GC=F - Gold Aug 20
| Pre. Settlement | N/A |
| Settlement date | 2020-08-27 |
| Open | 1,807.90 |
| Bid | 1,807.10 |
| Last price | 1,809.90 |
| Day's range | 1,806.70 - 1,808.20 |
| Volume | 1,260 |
| Ask | 1,807.30 |
- FX Empire
S&P 500 Price Forecast – Stock Markets Cotinue to Show Life
S&P; 500 initially fell during the Globex session, but we have found buyers underneath. This is a continual pattern with this market, buyers looking for value.
- FX Empire
Silver Price Forecast – Silver Markets Continue to Press Highs
Silver markets fell on Tuesday but then turned around at the $18.25 level. Because of this and gold trying to break out, silver looks very bullish.
- FX Empire
Gold Price Forecast – Gold Markets Reach Highs Again
Gold rallied a bit on Tuesday, breaking to a new high. We did not blast through the level so we will probably get an opportunity to buy another pullback.
- Zacks
Gold Prices Gain 13% in Q2 on Coronavirus Concerns
Gold clocked a gain of 13% in the second quarter of 2020, which is likely to get reflected in gold miners' upcoming second-quarter earnings releases.
- FX Empire
AUD/USD Price Forecast – Australian Dollar Continues to Be Choppy
The Australian dollar went back and forth on Tuesday, reaching towards the crucial 0.70 level. That is an area that against massive resistance.
- FX Empire
Silver Price Daily Forecast – Silver Stays Below $18.50
Silver continues its attempts to get above the nearest resistance level at $18.50.
- FX Empire
BTC Aims At Further Growth
Yesterday the BTC rate grew to 9360 USD and on Tuesday, July 7th, it is still eager to grow, remaining near the already reached levels.
- FX Empire
Robust Commodity Buying Despite Mixed Price Action
The Commitments of Traders report covering positions held and changes made by money managers in the week to June 30. A week that despite mixed price performances saw funds buying 18 out of the 24 major commodity futures tracked in this. The top five included corn, natural gas, soybeans, Brent crude oil and copper.
- FX Empire
Will Gold March Forward on Fed’s Forward Guidance?
The Fed could strengthen its forward guidance later this year. Given its dovish bias and the fresh viral outbreaks, it could be positive for gold prices.
- FX Empire
EUR/USD Mid-Session Technical Analysis for July 7, 2020
The direction of the EUR/USD the rest of the session on Tuesday is likely to be determined by trader reaction to the short-term pivot at 1.1295.
- FX Empire
Oil Price Fundamental Daily Forecast – Pressured by Renewed Concerns Over Fuel Demand
Data from the American Petroleum Institute industry group at 20:30 GMT on Tuesday is expected to show a 100,000 barrel rise in gasoline stockpiles.
- FX Empire
Forex Technical Analysis & Forecast for July 7, 2020
Daily forecast and trading signals of forex majors, commodities, cryptocurrencies and indices.
- FX Empire
Yen Under Fire as Risk Appetite Improves
G10 currencies may bully the Japanese Yen this week as growing optimism over a swift economic recovery from the pandemic boost appetite for riskier assets at the expense of safe-havens.
- FX Empire
Price of Gold Fundamental Daily Forecast – Short-Term Traders Confused by Slew of Variables
Over the short-run, it may be a good idea to keep your powder dry. After all, the long-term trend is still bullish and isn’t even being threatened.
- FX Empire
Europe and US Join in on China’s Rally, Home Builders Jump
Stock markets are set to finish firmly higher today as the bullish sentiment from China spilled over to the west.
- FX Empire
The RBA, COVID-19, and the Aussie Dollar
The Aussie Dollar has yet to take a hit, in spite of the latest COVID-19 spikes. Failure to contain the spread, however, will test the Aussie’s resilience.
- Investing.com
Stocks - Europe Seen Lower; Consolidating as Virus Cases Grow
European stock markets are set to open lower Tuesday, consolidating after Monday’s sharp gains, as investors try to balance signs of a global economic recovery with concerns over the increasing number of new coronavirus cases in the U.S. At 2:05 AM ET (0605 GMT), the DAX futures contract in Germany traded 0.7% lower. CAC 40 futures in France were down 0.7%, while the FTSE 100 futures contract in the U.K.fell 0.7%.
- Financial Times
Gold: ring the changes
Jewellery is the largest stable component of demand. Demand for gold as an investment had outstripped purchasing for jewellery manufacture just three times in the past decade. The push has been driven by anxious investors snapping up gold bars, coins and exchange traded funds.
- CoinDesk
Market Wrap: As Stocks Rally, Bitcoin Trades Above $9.3K for the First Time in 10 Days
Equities continue to beat bitcoin’s performance, but everything is making gains Monday.
- CoinDesk
Bitcoin Up 27% in First Half of 2020, Beating Gold, Silver and Platinum
Bitcoin showed its luster during the first half of 2020 amid mediocre returns from precious metals.
- FX Empire
U.S. Dollar Index (DX) Futures Technical Analysis – Trader Reaction to 96.690 Determines Near-Term Direction
The U.S. Dollar is going to keep going down as long as the economic data keeps improving.
- FX Empire
Gold Price Prediction – Prices Rally Hitting Fresh 8-Year Highs on Strong ISM Services Report
Strong gains in Chinese equities spilled over into US stocks which paved the way for higher gold prices. Stronger than expected US ISM services numbers helped add to riskier assets, which have been highly correlated gold, helping to buoy the yellow metal.
- FX Empire
S&P 500 Price Forecast – Stock Markets Rally on Strong ISM Numbers
US stock markets rallied significantly on Monday, perhaps following the Chinese lead overnight or perhaps moving based upon the ISM Nonmanufacturing numbers.
- FX Empire
Silver Price Forecast – Silver Markets Continue to Stretch Higher
The silver markets rallied a bit on Monday to kick off the week, reaching towards the $19 level. We still have the same resistance to deal with.
