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On Friday, the precious metal gold prices continue trading sideways around 1,933, amid a lack of volatility and uncertainty among investors. Traders are bracing for one of the highest impact economic events such as the U.S. NFP, which typically drives the massive market movement. What to expect from NFP and how to trade gold on the news? Let’s find out in a gold price forecast video.
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Qatar’s LNG Halt Rattles Global Gas Trade and Pricing Key Moments
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No LNG carriers have passed through the Strait of Hormuz since […]
Commodity Market: Pivot Levels for Wednesday (May 3rd 2017) Silver (SI) for July delivery (1 Troy Ounce)R1 – $16.851
R2 – $16.870
R3 (Range Resistance – Sell) – $16.890
R4 (Long Breakout) – $16.949
R5 (Breakout Target 1) – $17.018
R6 (Breakout Target 2) – $17.046S1 – $16.811
S2 – […]
GBP/JPY falls as slowing UK wage growth adds to BoE cut case The GBP/JPY currency pair edged lower on Tuesday, after data showed UK wage growth had decelerated further in the three months to November, which reinforced investor expectations of sharp interest rate cuts by the Bank of England this […]
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Gold retreats following positive U.S. data Gold erased prior daily gains during early American trading on Wednesday as upbeat U.S. data strengthened the dollar, pressuring dollar-denominated commodities.On the Comex division of the New York Mercantile Exchange, gold futures for […]