fbpx
High Leverage FX
  • Home
  • Market News
    • All
    • Economy
    • Forex
    • Markets
    • Opinion
    • Politics
    • Tech
    • World
    DXY Technical Analysis – Wedge Break Happening

    DXY Technical Analysis – Wedge Break Happening

    Morning Brief – Trend of The Day

    Morning Brief – Trend of The Day

    Mixed start to Asian equities following mostly downbeat lead from Wall Street

    Asian equities could trade choppy after mixed price action on Wall Street

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    EURUSD Technical Analysis – 1.1760 Weekly Target

    EURUSD Technical Analysis – Tackling the 50-day MA

  • Economic Calendar
  • About Us
  • Trading Signals
  • Free Demo Account
  • en English
    ar Arabiczh-CN Chinese (Simplified)zh-TW Chinese (Traditional)en Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanishuk Ukrainian
High Leverage FX
  • Home
  • Market News
    • All
    • Economy
    • Forex
    • Markets
    • Opinion
    • Politics
    • Tech
    • World
    DXY Technical Analysis – Wedge Break Happening

    DXY Technical Analysis – Wedge Break Happening

    Morning Brief – Trend of The Day

    Morning Brief – Trend of The Day

    Mixed start to Asian equities following mostly downbeat lead from Wall Street

    Asian equities could trade choppy after mixed price action on Wall Street

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    EURUSD Technical Analysis – 1.1760 Weekly Target

    EURUSD Technical Analysis – Tackling the 50-day MA

  • Economic Calendar
  • About Us
  • Trading Signals
  • Free Demo Account
  • en English
    ar Arabiczh-CN Chinese (Simplified)zh-TW Chinese (Traditional)en Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanishuk Ukrainian
High Leverage FX
No Result
View All Result
Home Market News Forex

Volatility on gold has declined with the price recovering slightly

Carlo Alberto De Casa by Carlo Alberto De Casa
December 23, 2020
in Forex, Markets, Opinion
Reading Time: 1 min
0
Volatility on gold has declined with the price recovering slightly
499
SHARES
8.6k
VIEWS
Share on FacebookShare on Twitter

In the last few hours volatility on gold has declined with the price recovering slightly. Bullion is trying to stabilize after the selloff earlier this week which pulled down the price from $1,900 to $1,855. Technically it is now clear that the threshold of $1,850-$1,855 represents the first important support level. A fall below this zone would denote further short-term weakness. Vice versa, on the upside, there is no real resistance until $1,900, although the area around $1,875-$1,880 is likely to be the first test for any recovery attempt.

We should also remember that Christmas is approaching and in the next few trading sessions liquidity will be lower than usual, which could generate some spikes in both directions. That said, gold remains on track to finish this strange year with a gain of more than 20%.

 

Tags: Gold
Previous Post

European stocks edged slightly higher by easing UK-EU tensions

Next Post

2021, Hope or Hype?

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.

Related Posts

DXY Technical Analysis – Wedge Break Happening
Forex

DXY Technical Analysis – Wedge Break Happening

August 12, 2022
Morning Brief – Trend of The Day
World

Morning Brief – Trend of The Day

August 12, 2022
Mixed start to Asian equities following mostly downbeat lead from Wall Street
Markets

Asian equities could trade choppy after mixed price action on Wall Street

August 12, 2022
USDMYR Technical Analysis
Forex

USDMYR Technical Analysis

August 12, 2022
EURUSD Technical Analysis – 1.1760 Weekly Target
Forex

EURUSD Technical Analysis – Tackling the 50-day MA

August 12, 2022
PPI Inflation Preview
Markets

PPI Inflation Preview

August 12, 2022
Next Post
2021, Hope or Hype?

2021, Hope or Hype?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Market Overview

edit post
DXY Technical Analysis – Wedge Break Happening

DXY Technical Analysis – Wedge Break Happening

by Nathan Batchelor
August 12, 2022
0

The US dollar index has started to move under a large wedge pattern threatening a technical meltdown after...

Categories

  • Economy
  • Forex
  • Gadget
  • Markets
  • Opinion
  • Politics
  • RSS Feed
  • Startup
  • Tech
  • Trading Signals
  • Uncategorized
  • World

Site Navigation

  • Home
  • Market News
  • Economic Calendar
  • About Us
  • Trading Signals
  • Free Demo Account
High Leverage FX

We aim to bring you the most update and actionable information so that you can trade the financial markets with confidence and security

We are social

  • Home
  • Market News
  • Economic Calendar
  • About Us
  • Trading Signals
  • Free Demo Account

© 2019 High Leverage FX - All Rights Reserved.

No Result
View All Result
  • Home
  • Market News
    • Forex
    • Economy
    • Opinion
    • World
    • Markets
    • Politics
  • Economic Calendar
  • Trading Signals
  • About Us
  • Free Demo Account
en English
ar Arabiczh-CN Chinese (Simplified)zh-TW Chinese (Traditional)en Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanishuk Ukrainian

© 2019 High Leverage FX - All Rights Reserved.

Please share your location to continue