Gold price rose on Monday the dollar moved lower. Prices were finally able to capture resistance which now supports near the 10-day moving average at 1,949. Target support is seen near the 50-day moving average at 1,889.
Spot Gold
At Gold Silver Reports, we provide real-time updates on Spot Gold (XAUUSD) with live prices, expert analysis, and daily trading insights. Stay ahead with accurate forecasts, support & resistance levels, and global gold market trends to guide your trading strategies.
Gold Spot Target : Above $1900 Target $2035—$2130—$2182 – Neal Bhai Reports
Positional Gold Spot Target : Above $1900 Target $2035—$2130—$2182 Gold prices climbed to their highest level in nearly two weeks on Monday, as the dollar weakened and the U.S. Federal Reserve’s new policy framework suggested that interest rates would remain low for some time.
Silver Price Rebounded From the Nearest Support Level at $26
Silver price continues to trade near $27.00 as the U.S. dollar is losing ground against a broad basket of currencies while gold tries to settle above the 20 EMA near $1950.
Spot Gold Melt Like ICE – $1960 To $1911.24 – Neal Bhai
Spot gold eased on Friday as the dollar edged higher, denting bullion’s appeal and setting it on track for a second weekly decline, while lingering concerns over the path to recovery from the coronavirus limited losses.
Gold Below $1960 Down Trend Target $1862—$1834 – Neal Bhai
Gold Below $1960 Down Trend Target $1862—$1834, Gold rebounded Wednesday, extending a series of wild swings that saw the metal hit a record on Friday before plunging to below $1,900 an ounce.