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    Asian equities could take a boost after strong gains seen on US equities

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    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

    Asian equities could take a boost after strong gains seen on US equities

    Asian equities likely to trade within narrow range following volatile session on Wall Street

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

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    Asian equities could take a boost after strong gains seen on US equities

    Asian equities may trade on the back foot as traders took profits during Wall Street session

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

    Asian equities could take a boost after strong gains seen on US equities

    Asian equities likely to trade within narrow range following volatile session on Wall Street

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

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Gold is resilient to decline despite Dollar’s recovery seen in last 48 hours

Carlo Alberto De Casa by Carlo Alberto De Casa
June 26, 2020
in Forex, Markets, Opinion
Reading Time: 1 min read
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Gold is resilient to decline despite Dollar’s recovery seen in last 48 hours

Photo by Steve Harvey.

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Gold spot price is steady above $1,760, having achieved a 7½-year high. Despite the recovery of the Dollar seen in the last 48 hours, the price is resilient to decline, confirming a significant investor interest for the yellow metal.

Technically the main scenario still appears positive, and we could be in a consolidation phase, with the market trying to gain strength for potential further rallies, which will have more chance of success if stocks decline and risk-off mode comes back.

Tags: GoldGold PriceUS dollar
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Carlo Alberto De Casa

Carlo Alberto De Casa

Chief analyst at ActivTrades and technical analyst for Italian newspaper 'La Stampa'. Carlo Alberto provides regular commentary for UK outlets including the BBC, Telegraph, the Independent Bloomberg & Reuters. He is also a weekly commentator for CNBC Italy and a columnist for La Stampa. He worked for Bloomberg as their Equity Research Fundamental Analyst before joining brokerage ActivTrades in 2011 to specialize in currency markets and commodities. In 2014 he published a 250-pages book on gold and the gold market, followed in 2018 by a new updated edition.

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