Kinesis mony

Gold Price Eyes Monthly High as RSI Continues to Track Upward Trend

Gold Price Eyes Monthly High as RSI Continues to Track Upward Trend GOLD PRICE TALKING POINTS The price of gold extends the advance from the previous week even though the US and France settle on a trade truce, and the precious metal may continue to exhibit a bullish behavior as the Relative Strength Index (RSI) tracks the upward trend from December. GOLD PRICE EYES MONTHLY HIGH AS RSI CONTINUES TO TRACK UPWARD TREND The price of gold retraces the decline…

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Gold logs lowest finish since the start of the year as risk-on sentiment prevails

Gold logs lowest finish since the start of the year as risk-on sentiment prevails Gold prices on Monday marked their lowest finish since the first full trading day of the year, finding little haven-related interest as appetite for riskier assets lifts global equities, the U.S. dollar strengthened against the Japanese yen, and bond yields climbed. “Upbeat trader and investor attitudes” worked against the precious metals markets to start the trading week, said Jim Wyckoff, senior analyst at Kitco.com, in a…

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