|Day's Range||17.04 - 17.26|
|52 Week Range||17.040014 - 17.260008|
Investing.com - Gold prices will remain susceptible to any further gains in the dollar this week after declines on Friday on the back of a stronger greenback which was boosted by expectations for a more aggressive pace of policy tightening by the Federal Reserve this year.
Silver markets rallied quite nicely during the week, breaking towards the $17.25 level. This is a very bullish sign, but we are still in a larger consolidation area.
Silver markets pulled back a bit during the trading session on Friday, reaching towards the $17 level before buying pressure return, forming a bit of a base for the short-term charts.
Investing.com – Gold prices remained on course to snap a two-week winning streak as safe-haven demand faded amid easing geopolitical concerns, while continued dollar strength added to downside momentum.
Investing.com - Gold prices continued the downward trend on Friday, adding to small weekly losses in relatively static trade.
The gold prices came down slightly lower during the Thursday’s session reaching $1355 level. Overall the momentum of the market remains bullish and is likely to continue moving higher. Pullbacks offer a great opportunity to enter this market as the market has enough strong support point underneath.
Investing.com – Gold prices were trading lower on Friday as the U.S. dollar rose amidst higher 10-year U.S. treasury yields.
Silver markets rallied a bit during the trading session on Thursday, as we have broken above the $17.30 level. This market continues to look for bullish overall, but it is very choppy in general, as it is per usual.
Investing.com - Gold prices moved higher on Thursday, supported by weakness in the dollar and concerns over the eventual U.S.-North Korea summit.
The gold prices broke out above the $1350 level during the Wednesday’s session but later in the day pulled back slightly to find support underneath around the level. Given enough time this market will continue to move higher with initial resistance at the $1360 level. Pullbacks will offer a good opportunity to enter this market with important supports at $1340 level and $1325 level. …Read MoreSilver
Investing.com – Gold prices were slightly higher on Thursday while the U.S. dollar steadied amidst higher U.S. 10-year treasury yield.
The Silver markets had a quiet opening to the trading session on Wednesday, but then broke significant resistance, slicing through the $17 level rather rapidly.
It was a bullish day for commodities on Wednesday led by a surge in crude oil prices. Gold futures were only slightly higher, but other metals posted solid gains including silver which gained 2.61% and Platinum which jumped 0.95%.
Investing.com – Gold prices remained supported as a subdued dollar continued to underpinned upside in the precious metal despite easing geopolitical tensions.
Investing.com - Gold prices moved higher on Wednesday, as the dollar saw little movement and investors looked ahead to references from the Federal Reserve.
Investing.com - Gold prices edged lower on Wednesday weighed down by gains in the dollar and improving risk appetite which dampened safe haven demand for bullion.
The gold market continued to be choppy during the Tuesday’s session as it pulled back towards the $1338 level to find buyers again. The silver prices were volatile during the Tuesday’s session initially moving towards the $16.50 level but found enough support just above the $16.55 level to continue moving higher as the traders got bullish. The US dollar will continue to influence this market and as USD is falling value, the silver market will trade higher.
Investing.com – Gold prices slipped on Wednesday as dollar held its gains on the back of upbeat U.S. housing and industrial output data.
The Silver markets have been very noisy during the session on Tuesday, but ultimately it looks as if we are going to see some type of attempt to break out to the upside. I think that short-term pullbacks are likely to offer value that people are looking to take advantage of.
Investing.com – Gold prices bounced off session lows on Tuesday as the dollar retreated from its highs despite positive economic data pointing to underlying strength in the U.S. economy.