Gold Falls and Dollar Rise ahead of US Midterm Elections
2018-11-06 08:48 am | Resource: News | No Views : 135
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.
(CURDE OIL - WTI ) Time frame Used - four hours Oil is moving in a bearish direction in the near term. Oil is still facing resistance and selling pressure around the level of 51.77 to retreat under the pressure of selling down as oil fell in the middle of today's trading to fall nearly from the levels of 50 dollar and also we note that oil is facing the…
- Gold Technical analysis 15 January 2019 11:27 pm2019-01-14
- OIL Technical analysis 14 January 2019 11:35 pm2019-01-13
- Gold Technical analysis 14 January 2019 11:18 pm2019-01-13
- OIL Technical analysis 11 January 2019 12:37 am2019-01-11
- Gold Technical analysis 11 January 2019 12:30 am2019-01-11
- OIL Technical analysis 10 January 2019 12:21 am2019-01-10
- Gold Technical analysis 10 January 2019 12:13 am2019-01-10
- OIL Technical analysis 9 January 2019 12:00 am2019-01-09
- Gold Technical analysis 9 January 2019 11:56 pm2019-01-08
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
- Oil prices rise ahead of US inventory data 2018-08-28
- Oil falls influenced by the International Energy Agency report 2017-08-14
- Brief Market News 2017-07-12
- Technical analysis and outlook for most currencies - commodities and Shares for 2019 05:20 pm 2019-01-01
- The last part: the difference between correction and reflection and how to trade them? 09:36 am 2018-12-18
- Difference between correction and reversal and how to trade them? 08:04 am 2018-12-17
- 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