Breaking News

Gold Found A Wave Of Buyers Under 1200

News Date: 6/10/2014 20:40:19

After Gold dive at NFP news release under 1200 it manage to dive till 1182 support without touching the support 1180 and after a wave of buyers is well shown on chart was very active on Monday and still holding till now above 1200


Gold as a metal is found in a rare quantity on earth and the demand on Gold always in a increase, and based on common sense of Supply and Demand economic theory Gold might be getting ready to fly toward 1400 as the price under 1200 did attract lot of buyers.


Provided By Fxhighway 

Latest news

Oil prices fell today, Wednesday, after the increase in crude inventories, which increases the fears of supply. Therefore, it is expected that US crude production will decline by 600 thousand barrels
07-2020 08 08:20:53

Corona virus infection in the United States of America reached its maximum, reaching two million, 840 thousand and 906 cases, according to the Centers for Disease Control yesterday, after it recorded
07-2020 06 00:36:17

After the long collapse, the American labor market is achieving some relative recovery, as the number of added jobs yesterday reached 4,800 million jobs, which exceeded all expectations, and came as
07-2020 03 00:34:55

Beginning with the latest developments in commodities, the gold futures contracts started this morning with a rise of 0.70%, to be traded at 1784.56 dollars an ounce, after opening at 1771.61 dollar
07-2020 01 03:47:05

Oil prices continued to lose their losses after the recovery in demand decreased, due to the high number of injuries they suffer, and Brent crude fell by the same percentage 2%, which in turn pays to
06-2020 29 05:49:33

More News