Gold Silver MCX: What Happened Blasted or Not, Gold spot attracted some dip-buying near the $1808 area and turned positive for the second consecutive session on Monday. The uptick pushed the commodity to two-day tops, around the $1823 region during the mid-European session.
Spot Gold
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Spot Gold Price : Keep Eye on $1758 as support – Neal Bhai
Gold Price Technical Forecast : Spot Gold Price Trading Tips : Keep Eye on $1758 as support. Above $1758 Target Price $1845.
Spot Gold Prices Struggles, Above $1875 Target $1900—$1960
- Gold prices struggled to capitalize on its intraday positive move beyond the $1875 area.
- Neutral technical indicators on the daily chart warrant caution for bullish traders.
- The formation of an ascending triangle supports prospects for additional gains.
Gold Price Set for Worst Start to Year in a Decade as Dollar Ascends
Gold edged lower after the Federal Reserve kept its monetary policy unchanged without promising any more aid, supporting the dollar and putting bullion on course for the worst start to a year in a decade.
Gold Prices Have Oscillated Around The Sticky $1850
Gold prices have oscillated around the sticky $1850 region due to the absence of a fresh directional catalyst. Bulls remain empowered by the great “reflation trade” and surging coronavirus cases, while bears continue to draw strength from a stabilising dollar.