The price of gold may continue to exhibit a bullish behavior as the Relative Strength Index (RSI) approaches overbought territory.
The price of gold stands at risk for a larger pullback as the Relative Strength Index (RSI) falls back from overbought territory and flashes a textbook sell signal.
Gold Prices to Benefit from Threat of Trade, Currency War
Despite rebounds in higher beta assets and higher yielding currencies alike, gold prices have maintained their elevation. Stability in the face of adversity bodes well for the future.
With 2019 Fed rate cut odds at their lowest level since May 30, measures of volatility have dropped, and in turn, lower yielding currencies and safe haven assets have suffered.
Gold prices stand at risk of facing a larger correction as the Relative Strength Index (RSI) falls back from overbought territory and flashes a textbook sell-signal.
Gold took out the 2014 high ($1392) after the Federal Reserve altered the forward guidance for monetary policy.
Recent price action in gold keeps the topside targets on the radar ahead of the FOMC interest rate decision as the RSI pushes into overbought territory.
Gold prices had been on a tear up until a week ago. After moving sideways for the past several days, the rally by gold prices may be ready to resume.
Gold prices had been on a tear up until a week ago. After moving sideways for the past several days, the rally by gold prices may be ready to resume.
Gold prices may continue to gain ground over the coming days as the Relative Strength Index (RSI) flirts with overbought territory.
Gold retraces the decline following the FOMC meeting, but the broader outlook warns of a shift in market behavior as a head-and-shoulders formation remains in play.
A return into a consolidation can underpin a “false breakout,” which, if so, may mean that Gold prices may have more room to run higher.
Even as the US Dollar presses a breakout attempt at fresh yearly highs, Gold prices have stabilized in recent days. Is the downturn over?
Recent changes in positioning suggest that, if a triangle breakout occurs, it would likely be to the downside.
The recent advance in the price for gold appears to have stalled following the FOMC Minutes as it snaps the series of higher highs and lows from earlier this week.
Gold pares the decline from earlier this week following the U.S. NFP report, with the price for bullion marking another failed attempt to test the 2019-low ($1277).
Gold may stage a larger rebound over the coming days as the price of bullion snaps the series of lower highs & lows from the previous week.
Gold prices may continue to catch a bid following the Fed meeting as the precious metal extends the series of higher highs & lows from