Gold Price Forecast: Gold Slumps to Start September, Support in Sight

September 03, 2020 at 06:15PM

Gold came into August with aggressive strength but that soon slowed down. Prices are holding on to support ahead of tomorrow's NFP.

From: James Stanley
Selected by fonecable.com

Search Web: Gold Price Forecast: Gold Slumps to Start September, Support in Sight

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

Gold Price Forecast: XAUUSD to bounce higher towards the $1,900 level – ANZ 4 July 2022

Gold trades slightly aboe the $1,810 mark. Economists at ANZ Bank expect the yellow metal to find suppor at current levels and move toward $1,900. Equ

FX option expiries for July 4 NY cut 4 July 2022

FX option expiries for July 4 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0440-50 558m 1.0470 249m 1.0530 210

Gold Price Forecast: XAUUSD awaits death cross confirmation to resume the downtrend below $1,800 4 July 2022

Gold Price defends minor recovery gains above $1,800 amid US holiday. As FXStreet’s Dhwani Mehta notes, death cross is set to ring knell for the yello

Steel Price extends losses as China, Europe signal demand-supply mismatch amid recession fears 4 July 2022

Steel Price recalls bears after a brief absence during the last week as economic fears join the imbalance of the demand-supply matrix. That said, the

Switzerland Consumer Price Index (MoM) came in at 0.5%, above expectations (0.3%) in June 4 July 2022

Switzerland Consumer Price Index (MoM) came in at 0.5%, above expectations (0.3%) in June

Switzerland Consumer Price Index (YoY) above expectations (3.2%) in June: Actual (3.4%) 4 July 2022

Switzerland Consumer Price Index (YoY) above expectations (3.2%) in June: Actual (3.4%)

Natural Gas Futures: Some consolidation appears on the cards 4 July 2022

CME Group’s flash data for natural gas futures markets noted open interest dropped for the second session in a row on Friday, this time by just 303 co

EUR/USD stabilizes above 1.0430 amid lackluster DXY, Fed minutes in focus 4 July 2022

The EUR/USD pair is oscillating in a narrow range of 1.0424-1.0445 in the early European session. The asset has turned sideways as the US dollar index

Germany Trade Balance s.a. came in at €-1B, below expectations (€2.4B) in May 4 July 2022

Germany Trade Balance s.a. came in at €-1B, below expectations (€2.4B) in May

Germany Trade Balance s.a. below expectations (€2.4B) in May: Actual (€1B) 4 July 2022

Germany Trade Balance s.a. below expectations (€2.4B) in May: Actual (€1B)

Germany Imports (MoM) above expectations (1.2%) in May: Actual (2.7%) 4 July 2022

Germany Imports (MoM) above expectations (1.2%) in May: Actual (2.7%)

Germany Exports (MoM) below forecasts (-0.3%) in May: Actual (-0.5%) 4 July 2022

Germany Exports (MoM) below forecasts (-0.3%) in May: Actual (-0.5%)

Gold Price Forecast: XAU/USD rebound eyes $1,830 ahead of Fed Minutes and US NFP 4 July 2022

Gold Price (XAU/USD) picks up bids around $1,812 while stretching the previous day’s recovery from a multi-day low heading into Monday’s European sess

Gold Price Forecast: XAUUSD has more room on the downside 4 July 2022

Gold closed the third straight week in negative territory. As FXStreet’s Eren Senfgezer notes, the technical outlook shows that the bearish bias stays

USD/CAD eases from 1.2900 as escalating recession fears trim DXY’s appeal 4 July 2022

The USD/CAD pair is facing barricades around the round-level resistance of 1.2900 as expectations of lower growth forecasts in the US economy have wea

Crude Oil Futures: Scope for further decline 4 July 2022

Advanced prints from CME Group for crude oil futures markets noted investors trimmed their open interest positions for the third straight session on F

NZD/USD defends 0.6200 at two-year low even as options market disagrees with bulls 4 July 2022

NZD/USD pares recent losses at a 26-month low, up 0.80% around 0.6210 heading into Monday’s European session, as the US dollar retreats from a two-wee

Gold Futures: Further upside appears unlikely 4 July 2022

Open interest in gold futures markets recorded the second daily drop in a row on Friday, now by just 330 contracts according to preliminary readings f

USD/JPY attempts to sustain above 135.00 as focus shifts to Fed minutes 4 July 2022

The USD/JPY pair has remained subdued in the Asian session, following the footprints of the US dollar index (DXY). The major slipped lower at the open

USD/TRY retreats towards $16.70 despite fears of bumper inflation from Turkiye 4 July 2022

USD/TRY braces for Turkish inflation data as it snaps a two-day uptrend around the highest levels in a week during early Monday morning in Europe. Tha

Gold Price Forecast: Gold Slumps to Start September, Support in Sight

September 03, 2020 at 06:15PM

Gold came into August with aggressive strength but that soon slowed down. Prices are holding on to support ahead of tomorrow's NFP.

Search Web: Gold Price Forecast: Gold Slumps to Start September, Support in Sight

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Recent Posts

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | CODE: SHOP100 / SHOP200 / SHOP300

ADVERTISEMENT

Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

July Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Leave a Reply

USD/JPY Price Analysis: Will a Data Heavy End to the Week Spur USD?

Dow drops 800 points as Apple leads tech shares lower

September 03, 2020 at 06:15PM

Gold came into August with aggressive strength but that soon slowed down. Prices are holding on to support ahead of tomorrow's NFP.

ADVERTISEMENT

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

ADVERTISEMENT

July Reports

ADVERTISEMENT

Leave a Reply

Related Post