GOLD: the inevitable $1,800 ahead
The gold price recently has revisited $1,750. What are we to expect?
Tag - gold
June 17: cautious optimism
The market's sentiment is generally neutral and indecisive, although still positive and inclined to risk.
June 16: risk is back
The risky mood is getting back in the Forex market pushing the risky currencies in line with the USD/JPY upwards.
June 11: Fed pressing the risk off
The US Fed's dovish announcement last Wednesday made the USD gain against riskier currencies.
June 10: Follow the Fed meeting
We are looking forward to the main event of this week - the Federal Reserve meeting
Gold prices rose ahead of Fed statement
A temporary return of risk-off pushed XAU/USD upward after the recent pullback.
June 9: The risk sentiment is fading
What are the key levels now?
June 8: limited optimism
The week starts positively, but on a milder note compared to some aggressive gains achieved recently; with the exception of the USD/JPY, the US dollar is generally weak.
June 5: EUR skyrocketed after ECB statement
The ECB unveiled more asset purchases than expected. EUR went up, but can reverse soon. What is the forecast?
June 4: the ECB meeting
The USD is trying to retrace losses versus other major currencies, while traders await comments from the ECB…
June 3: AUD winning, USD losing
As the risk-on mood stays in the market pushing the AUD to beat new local highs, the USD goes down, gold - sideways, and the oil price - up.
June 1: EUR/USD and gold moved up
The market sentiment is mixed as Donald Trump didn't impose direct sanctions on China and protests continue in the USA.
