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.
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.
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.
The gold markets initially pulled back during the trading session on Wednesday but continue to find buyers at the $1550 level.
Gold markets have gone back and forth during the trading session on Tuesday as traders have come back to work.
The gold market rallied slightly during the trading session on Monday afternoon initially gapping lower.
The yellow metal ignored the strength of the US dollar amid purchases that pushed the price of gold towards the $1561 level an ounce.