Spot Gold extends its side-trend around the 1440 mark into the mid-European session, having stalled its retreat from 2019 highs of 1454 near 1437 region.
Spot Gold
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Gold Pullback Before New Uptrend – Gold Silver Reports
The Gold triangle chart pattern is respecting the shallow Fibonacci re-tracement levels of wave 4 vs 3 which is typical behavior for a wave 4 (blue) pattern.
Gold Technical Analysis Unless Breaking $1,403 Support Turned Resistance – Neal Bhai
The long road to have a trade deal with the US, statements like Mexico and China can be partners against US pressure are likely showing Chinese media’s lack of appreciation to the recent trade truce.
Spot Gold Trading Tips – Keep Eye on $1398, Below Big Downside Expected – Neal Bhai Reports
Gold Silver Reports (GSR) – While latest comments from the US Treasury Secretary triggered some risk-off during late-Wednesday, activating the yellow metal’s pullback, Gold prices remain mostly flat around $1408 amid Thursday morning in Asia.
Gold Silver Honeymoon Period Over, Any Rise Sell Sell Sell, Buy Karna Mana Hai Gold High – 34893 / Silver High – 38323
Gold Silver Honeymoon Period Over, Any Rise Sell Sell Sell, Buy Karna Mana Hai Gold High – 34893 / Silver High – 38323
Gold: On its way to $ 1450 amid Escalating US-Iran Tensions, Weaker USD – Gold Silver Reports
US Iran Tensions – The ongoing USD weakness and escalating US-Iran geopolitical tensions offer fresh legs to the yellow metal’s surge to six-year tops. Gold prices are now testing the $1,440 figure en route the level $1,450 barrier.