Page 34 - Pivot Points News Today

Article content Members of the Cornwall and Area Chamber of Commerce learned about how the organization has weathered the ongoing COVID-19 pandemic during its annual general meeting, held virtually on Tuesday. “So much has happened not only to the chamber but all of us,” said executive director Greg Pietersma, who started on the job in early in 2020, just prior to the pandemic. We apologize, but this video has failed to load. Try refreshing your browser. Cornwall chamber records increase i...

Gold Price Analysis: XAU/USD remains two steps away from $1800 and beyond – Confluence DetectorNEWS | 4/23/2021 3:49:09 AM GMT | By Dhwani Mehta Gold (XAU/USD) is attempting a tepid bounce after falling 1% on Thursday amid a sharp recovery staged by the US dollar. Risk-aversion gripped the markets on Bloomberg report that the Biden administration is proposing higher taxes on the wealthy to pay for its social plan. Flight to safety lifted the safe-haven...

Gold Price Analysis: Recapturing $1800 critical for XAU/USD to unleashing additional upside – Confluence DetectorNEWS | 4/22/2021 3:09:09 AM GMT | By Dhwani Mehta Gold (XAU/USD) is consolidating its latest leg up to fresh two-month highs just shy of the $1800 mark. The upbeat momentum in gold was revived by the renewed sell-off in the US Treasury yields amid an uncertain global economic outlook, thanks to the surging covid infections. Meanwhile, the on...

Gold (XAU/USD) is holding the higher ground, on track to recapture the $1800 mark, as weaker Treasury yields boost the appeal of the non-interest-bear

4/20/2021 3:15:45 AM GMT | By Dhwani Mehta Gold (XAU/USD) is extending its corrective decline from seven-week highs of $1790 reached on Monday. The rebound in the US Treasury yields serves as a key driver for the pullback in the non-yielding gold, which offsets the impact of the sagging dollar. US President Joe Biden’s efforts to seek a deal on his $2.25 trillion infrastructure proposal revived the buying interest around the yields. The global covid vac...

; Gold Price Analysis: XAU/USD’s path of least resistance appears north, $1798 in sight – Confluence DetectorNEWS | 4/19/2021 3:20:59 AM GMT | By Dhwani Mehta Gold (XAU/USD) is consolidating last week’s rally to two-month highs of $1784, in the wake of the persistent weakness in the US Treasury yields across the curve. Resurgent haven demand for the US dollar, amid concerns over the US President Biden’s $2.25 trillion infrastructure stimulus and ...

Gold Price Analysis: XAU/USD has three stepping stones on the way up – Confluence DetectorNEWS | 4/19/2021 1:32:29 PM GMT | By Yohay Elam Gold remains well bid at the beginning of the new trading week, changing hands at around $1,770.  XAUD/USD benefits from depressed US ten-year yields, which are dropping despite the economic boom that America is experiencing. The yieldless precious metal needs returns on US debt to fall in order to move higher.  H...

4/16/2021 2:54:42 PM GMT | By Yohay Elam Gold has been extending its gains, benefiting from the persistent drop in US Treasury yields. Returns on ten-year US debt has remained below 1.60%, making the yieldless precious metal more attractive. Moreover, it seems that the XAU/USD bulls are lifting their heads, with fresh interest.  How is gold positioned on the technical charts? The Technical Confluences Detector is showing that XAU/USD is struggling at ...

Apr 15, 2021 17:01 GMTFXStreet News Gold has been on a roll – benefitting from the drop in returns on US government debt. The yieldless precious metal had been pressured amid competition from safe assets and can now shine again. Returns on the benchmark ten-year bonds dropped below the critical 1.60% and XAU/USD topped $1,760.  How is gold positioned on the technical charts? The Technical Confluences Detector is showing that XAU/USD has little resistance on the way up, with the next high ...

Gold Price Analysis: Recapturing $1754 barrier is critical for XAU/USD, Powell eyed – Confluence DetectorNEWS | 4/14/2021 5:05:26 AM GMT | By Dhwani Mehta Gold (XAU/USD) is edging lower from near the $1750 supply zone, although holds most of Tuesday’s gains induced by broad-based US dollar sell-off. The greenback wallows in three-week lows against its main competitors, weighed down by the decline in Treasury yields after stronger US CPI. Solid US 30-...