In result of a rebound from the 61.8% Fibonacci retracement level at 1,278.96 the gold started to recover against the buck.
A pressure from the 100-hour SMA from the top and the weekly S2 from the bottom put the pair in a limbo near the 1.1790 mark.
The Commerce Department said that the US economic growth in the second quarter was the quickest in more than two years, with a 3.1% annual increase in the reported period.
The Commerce Department said that the US economic growth in the second quarter was the quickest in more than two years, with a 3.1% annual increase in the reported period.
The Commerce Department showed that new orders for the US-made capital goods rose more than anticipated 1.7% over the month of August, while shipments continued to increase, suggesting the strengthening of the US economy, despite an expected drag from Hurricanes Irma and Harvey.
The Commerce Department showed that new orders for the US-made capital goods rose more than anticipated 1.7% over the month of August, while shipments continued to increase, suggesting the strengthening of the US economy, despite an expected drag from Hurricanes Irma and Harvey.
In result of a two day downfall, the pair encountered the another significant support level set up by the 61.8% Fibonacci retracement level at 1,278.96.
As majority of pending orders are set to sell, the Greenback continues to appreciate against the Euro.
As it was expected, the pair found a resistance at 1,313.61 and, after reaching it, began to slip to the bottom.
The USD/JPY exchange rate was little changed after the Bank of Japan's interest rate decision announcement.
The Sterling strengthened significantly against the US Dollar, as all the main components of the UK retail sales report showed better-than-expected figures for August.
In result of the previous trading session, the currency pair reached the bottom trend-line of a medium-term descending channel.
Due to increasing hostility between the United States and North Korea, gold traders managed to return its price back to the 1,313.61 level.
The USD/JPY exchange rate was little changed after the Bank of Japan's interest rate decision announcement.
The Sterling strengthened significantly against the US Dollar, as all the main components of the UK retail sales report showed better-than-expected figures for August.
Previous trading session was significant in the way that the pair made a breakout from a symmetrical triangle.
The USD/JPY exchange rate was little changed after the Bank of Japan's interest rate decision announcement.
The Sterling strengthened significantly against the US Dollar, as all the main components of the UK retail sales report showed better-than-expected figures for August.
As it was expected, the yellow metal failed to return and break above the strong resistance set up by the monthly PP at 1,300.00.
A victory of the Angela Merkel's party in German Parliamentary elections expectedly led to appreciation of the Euro against the American Dollar.
The USD/JPY exchange rate was little changed after the Bank of Japan's interest rate decision announcement.
The Sterling strengthened significantly against the US Dollar, as all the main components of the UK retail sales report showed better-than-expected figures for August.
In line with expectations, the pair made a rebound from the bottom edge of a senior pattern and resumed the surge.
In line with expectations, the currency pair made a fully-fledged rebound from the bottom trend-line of a dominant ascending channel yesterday.