Gold price retreats to 1460 as US-China trade highlights increased risk appetite. What is the overwhelming market sentiment?
Gold price quickly reversed a mid-European session dip to the $1534 region and moved back into the positive territory post-US GDP.
Gold price surged to fresh multi-year tops on Wednesday, with bulls now eyeing a move towards conquering the key $1500 psychological mark.
Gold price manages to preserve weekly gains amid reviving safe-haven demand. Bulls seemed to lack strong conviction ahead of the highly anticipated FOMC decision.
Gold price breaks back above the 20-Day moving yesterday, dominated by bulls lifting the market higher throughout the day.
Gold price has been oscillating between two converging trend-lines over the past three trading sessions. Is XAUUSD vulnerable to slide back below $1400?
Gold price pulled away from multi-year highs during yesterday’s session after a fail attempt to break above it and consolidated comfortably above the $1400 mark.
Gold price surges during today’s early session and tried to break above the previous week’s multi-year top of $1438.66 per ounce, but quickly retreated.