitting for Novador Project

    Article Content TORONTO, Aug. 6, 2024 (GLOBE NEWSWIRE) — PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or The company”) We are pleased to announce the official submission of the “Project Notice” with Ministry of Environment, Climate Change, Wildlife and Parks (MELCCFP) at the provincial level in Quebec. This submission…

  • TA of the Day: Gold Drops Amid Global Market Sell-Off But Bounces. Will the Uptrend Resume?

    Despite being considered a safe haven, gold has not been immune to Market sentiment shifts to a major risk aversion With market participants selling assets on a massive scale. Backed by recession fears and Clearing the global pregnancy tradeGold fell more than 1% today, reaching $2,410 an ounce. The sell-off…

  • Kenya woos mining investors with lower gold royalty fees

    The Ministry of Mining has reduced royalties for gold miners in the hope of attracting more investment in the nascent industry. Regulations recently published by the ministry show that miners will now pay a royalty of three percent on the total value of gold extracted, down from three percent previously.…

  • Gold takes a quick dive, erasing today’s gains

    The problem with gold is that it’s a good asset to hold when things are a little bit bad in the markets. But when things get really bad, it gets sucked into the financial maelstrom. That’s what happened at the start of Covid and that’s what’s happening now (to a…

  • Gold dips on weak U.S. jobs report but analysts see more record highs ahead (NYSEARCA:GLD)

    monsitj/iStock via Getty Images Gold futures ended lower on Friday, reversing earlier gains, as part of a general sell-off in riskier assets after a weak U.S. jobs report raised concerns that the Federal Reserve’s hold on interest rates could cause a real economic slowdown. the prices U.S. stocks briefly rose…

  • Chart Art: How Long Can Gold (XAU/USD) Go?

    Spot gold is approaching a key support area after seeing sharp declines since last week. How low can gold go before bulls rally again? Gold (XAU/USD) 4 hours Chart by TradingView Increased demand for the US dollar and concerns over China’s economic growth have contributed to a decline in gold…

  • Gold Technical Analysis – The short-term bias turned bearish

    Basic Overview Gold has been on a steady decline since hitting an all-time high last Wednesday. We have seen a reversal in several other markets since last Wednesday, and it is not clear what was behind the move. Data continues to point to a resilient economy with inflation slowly falling…

  • Gold falls below $2400 in heavy selling

    Gold daily You might expect gold to benefit from the global computer crash, but that’s not the case today. Commodities are suffering across the board due to profit-taking. Gold is down about 2% and silver is down 3.3% after the breakout we had this week failed. Gold has now fallen…

  • Chart Art: Another Major Pullback on Gold (XAU/USD) Soon?

    Gold prices have been rising recently but are currently holding at a key resistance area. Will the channel resistance hold and force the precious metal to retreat? Better keep your eyes open for a possible correction to these levels! Gold (XAU/USD) 4 hours Chart by TradingView Speculation of monetary easing…

  • Bitcoin- The Digital Gold, By BlackRock Chief

    Source: news.bitcoin.com The world of finance has been abuzz with the growing importance of cryptocurrencies, and one of the most significant developments in the space has been the evolving stance of industry giants like BlackRock. Larry Fink, CEO of the $10.6 trillion asset manager, has made headlines with his recent…

  • Bitcoin- The Digital Gold, By BlackRock Chief

    Source: news.bitcoin.com The world of finance has been abuzz with the growing importance of cryptocurrencies, and one of the most significant developments in the space has been the evolving stance of industry giants like BlackRock. Larry Fink, CEO of the $10.6 trillion asset manager, has made headlines with his recent…

  • Chart Art: Spot Gold (XAU/USD) Is Trading Near The Top Of A Long-term Range!

    The overall weakness of the US dollar helped push spot gold prices to multi-week highs. Is the technical resistance level a trigger for a downtrend in the commodity? Or will we see a launch in the next few days? Gold (XAU/USD) 4 hours Chart by TradingView In case you missed…