Gold (XAUUSD) Up $4.24 in Last 4 Hours, And A Link About 구성상품 포함 외; Came Into Today Up For the 3rd Day In A Row

Gold 4 Hour Price Update

Updated June 11, 2020 03:18 AM GMT (11:18 PM EST)

Gold closed the previous 4 hours up 0.24% ($4.24); this denotes the 2nd candle in a row an upward move has occurred. On a relative basis, Gold was the worst performer out of all 5 of the assets in the metals asset class the current 4 hour candle.

Gold Daily Price Recap

Gold came into today up 1.09% ($18.7) from the open of yesterday, marking the 3rd day in a row it has gone up. Relative to other instruments in the metals asset class, Gold ranked 3rd since yesterday in terms of percentage price change. Here is a daily price chart of Gold.

Gold Technical Analysis

Moving average crossovers are always interesting, so let’s start there: Gold crossed above its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 7 out of the past 10 days.

Overheard on Twitter

Behold! Here are the top tweets related to Gold:

  • From jimrockfordatSH:

    The #gold price looks great – and West Red Lake $RLG $RLG.c $RLGMF is really well bid…With 1.1M ounces (43-101) at 8 cents a share – it’s valued at about 10 bucks an Oz in the ground…That’s cheap! There’s no reason if gold soars we don’t see 200+ an ounce in the ground!

  • From CoolLood:

    @Unathi_Kwaza DO NOT buy any other commemorative coins.
    Don’t buy it as in NEVER, EVER. Their value is determined by sentiment and that is in eye of beholder (and in eye of seller).
    Kruger Rand is legal tender and its value determined by gold price on the day.
    PLUS you will live for ever.

  • From MichaeldeMonte2:

    @StevePersonally @petersingh206 Phillip Hammond, his disgraceful gesture to surrender the UKs stake in the EIB cost us £7bn, more than that lunatic Brown did when he crashed the gold price by announcing his intention to sell before he went to market with our nations bullion reserves

In terms of news links for Gold here’s one to try:

인스턴트펑크 공식홈페이지 – [4/29일 예약배송] Circle No.1 – Gold – INSTANTFUNK

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