Gold prices fell on Tuesday after the US dollar index rose
2018-06-12 12:44 pm | Resource: NEWS | No Views : 147
The decline in gold prices during trading Tuesday, following the continued decline of the dollar index, in addition to the demand for the purchase of the yellow metal.
Amid international tensions between the differences between the seven major powers, the decisions of the central banks of the European Union and the US federal, and a historic summit between the North Korean President and President Trump in Singapore.
As the markets await the release of the Fed meeting as well as the European Central Bank and Japanese Central Bank meeting, which increases demand for gold before setting market trends after monetary policy meetings.
Investors are waiting to see whether the ECB will discuss exit from QE at the next policy meeting on June 14.
As well as continued trade concerns after Mexico announced a 15 to 25 per cent charge on imports from the United States.
Over the past week, gold prices have soared 0.3%, making weekly gains, the second in the past three weeks, based on a weak US currency rally against a basket of currencies
Gold prices fell Tuesday by 0.33% to reach $ 1298 per ounce, after reaching a low of $ 1295 per ounce and opened today's session at 1300. $ per ounce, reaching a high of $ 1305 per ounce.
Looking at the silver trades, losses also fell, with silver falling 0.81% to $ 16.82. Silver opened today at $ 16.86 and hit a high of 16.95 and a low of 16, $ 77 per ounce.
Time frame Used - four hours Oil is moving in a sideway direction in the near term. Oil is still facing resistance and selling pressure around levels of 52.50 - 54.54. In view of the technical indicators Both the RSI and Stochastic are indicating to weakness of the indicators. Accordingly, we expect that the oil will test levels of 52.5 - 54.54 dollar. The alternative scenario is that the oil…
- Gold Technical analysis 12 December 2018 12:16 am2018-12-12
- OIL Technical analysis 11 December 2018 05:33 am2018-12-11
- Gold Technical analysis 11 December 2018 05:30 am2018-12-11
- OIL Technical analysis 10 December 2018 08:50 pm2018-12-09
- Gold Technical analysis 10 December 2018 08:48 pm2018-12-09
- OIL Technical analysis 5 December 2018 11:20 pm2018-12-04
- Gold Technical analysis 5 December 2018 11:18 pm2018-12-04
- OIL Technical analysis 4 December 2018 05:36 am2018-12-04
- Gold Technical analysis 4 December 2018 05:25 am2018-12-04
Best trading brokers
- The rise of gasoline contracts supports oil to reach its levels in two months 2017-07-28
- Oil prices maintain their highest level in 8 weeks 2017-07-28
- Brief Market News 2017-07-12
- Oil falls influenced by the International Energy Agency report 2017-08-14
- Rising Of Oils Prices and Falling Of Gold Prices 2017-07-03
- Dogecoin .. Electronic currency arose as a result of irony 03:54 pm 2018-01-26
- Currency and commodity analysis for 2018 05:14 pm 2018-01-01
- Bitcoin forces Santa Claus to distribute the worst gifts to its investors on Christmas 10:04 am 2017-12-25
- Forex 09:26 am 2017-12-25
- OmiseGo .. Time for electronic financial exchanges 02:07 pm 2017-11-15