Bitcoin Daily Chart Alert – Price Downtrend Remains In Place – May 22
Read moreThis Is Not ‘A New Dollar Bull Market’: Gold To Outperform Against Other Currencies — ICBC
The current U.S. dollar rally is not a sign of a new bull market, said ICBC Standard Bank, adding that gold is still expected to outperform against other currencies.
Read moreGold Hits 5-Mo. Low Amid Little Risk Aversion, Powerful Greenback
Gold prices are slightly down, and up from the daily lows, in early-afternoon dealings Monday.
Read moreGold To Hit This Level Before Rebounding – ABN Amro
Gold seems to be stuck below the $1,300 an ounce level for the next few months, according to ABN Amro. The Dutch bank expects gold to hit $1,275 at the end of June and then fall down to $1,250 by the end of September.
Read moreMoney Managers Slash Net Bullish Gold Positioning
Large speculators scaled back their bullish positioning in gold futures during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.
Read moreGold Prices At 5-Month Low As U.S. Dollar Continues Ascent
Gold prices are moderately down and hit another five-month low in early U.S. trading Monday.
Read moreBitcoin Daily Chart Alert – Short Covering, Bargain Hunting To Start Week – May 21
Read moreBMO, SP Angel: U.S.-China Trade-War Truce Pressures Gold
Gold hit its lowest level of 2018 early Monday, pressured by news that the U.S. and China have essentially declared a truce on the trade-war front, say BMO Capital Markets and SP Angel.
Read moreThese 3 Drivers Will Support Gold In The Short-Term — ING
Even as gold continues to trade below $1,300, the “fundamental case for holding” the yellow metal remains intact, said Dutch bank ING, listing three main drivers that will provide support to prices.
Read moreTug Of War: Gold To Keep Fighting As Investors Eye Buying Opportunities – Analysts
After the biggest weekly drop in five months, gold bulls are not ready to give up their tug of war against the bears just yet, according to analysts.
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