Gold Falls and Dollar Rise ahead of US Midterm Elections
2018-11-06 08:48 am | Resource: News | No Views : 53
Gold prices fell while the dollar rose slightly on Friday ahead of US midterm elections later in the day as analysts expected the Republicans' victory to boost the dollar and commodity prices
US midterm elections
At the midterm elections, US intelligence agencies said they found no indication that the electoral structure was compromised before the election.
"At this time we have no indication of the waiver of electoral infrastructure in our country that would prevent voting, changing votes, or disrupting the ability to count votes," the heads of the Department of Homeland Security, the Department of Justice, the FBI and the director of intelligence In a joint statement.
They said the United States would not tolerate foreign interference in elections from Russia, China, Iran or other countries. Russia has denied US accusations of interfering in the 2016 presidential election.
On the level of trade tensions, Chinese Vice President Xi Jinping said that Beijing is still ready to discuss solutions to trade issues with the United States, but warned that his country will not accept any pressure from foreign powers again
Chinese President Xi Jinping said at the international import fair on Monday that he supports globalization, but he has not announced any detailed measures that would meet US President's trade demands, including the suspension of forced technology transfer and over-support of state-owned enterprises. .
The Dollar Index, which tracks the greenback versus the basket of other currencies, rose 0.1% to 96.19.
December delivery of gold futures for the December delivery of the New York Mercantile Exchange fell 0.1% to $ 1231.7 per ounce by 05:02 GMT.
Time frame Used - four hours Oil is moving in a bearish direction in the near term. Oil is still under selling pressure, as it has not been able to test the resistance level 57.88 to face oil selling pressure around the level of 57.37 to fall back down again. In view of the technical indicators Both the RSI and the Stochastic are indicating the arrival of indicators to the…
- Gold Technical analysis 16 November 2018 12:29 am2018-11-16
- OIL Technical analysis 15 November 2018 11:11 pm2018-11-14
- Gold Technical analysis 15 November 2018 11:09 pm2018-11-14
- OIL Technical analysis 14 November 2018 11:24 pm2018-11-13
- Gold Technical analysis 14 November 2018 11:20 pm2018-11-13
- OIL Technical analysis 12 November 2018 09:23 pm2018-11-11
- Gold Technical analysis 12 November 2018 09:21 pm2018-11-11
- OIL Technical analysis 9 November 2018 11:03 pm2018-11-08
- Gold Technical analysis 9 November 2018 11:01 pm2018-11-08
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
- "China National Petroleum": China's energy demand will peak in 2040 2017-08-16
- 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