Gold Futures: Scope for the continuation of the uptrend

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Gold Futures: Scope for the continuation of the uptrend By pabspiovano Gold Commodities Metals OpenInterest Futures

Gold faces strong resistance around $1,870was on the back of rising open interest and opens the door to further gains in the very near term. Against that, the precious metal faces a tough resistance around the $1,870 level per ounce troy.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

pabspiovano

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold Price Forecast: XAUUSD to surge higher towards $1,900 on a daily close above $1,870Gold Price picked up renewed bids on Thursday to hit fresh monthly highs at $1,871, surpassing the previous week’s top of $1,870. Will XAUUSD extend t
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold Price Forecast: Bulls return with a vengeanceXAUUSD Current price: $1,868.25 Softer-than-anticipated US employment figures undermined demand for the greenback. US Federal Reserve Vice-Chair Brai
Source: FXStreetNews - 🏆 14. / 72 Read more »

Elvis Presley’s One-of-a-Kind Gold Ebel Watch Is up for SaleThe one-of-a-kind piece sports no less than 26 round white diamonds.
Source: RobbReport - 🏆 309. / 63 Read more »

Gold Price Forecast: XAU/USD rebounds to $1850 despite higher US yieldsGold prices bounced from multi-day lows under $1830 to the $1850 area after the beginning of the American session and despite higher US yields. XAU/US
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold Price eyes new multi-week lows as key support failsGold Price stays on the back foot mid-week pressured by rising US Treasury bond yields and the renewed dollar strength. The near-term technical outloo
Source: FXStreetNews - 🏆 14. / 72 Read more »

Softball: O’Connor’s Leighann Goode to make herself at home at stateThe future Texas Longhorn gets a glimpse of her future at the UIL state tournament.
Source: ExpressNews - 🏆 519. / 51 Read more »