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Weak Dollar Fill Life into Gold, XAU/USD Reached The 1208 Level

XAU/USD Forecast XAU/USD reached the 1208 level as anticipated after prices climbed above the 1200.20-1199 area and penetrated the 4-hourly Ichimoku cloud.  The market is trying to find support in the 1204/3 area, which was broken yesterday. The short-term charts are slightly bullish at the moment.     On the off chance that the bulls can … Continue reading "Weak Dollar Fill Life into Gold, XAU/USD Reached The 1208 Level"

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Today’s Gold Forecast and Trading Tips

Gold Daily Forecast: 1. Gold costs fall as timid ECB converts into more grounded US Dollar 2. Raw petroleum costs edge up on stock information, Saudi shipment stop 3. US GDP information may hold gold under strain, oil affect indistinct Gold costs turned lower as the US Dollar came back to the hostile, discoloring the … Continue reading "Today’s Gold Forecast and Trading Tips"

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