Gold Falls as Low As 1300 After US Dollar Index Raises
2018-05-15 04:14 pm | Resource: NEWS | No Views : 45
Gold turns into losses and breaks the $ 1,300 barrier as the US dollar index rose to its highest level since 22 December after the release of US retail sales,
Where retail sales, which account for nearly half of consumer spending, representing more than two-thirds of US GDP, showed a slower pace of growth to 0.3% versus 0.8% in March, worse than expectations of 0.4%.
US President Kim Jong-un and US President Donald Trump are due to meet in Singapore next month after North Korea announced its plans to dismantle the nuclear test site from May 23 to 25, depending on weather conditions, the official KCNA news agency reported. A statement issued by the Ministry of Foreign Affairs.
The dollar index rose Tuesday by 0.50%, reaching its highest level in 5 months, after the correction, to 93.02.
To see gold prices Tuesday, a decrease of 1.58% to reach levels of 1293 dollars per ounce after recording a low of 1291 dollars an ounce and opened today's session at 1313 dollars per ounce to a high of 1314 dollars an ounce.
Silver fell by 2.10% to reach $ 16.29. Silver opened today at $ 16.53 and hit a high of 16.56 and a low of $ 16.56. $ 16.20 per ounce.
Gold prices gained 0.6% last week, marking the first weekly gain in a month, on the back of the US currency's rally against a basket of major and minor currencies
Time frame Used - four hours The USDJPY is moving in a bearish direction in the near term The USDJPY was able to control the USDJPY move to the support level of 109.49, forming a double bottom In view of the technical indicators Both the RSI and the Stochastic are indicating the arrival of indicators to the oversold area Accordingly, we expect that the USDJPY will test levels…
- GBPUSD Technical analysis 24 May 2018 01:29 am2018-05-24
- EURUSD Technical analysis 24 May 2018 01:21 am2018-05-24
- USDJPY Technical analysis 23 May 2018 12:09 am2018-05-23
- GBPUSD Technical analysis 23 May 2018 12:07 am2018-05-23
- EURUSD Technical analysis 23 May 2018 12:04 am2018-05-23
- USDJPY Technical analysis 22 May 2018 12:53 am2018-05-22
- GBPUSD Technical analysis 22 May 2018 12:38 am2018-05-22
- EURUSD Technical analysis 22 May 2018 12:17 am2018-05-22
- USDJPY Technical analysis 21 May 2018 11:00 pm2018-05-20
Best trading brokers
- commodities Fundamental analysis aaab 2017-08-13
- Euro zone manufacturing PMI widen in June, EUR /USD Slip’s 2017-07-03
- Bitcoin burglars succeed in stealing 140,000 dollars of encrypted currency 2017-11-07
- job growth slowed by much more than anticipated in the month of March 2018-04-06
- Chairman Gaincarlo just made the most bullish statements in front of the Congress 2018-02-06
- 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