Gold clings to 100-day EMA amid a lack of fresh catalysts, US-China tussle in focus Following its first negative daily closing in the week, Gold prices cling to 100-day EMA while flashing $1,465 as a quote during Friday’s Asian session. Despite challenges to the US-China trade deal and doubts over the global economy, the yellow metal recently dropped as the US dollar (USD) managed to lure risk-averse traders. Read more”¦ Gold technical analysis: Eyes support at $1,456 Gold prices could drop to support at $1,456, the candlestick pattern on the daily chart indicates. On Thursday, the yellow metal closed below $1,466 – the low of the Wednesday’s Doji candle – confirming a bearish reversal. Put simply, the corrective bounce from the Nov. 12 low of $1,445 has ended and the bears have regained control. Read more… XAU/USD, “Gold vs US Dollar” Gold has completed the descending impulse at 1461.91. Possibly, the pair may start a new correction towards 1470.20 and then continue trading inside the downtrend with the short-term target at 1463.60. Read more… FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold steadily climbs to $1470 level, recovers a part of the overnight slide FX Street 3 years Gold clings to 100-day EMA amid a lack of fresh catalysts, US-China tussle in focus Following its first negative daily closing in the week, Gold prices cling to 100-day EMA while flashing $1,465 as a quote during Friday's Asian session. Despite challenges to the US-China trade deal and doubts over the global economy, the yellow metal recently dropped as the US dollar (USD) managed to lure risk-averse traders. Read more"¦ Gold technical analysis: Eyes support at $1,456 Gold prices could drop to support at $1,456, the candlestick pattern on the daily chart indicates. On Thursday, the yellow metal closed below… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
