Technical Analysis on Gold
Technical Analysis: DXY & Gold update – Continue weakness in the dollar firms the bullish sentiment of Gold
Posted on 17 Aug, 2020, Monday
Gold has snapped out of its 2-month winning streak and it has traded below US$2,000 per ounce.
Technical Analysis: DXY & Gold update – Low interest rate environment set the tune for the precious metal
Posted on 27 Jul, 2020, Monday
With dollar weakening, safe haven asset such as Gold will continue to maintain its bullish outlook.
Technical Analysis: DXY & Gold update – Fed’s potential rate cut and Q.E expectation send dollar lower
Posted on 20 Jul, 2020, Monday
The U.S market dollar index (DXY) fell for the fourth straight weeks as the COVID-19 is still the key subject to market’s weakness.