The yellow metal's price continues to decline on Thursday. However, it is highly possible that a rebound might occur soon.
As it was noted for the past trading sessions, the yellow metal's price fell and reached below the 1,220 level. However, the decline seems to be continuing.
The yellow metal continues to trade in the descending channel, which has guided it since the end of February.
The yellow metal regained its suffered losses during the speeches of US monetary policy makers. However, the recent movements of the commodity price have been perfectly in accordance
The yellow metal's price is falling. The reason for that is the hawkish US monetary policy comments and statements, which have propelled the Greenback higher.
As forecasted before, the yellow metal found support in the uptrend line, which has pushed the commodity price higher since the middle of December.
The price of the yellow metal continues to fall for the third consecutive trading session. It is most likely caused by the appreciation of the Greenback in the light of the recent speech of the US leader.
The yellow metal remained rather flat during the early hours of Tuesday's trading session. However, by combining and analyzing various minor details and clues
The price of the yellow metal has reached its highest level in two months. However, it reached its resistance and has reversed direction during today's trading session.
The price of the Gold has breached the triangle spotted by the Dukascopy team.
The yellow metal's price remains unaffected by the FOMC minutes. For the last couple of trading sessions, the bullion's price has not grew or fallen significantly,
The yellow metal's volatility increased by the end of Tuesday's trading. However, on Wednesday the commodity price is back at previous levels.
The yellow metal's price declined during the early hours of Tuesday's trading session, as the bullion approached the weekly PP, which is located at the 1,231.36 level. However,
The yellow metal has opened higher this week than it closed at the end of the previous one. In the first hours of today's trading the bullion's price has surged and is expected to continue this trend.
The bullion traded just above the monthly PP, which is located at 1,237.68. The reason for that was that the yellow metal was still deciding upon its direction.
The bullion stopped its flat trading on Wednesday, and it is surging on Thursday. The reason for the recent upwards move was
The yellow metal continues to bounce around in a short term slightly upwards aimed channel.
The yellow metal has followed the previously forecasted paths. However, on Tuesday the bullion's price is set to be directed by fundamental events and speeches.
During the early hours of Monday's trading session the yellow metal traded below the weekly PP, which is located at 1,232.24, and the whole situation was clearly bearish.
The yellow metal suddenly reversed its direction and fell due to fundamental changes in the financial situation. The reason was once more Donald Trump, who
The surge of the yellow metal continues, as the bullion manages to trade above the 1,240 mark. However, the bullions surge is being directed by the uptrend line, which once more
The yellow metal acted exactly as forecasted during Tuesday's trading session. However, the future outlook on Wednesday is not that easy to forecast, as before.
A long time expected jump of the bullion occurred during Monday's trading session, and stopped during the night.
Gold opened optimistic and bullish on Monday by overstepping the 38.20% Fibonacci level of the latest fall at 1,219.20, which it had battled for a few times already.