Gold spiked over 175 pips in two hours after reports that China prepares a retaliatory tariff sanctions on the United States.
Gold has retraced to 1288 after a worse than expected US inflation data. A break below 1279 could precede a fast dip to 1250 | AtoZ Markets
Gold looks to have turned bearish with a double zigzag pattern at 1291-1279. A bearish break to 1250 is expected o happen. | AtoZ Markets
Gold is heading close to 1280. Will it break below to hit 1275 - year 2019 low? The following insight is based on Elliott wave theory.
Bullish strength of the Dollar starts to weaken even after positive data of the non-farm employment change
Gold has fallen more than 7 percent off its five months high (Above 1,300), last attained in January.
Gold settled modestly lower despite soft U.S. economic data.
Gold prices find support at 1150 with candles now forming higher lows on the hourly chart signalling a possible reversal of the bearish run