Gold 4 Hour Price Update
Updated February 18, 2021 01:59 AM GMT (09:59 PM EST)
The choppiness in the recent four-hour candle price action of Gold continues; to start the current 4 hour candle, it came in at a price of 1777.98999 US dollars, up 0.34% ($6.06) since the last 4 hour candle. Relative to other instruments in the metals asset class, Gold ranked 2nd since the last 4 hour candle in terms of percentage price change.
Gold Daily Price Recap
Gold is down 1.01% ($18.05) since the day prior, marking the 5th day in a row a decline has happened. On a relative basis, Gold was the worst performer out of all 5 of the assets in the metals asset class today. Let’s take a look at the daily price chart of Gold.
Gold Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. For additional context, note that price has gone down 6 out of the past 10 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Gold:
- From unknownn0120:
@nishant_india 1. Me kisi ki side nhi leta , par bhai tu ek dum chutiya hai, ye offer sirf 24 ghante ke liye tha. ab nhi hai isliye ye load nhi ho rha
2. Ye squeks ek gold backed crypto currency hai and it depends on gold price. And you could withdraw it on march 14 .
- From 0w0_Dozer:
@howaboutseventy @Dman10167 @Xbox I call out shit I don’t like with both platforms. I bashed Xbox for that stupid gold price hike until the brought it down, I wonder why you won’t do the same for a price hike on low quality games. Also it didn’t sell, hence why they made it free for a month.
- From daretocontraire:
@S_Mikhailovich @htsfhickey Bankers push the gold price lower and every fault of individual human psychology works to cause the crowd to sell as the price falls, which I view as a grand conspiracy to make me rich, as it allow me to purchase more gold at a lower USD price.
As for a news story related to Gold getting some buzz:
In his opinion, there’s still much more to come out of the silver squeeze saga, and his advice to investors was to make sure they take the time to learn about market fundamentals….The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice….Please remember that by requesting an investor kit, you are giving permission for those companies to contact you using whatever contact information you provide.