Gold

The USD falls further downwards from a twenty years height during the previous week. However, this has become a major factor initiating the move toward the USD-based commodity. The BoE’s eagerness to purchase around five billion pounds of long-dated gilts pulls the United States bond yield from its many years top and keeps burdening the […]

Inflation would be the greatest thing to happen to me. I selfishly want the government to spend as much money as possible. “You can’t print money forever!” everyone is shouting.Yes you can. And they will. They’ve been printing money for decades, and only now it’s making the headlines. The reason I am selfishly supportive of […]

Bitcoin has been authorized as the official currency in the Central African Republic. CAR ranks as one of the most impoverished nations in the globe, while the nation is blessed with natural resources such as Uranium, Diamond, and yellow metal (Gold). CAR has been ravaged by clashes between Muslim rebels and militia formed for defensive […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold (XAUUSD) has been consolidating above $1,907 as it regains bullish momentum. XAUUSD is trading above the 50-day line moving average but below the 21-day line moving average. The market will trend when the moving average lines are breached. For […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold (XAUUSD) is in an uptrend as it targets the $2,020 high. The bulls have also broken above the resistance at $1,870. The market has reached a high of $1,950. Presently, Gold is fluctuating below the recent high. On […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold (XAUUSD) is in a sideways move but may slump to $1,800 low. Gold is retracing as it faces rejection at the high of $1,830. However, if price breaks the resistance level, the market will rise and retest the previous […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold’s (XAUUSD) price is above the moving averages but faces rejection at $1,800. The market ought to rise as prices are above the moving averages. The bulls are yet to keep the price above the moving averages. Since […]

Although trading involves high risk, it is a popular activity among people from all walks of life. For the uninitiated, trading is the process of buying and selling goods. The stock market is a safe environment where trading happens. Various factors can affect the stock market, including politics, changes in economic policy, inflation, and others. […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold (XAUUSD) is in a downward move. On November 16, XAUUSD rallied to $1,877 high. Buyers could not sustain the bullish momentum as the market reached the overbought region. Gold was rejected from the recent high as the […]

Commodity markets proved popular with retail traders this week so far on the European trading and investing platform, Capital.com. According to data provided by Capital.com, the number of traders trading derivatives on Natural Gas markets has increased by 35% so far this quarter. Investors have also placed larger trades in the popular commodity with the […]