Futures contracts for gold prices fluctuated in a narrow range that tends to rise during the Asian session, to witness its retracement of the second session in three sessions from its lowest since July 22, amid the decline of the US dollar index for the second session from its highest …
The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the second session from its high since September 15 against the Japanese yen amid scarcity of economic data at the beginning of this week by the Japanese economy and …
The pair may receive support today as the sentiment in the global markets improves, and riskier assets are in demand.
Technical side:
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is above the oversold zone and is growing. Stoch are turning …
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