Page 39 - Pivot Points News Today

Gold (XAU/USD) remains under pressure while below the $1850 level, with the $1800 support back in sight amid a lack of new developments on the US fisc

Gold (XAU/USD) sees bargain hunters jumping in, as the attempts to recapture $1850 continues this Wednesday. The revival of the reflation trades amid

Gold has been able to stage a comeback after the US reported an increase of only 49,000 jobs in January. The disappointing Nonfarm Payrolls report pus

DAX is very strong and its in uptrend without big retracements. However, it is getting close to monthly resistance. M H5 camarilla resistance is impor

Feb 5, 2021 04:42 GMTFXStreet News Gold consolidates the heaviest losses in over a month around $1,795 during early Friday. The yellow metal dropped to a nine-week low the previous day before recovering from $1,785. While the broad US dollar gains remain on the table, which has been weighing on gold prices off-late, the pre-NFP trading lull seems to challenge the commodity trading by press time. That said, the US dollar index (DXY) rises to a fresh high since December 01 while the market’s ri...

2/3/2021 6:13:58 AM GMT | By Dhwani Mehta Gold (XAU/USD) has turned south once again after facing rejection under $1850, although holds well above the multi-day lows of $1830. Gold draws support from the progress on US President Joe Biden’s $1.9 trillion stimulus package, which weighs on the safe-haven US dollar. Meanwhile, surging demand for bullion coins also underpins the sentiment around the yellow metal. The US Mint said Tuesday, sales of gold bull...

Feb 3, 2021 19:32 GMTFXStreet News USD/JPY is starting to decelerate on the daily and 4-hour time frames. Bulls may still have an appetite towards the 106 area.  A correction of the massive bullish impulse is inevitable, but it is still too bullish to presume an imminent reversal. JPY net long positions had dropped after their recent push to the highest levels since October 2016 which is transpired in the spot market following a breakout of the longterm bearish dynamic resistance. (Daily Char...

With retail attention back on the while metal, Silver (XAG/USD) is trading near the highest levels in six months reached at $29.01 in early Asia. A su

With retail attention back on the whilte metal, Silver (XAG/USD) is trading near the highest levels in six months reached at $29.01 in early Asia. A surge

Gold (XAU/USD) is back to square one this Friday after Thursday’s rollercoaster ride, thanks to Reddit’s day-trader-led silver market craze.