Gold (XAUUSD) Down $37.12 Over Past 4 Hours, Makes Big Move Relative to Past Month; Price Base in Formation Over Past 30 Days
Analysts have warned to keep close tabs on a potential rush to cash as the u.s.
Gold
(Last Updated September 21, 2020)
Welcome to the news page for Gold (XAUUSD). Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
For Gold, we have to zoom out to the 90 day timeframe and beyond to see a clear trend; at that point, a clear uptrend becomes apparent.
XAUUSD Moving Averages
The moving averages on XAUUSD indicate a trend that is clearly bullish. Moreover, today we saw the 20 moving average turn bullish.
The chart below illustrates.
The View From the Weekly Timeframe
At the time of this writing, XAUUSD’s price is up $8.19 (0.42%) from the week prior. Moreover, note that the weekly chart shows that XAUUSD has seen 2 straight up weeks. If you’re a trend trader, consider that the strongest clear trend on the weekly chart exists on the 20 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a bearishness in price, as the 20 and 50 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. XAUUSD’s weekly price action over the past 52 weeks can be seen via the chart below.
Gold (XAUUSD) Up $7.09 in Last 4 Hours, Entered Today Up 0.37%; in an Uptrend Over Past 90 Days
Bonanza is right next to the penny west mines which is one of the highest-grade undeveloped gold assets in wa.
Gold (XAUUSD) Down $16.72 Over Past 4 Hours, And A Story About Yeoh; Entered Today Down 0.67%
Rising gold exposes abject policy failure & currency collapse well underway.
Gold (XAUUSD) Up $3.8 On 4 Hour Chart, And A Link About Vaneck; Pin Bar Pattern Appearing on Chart
Gold and ag in a few years will be the hardest asset to attain.
Gold (XAUUSD) Down $0.85 On 4 Hour Chart, And A Link About Heap Leach; Eyes 20 Day Average
I think most people who read or invest in this industry are in the same situation.
Gold (XAUUSD) Up $14.87 Over Past 4 Hours, Breaks Above 20 Day Average; in an Uptrend Over Past 90 Days
Imagine the low-grade nature that is analogous with porphyry deposits and the associated large amount of ore that is treated with a heap leach process.
Gold (XAUUSD) Down $12.57 in Last 4 Hours, And A Story About Fxstreet; Entered Today Down 0.74%
The above bearish picture will be confirmed if the price drops below the 50 simple moving average and the 100 sma….
Gold (XAUUSD) Up $7.41 in Last 4 Hours, And A Link About Evie Liu; Price Base in Formation Over Past 14 Days
It should be noted, though, that a trend in the opposite direction, going down, exists on the 30 day timeframe.
Gold (XAUUSD) Up $15.73 Over Past 4 Hours, And A Story About Silver; Breaks Above 20 Day Average
Another 8,500 oz quarter with a build up to +10k oz in q4 and i’ll be calling 73m share all in for 85k oz production in 2022.
Gold (XAUUSD) Up $0.72 Over Past 4 Hours, Tops All metals; in an Uptrend Over Past 90 Days
Goldfields 1.5 g/t open pit in saskatchewan, with – 1m p+p , 1m m+i, 0.2m inf. – pfs 2011 based on c$1,250. – current gold price npv 980m, irr 76%.