It is interesting to note that on the weekly chart (not shown) gold has traded above support of the 20-Week MA for most of time since it was reclaimed back in October 2023. There were several ...
Gold prices remain under pressure as rising Treasury yields increase holding costs, limiting gains. The 50-day moving average at $2661.29 acts as resistance, capping gold’s rally since mid-December.
Technical readings in the daily chart support additional XAU/USD gains. The pair extends gains above its moving averages, with bullish 20 and 100 Simple Moving Averages (SMA) converging at around ...
Yesterday’s Gold Trading Alerts were very short-term oriented, so – while I provide a quick update as well – today, I’d like to show you several charts that will help you see what’s ...
That early December 2023 crossover of the 50-day to above the 200-day moving average now seems prescient. Here’s the weekly SPDR Gold Shares price chart: SPDR Gold Shares weekly price chart ...
Opinions expressed by Forbes Contributors are their own. John Navin is a Colorado-based journalist who writes about stocks. Whether it’s interest rate cuts and inflationary worries or investor ...
Shares of Barrick Gold were last seen 0.3% higher at $15.75, but remain down 21.1% over the past three months. GOLD faces ...