Gold (XAUUSD) Down $3.23 On 4 Hour Chart; Moves Down For the 3rd Straight Day
One example is the gold price hike that fortunately they took back.
Gold
(Last Updated February 24, 2021)
Welcome to the news page for Gold (XAUUSD). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
On XAUUSD, there is currently a downtrend on the 90 and 30 day timeframes.
XAUUSD Moving Averages
The moving averages on XAUUSD summarize its price action in an interesting way. Out of the moving averages we’re monitoring (20, 50, 100, and 200 days), all but the 200 are bearish, implying a downward trend, aside from a jump about 6 months prior.
Below is a chart showing XAUUSD’s price with its moving averages.
The View From the Weekly Timeframe
At the time of this writing, XAUUSD’s price is up $22.75 (1.28%) from the week prior. Moreover, note that this move is a reversal from the week prior, which saw price move down. As for the trend on the weekly timeframe, we see the clearest trend on the 20 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. XAUUSD’s weekly price action over the past 52 weeks can be seen via the chart below.
Gold (XAUUSD) Up $5.8 Over Past 4 Hours, Underperforms All metals; Pin Bar Pattern Appearing on Chart
Bitcoins price is based on a ledger that anyone can see.
Gold (XAUUSD) Up $1.6 in Last 4 Hours; 2 Day Up Streak Broken
Thursday, february 25th 11am aedt (sydney) wednesday, february 24th 7pm est (new york) time left until registration closes: harry dent and james rickards are gearing up to meet face to face in a live debate to discuss in depth the future of gold and how to make more informed investment decisions in 2021 and beyond….
Gold (XAUUSD) Up $2.54 in Last 4 Hours; Entered Today Up 1.48%
Look at the gold price.. as i said to @jimcramer a while back, gold will not perform if yields rise because of the cost of carry issue.
Gold (XAUUSD) Up $2.88 On 4 Hour Chart, 6 Day Down Streak Broken; in a Downtrend Over Past 14 Days
Out of the 5 instruments in the metals asset class, gold ended up ranking 4th for the day in terms of price change relative to yesterday.
Gold (XAUUSD) Down $4.78 On 4 Hour Chart, Moves Down For the 6th Straight Day; Pin Bar Pattern Appearing on Chart
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
Gold (XAUUSD) Up $6.06 in Last 4 Hours, Fares the Worst Out of metals; Entered Today Down 1.01%
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.
Gold (XAUUSD) Down $6.22 Over Past 4 Hours; Entered Today Down For the 4th Consecutive Day
Out of the 5 instruments in the metals asset class, gold ended up ranking 3rd for the day in terms of price change relative to yesterday.
Gold (XAUUSD) Up $2.19 On 4 Hour Chart, Underperforms All metals; Moves Down For the 3rd Consecutive Day
On a relative basis, gold was the worst performer out of all 5 of the assets in the metals asset class today.
Gold (XAUUSD) Down $3.68 On 4 Hour Chart, Underperforms All metals; Started Today Down 0.1%
For another vantage point, consider that gold’s price has gone down 8 of the previous 14 trading days.