Spot gold regained traction after last week’s sharp post-Fed fall and bounced above key $1800 level. Recovery from new 1 – 1/2 month low ($1780) extends into second day, driven by weaker dollar, as traders collected profits after euphoria on Fed’s hawkish signals for first rate hike in March and subsequent 3-4 increases until the […]
The post XAU/USD Outlook: Gold Rises Above $1800 on Weaker Dollar But Fresh Bulls Need More Evidence appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. From heated blankets to soft sheet sets, there are plenty of Read more…
The market exuberance that erupted after the Nov. 5 election is still going strong, even if the some of biggest stocks seemed to lose a step or two. Nvidia (NVDA) reported great earnings on Wednesday, Read more…
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…