Gold prices up for the fifth consecutive day, firm above $2000/oz. US dollar fails again to recover, DXY turns flat near two year-lows. Gold is holding onto daily gains on Thursday, despite the recent pullback from fresh all-time highs. XAU/USD climbed to $2070, reaching a new high and then pulled back to as low as $2048. As of writing, it trades at $2060, on its way to a new record close. The retreat in gold was limited on the back of renewed weakness around the US dollar. The DXY is back in neutral territory near 92.70, after approaching 93.00. Positive economic data from the US (jobless claims) failed to boost the dollar ahead of Friday’s NFP. During the week, the yellow metal gained so far more than $80 and it printed fresh record highs every day. The upside trend remains intact, no matter what happens in Wall Street, neither with US data. The Dow Jones is up 0.05% while the Nasdaq gains 0.18% and the S&P is flat. Silver also continues to run higher. On Thursday it is rising more than 5%, trading above 28.00, at the strongest level since April 2013. So far during the week rose $4, that is more than 15%. Technical levels 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 USD’s negative momentum against EUR and GBP unlikely to persist – HSBC FX Street 2 years Gold prices up for the fifth consecutive day, firm above $2000/oz. US dollar fails again to recover, DXY turns flat near two year-lows. Gold is holding onto daily gains on Thursday, despite the recent pullback from fresh all-time highs. XAU/USD climbed to $2070, reaching a new high and then pulled back to as low as $2048. As of writing, it trades at $2060, on its way to a new record close. The retreat in gold was limited on the back of renewed weakness around the US dollar. The DXY is back in neutral territory near 92.70, after approaching 93.00. Positive… 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.
