Gold is waiting to see what the US Fed says. And then... see the article to know, what's then.
Tag - gold
The USD has stopped its depreciation against riskier assets... for a while.
Do you want to know more about the dynamics of gold and the US dollar this week? FBS analyst Nour Eldeen Al-Hammoury explains the key trends of the week in his new video.
The USD has finally tried to strengthen versus other major currencies…
The worsening Sino-American relations and the still-there virus in the US finally pushed gold to its all-time highs and got the USD under heavy pressure across the board.
Thanks to the deterioration of the Sino-American relations, the JPY, the USD, and gold are rising while the rest go down.
Yet another volatile session in the markets…
EUR/USD surged to highest level unseen since January 6, 2019. Nasdaq surged to the record high at 10 860. Check out the video to get more trade ideas about gold, the S&P 500 and the GBP!
XAU/USD has moved this week in line with its short-term uptrend and the overall long-term uptrend reaching $1 865.
What will the EU leaders decide? Are we on the edge of another lockdown? Watch the video to learn the targets for EUR/USD and gold!
Short term - sideways; long term - looks like an all-time high is coming...
The USD keeps reigning in the Forex as the US infections are far from being managed while the EUR is pushed by hopes of the recovery fund; oil is revolving around $40 and gold is trying to claim higher grounds above $1 800!