Gold (XAUUSD) Price Live

Gold prices are trading nearly flat on Monday as investors prepare for a slew of key U.S. economic data this week as well as a speech from Federal Reserve Chair Janet Yellen. At 0303 GMT, August Comex gold is trading $1255.80, down $0.60 or -0.05%. The range is a scant $1259.00 to $1255.40. Although gold … Continue reading Price of Gold Fundamental Daily Forecast – Traders Preparing to Respond to U.S. Durable Goods Reports

Commodities prices continue to be investors’ safe haven as political uncertainty and weaker than expected economic data raised investors concerns. Falling crude oil prices for the fifth weekly loss pulled commodity prices down as oversupply continued the ‘black gold’ downtrend. The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of June … Continue reading Commodities Technical Analysis, June 26th – June 30th, 2017

Gold posted a two-sided trade last week, first breaking to its lowest level since May 17 then recovering late in the week to finish marginally lower. August Comex Gold futures settled the week at $1256.40, down $0.10 or -0.01%. Gold hit a four-week low early in the week as the dollar held firm and the … Continue reading Price of Gold Fundamental Weekly Forecast – Falling Treasury Yields Will Be Bullish

Gold markets initially fell during the week, but found enough support at the uptrend line that has been so prevalent in the market that we turned around to form a significant hammer. The hammer sits just above the $1250 level, an area that will course attract quite a bit of attention. If we can break … Continue reading Gold Price Forecast for the Week of June 26, 2017, Technical Analysis