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The gold price performance is characterized by upward stability in recent trading sessions, its gains at the beginning of this week’s trading reached $1577 an ounce
Gold markets have rallied again during trading on Monday to kick off the week as fears about the coronavirus and global growth continue to be an issue.
Gold markets initially fell during the trading session on Friday, perhaps in reduction of risk when it comes to the futures market ahead of the Non-Farm Payroll figures,
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Gold markets rallied a bit during the trading session on Thursday, breaking above the highs on Wednesday which of course is a very bullish sign.
Gold markets have gone back and forth during the trading session on Wednesday.
Gold markets fell during the session on Tuesday as more of a “risk off” scenario has overtaken the markets, pushing money out of safe haven assets.
Gold markets fell hard from the $1600 level during trading on Monday, as it looks likely to continue to find buyers on dips.
With the coronavirus expanding, the economic damages have not started to simmer through.
Gold markets have gapped lower to kick off the trading session on Friday, filled the gap from the Thursday session, only to turn around and go to the upside.
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Gold markets have rallied again during the trading session on Thursday, initially gapping higher, but then pulled back to fill that gap before rallying yet again.
Gold markets rallied a bit during the trading session on Wednesday, bouncing from a pullback towards the $1565 level to show signs of life again.
Gold markets have pulled back a bit during the trading session on Tuesday, reaching down towards the $1568 level.
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Gold markets gapped to kick off the week as the Chinese coronavirus continues to have fear coming into the market.
The gold markets pulled back just a bit during the trading session on Friday, but then shot higher as we continue to see a lot of bullish pressure in general.
The gold markets have gone back and forth during the trading session on Thursday, as we continue to try to build up enough momentum to go higher.