GOLD-Diggerr

GOLD-Diggerr

Gold continues its downward trend that started on September 25th, as it trades at a lower level of around 1,840 per troy ounce during Monday's Asian session. The release of China's Manufacturing PMI data over the weekend indicated some improvement, but it did not offer any assistance to the XAU/USD price. The likelihood of a partial government shutdown in the...

GOLD-Diggerr Updated 

Should I invest in stocks or forex? Is forex investment safe? This is a common question of those new to investing in this market. The content below will share safe forex investment experiences for beginners. IS FOREX INVESTMENT SAFE? SHARING EXPERIENCES 1. What is Forex? Before answering the question "Is forex investment safe", let's learn about the concept...

GOLD-Diggerr

Gold price snaps a four-day losing streak, trading higher around $1,870 per troy ounce. The prices of the precious metal recovers from the lowest levels since March, primarily supported by a correction in the US Dollar (USD) due to the moderate economic data from the United States (US). From a technical perspective, the daily chart shows XAU/USD is sharply down...

GOLD-Diggerr Updated 

The EUR/USD reached a bottom at 1.0488, the lowest level since March, just slightly above the year-to-date low of 1.0483. The pair is currently hovering around 1.0500, exhibiting a bearish bias, following a modest rebound. On the daily chart, the Relative Strength Index (RSI) dipped below 30, indicating oversold conditions. After seven consecutive days of...

GOLD-Diggerr Updated 

Gold price confirmed a symmetrical triangle breakdown after closing Tuesday below the upward-sloping trendline at $1,908. The downside break triggered a fresh sell-off in Gold price, as sellers flexed their muscles and tested the $1,870 key support on acceptance below the $1,900 threshold. A Death Cross, confirmed earlier in the week after the 50-Daily Moving...