Gold Price Analysis: XAU/USD 18th Jan 2021

Trading | 8 months ago

Gold Price Analysis: XAU/USD  18th Jan 2021 - tradeglobalmarket

Gold prices are likely to remain depressed as speculators have reduced their bullish position. Gold prices dropped to their lowest in 1-1/2 months on Monday. Spot gold XAU= fell 0.3% to $1,820.46 per ounce by 0048 GMT.

Gold has failed to break the medium-term support line so now buyers are looking towards 200-day simple moving average.


Important Information:






 Gold Spot


 US Dollar

 1-Year Change


 Day's Range

 1,804.39 - 1,839.54

 52 wk Range

 1451.50 - 2073.41

 Prev. Close





For more analysis and daily updates, be sure to bookmark our blog and continue visiting.


New Traders

If you are new to trading then we suggest you to try our free forex, and international trading training from experts. Trade Global Market offer tight spreads, low-cost trading and deep liquidity prices. You can open a real account at Trade Global Market within few minutes and start trading instantaneously. The minimum deposit needed to trade is just $100. with this minimum deposit you get all the benefits of the best trading platform which includes 100 plus indicators and charting systems.

So, what are you waiting for?

Go ahead and apply a real account with Trade Global Market. Do not forget to share your experience in the comment section. We will catch up again for the next market analysis.





1) Kindly Note. Tradeglobalmarket do not provide any profit sharing services, Guranteed profit services or any other services which are not mentioned on our website, If any person offers such services kindly bring it to our notice at
2) Do not make any payment apart from our company accounts.. If any of our agents asking to deposit money apart from company accounts kindly bring it to our notice
{# #}