On Thursday morning the yellow metal's price was trading near the weekly S1, which is located at 1,197.37. The support level was previously broken
On Thursday morning the EUR/USD currency exchange rate was still positioned for a fall. However,
Britain's Supreme Court ruled on Tuesday that the UK Prime Minister Theresa May must get parliamentary approval to trigger Article 50 of the Lisbon Treaty and begin the country's two-year withdrawal from the European Union.
US homebuilding activity advanced more than expected in the last month of 2016, official figures revealed on Thursday.
The yellow metal broke out of the medium term ascending channel pattern on Wednesday morning.
On Wednesday morning the EUR/USD currency exchange rate continued its path lower, as the closest support level was located at 1.0666.
US homebuilding activity advanced more than expected in the last month of 2016, official figures revealed on Thursday.
British retail sales dropped markedly last month amid higher prices, linked to the weaker Sterling.
During the early hours of Tuesday's trading session the yellow metal once more hit the resistance cluster located near the 1,220 mark.
The expected bounce off did not occur during Monday's trading session. However, it seems to have begun on Tuesday.
US homebuilding activity advanced more than expected in the last month of 2016, official figures revealed on Thursday.
British retail sales dropped markedly last month amid higher prices, linked to the weaker Sterling.
The yellow metal continued the Friday's surge in the early hours of Monday's trading session. However, the bullion encountered resistance just below the 1,220 mark and began a retreat.
The common European currency is beginning a short term retreat against the US Dollar, as on Monday morning the pair encountered a resistance level, against which it bounced off.
US homebuilding activity advanced more than expected in the last month of 2016, official figures revealed on Thursday.
EUR/USD took up where it left off on Thursday's session by gaining some pips and posting a small green candle on the morning part of the session.
Following an exit from the channel up pattern that led Gold out of its senior channel, XAU/USD inched up again and it appears that the bottom boundary of the junior broken channel will be up for tests now.
The unemployment rate in Britain held steady last month, while the number of unemployment benefit claims declined, surpassing analysts' expectations.
Following two consecutive volatile sessions, EUR/USD acted according to plan and did not manage to weigh below the 55-day SMA of 1.0616.
Following two consecutive volatile sessions, EUR/USD acted according to plan and did not manage to weigh below the 55-day SMA of 1.0616.
More expensive gasoline and rental accommodation boosted US consumer inflation last month, official figures showed on Wednesday.
The unemployment rate in Britain held steady last month, while the number of unemployment benefit claims declined, surpassing analysts' expectations.
Manufacturing activity in the State of New York dropped more than expected in January, results of the latest The Empire State Manufacturing Survey showed on Tuesday.
British consumer prices showed solid growth in December, due to the weak Sterling, official figures revealed on Tuesday.