Share: XAU/USD closed the week with a 1% weekly decline above the convergence of the 20 and 200-day SMAs. US yields are set to close a 2% weekly increase. Attention shifts to next week’s US CPI and Retail Sales from the US. At the end of the week, the XAU/USD traded with mild
Share: Gold price discovers support as Fed policymakers see no interest-rate increase in September. The USD Index hovers near 105.00, preparing for a fresh upside amid the risk-off mood. Fed’s Goolsbee said the central bank is aiming to push the economy on a “golden path”. Gold price (XAU/USD) extends recovery as Federal Reserve (Fed)
Gold, XAU/USD – Outlook: Gold has pulled back from near key resistance and US real yields rebound. XAU/USD is approaching vital support on the 200-DMA. What is the outlook and what are the key levels to watch in XAU/USD? Recommended by Manish Jaradi How to Trade Gold Gold is restarting to feel the heat of
Gold (XAU/USD) Analysis US dollar and yields remain central ahead of US CPI print Gold set for weekly decline as price action hovers around key 200 DMA US CPI remains the key risk in the week ahead as the Fed prepares for next meeting The analysis in this article makes use of chart patterns and
Gold price extends its gains on the second successive day, trading higher around $1,920 a troy ounce during the Asian session on Friday. The price of لینک منبع : هوشمند نیوز
Gold is under renewed selling pressure, having risen to 1,952 on the first trading day of September, breaking out of the ascending channel on the 4-hour chart and returning to the May-August bearish channel. XAUUSD on Wednesday’s trading closed -0.4% down, a 1-week low. Wednesday’s rise in the US dollar index to a 5-month high
GOLD PRICE FORECAST Gold prices lack direction, languishing near the lowest level since August 29, as traders await new data The August U.S. inflation report, due for release next Wednesday, may be an important catalyst for precious metals This article looks at key XAU/USD’s technical levels that may come into play in the near term
Gold price pause droping today , it touch the Boll bands middle line, because the USD Index still at a very strong situation, the market data shows that the FED is still gona raising interest rate in near future. As the USA finacial data is so strong. such as the USA PMI raise to 54.5,
The US data has started to miss expectations in the past few weeks which gave Gold a tailwind as it’s sensitive to interest rates expectations. In fact, we saw the market repricing expectations on the more dovish side with no more rate hikes expected and rate cuts starting to be priced as soon as June
Share: Gold Price pares recent losses at weekly low after five-day losing streak. XAU/USD bears the burden of strong US Dollar, China woes. Mostly upbeat United States data, Federal Reserve talks propel yields, US Dollar and weigh on the Gold Price. Risk catalysts, mid-tier US data and Fed signals eyed for fresh impulse
