Unchallenged US Dollar Set to Weigh on Gold Upside

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 Returns to Bearish Area

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 Outlook Hinges on Key US Inflation Data, XAU/USD on Breakdown Watch

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

Can GOLD Stop droping ? – Forecasts – 7 September 2023

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,

Gold Technical Analysis – Watch the US data

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

XAU/USD rebound appears elusive below $1,950 as yields drive US Dollar higher

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

Gold On the Cusp of Another Breakdown

GOLD OUTLOOK & ANALYSIS Higher oil prices & global growth concerns push USD higher. US ISM services PMI’s in focus later today. Cautious gold traders look to fundamentals for guidance. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL FORECAST Gold prices are under threat of another collapse as reflation fears have been

Gold Price Steadies as US Real Yields Offset by Potential BRIC Demand. Lower XAU/USD?

Gold, XAU/USD, Treasury Yields, TIPS, Real Yields, BRIC, Gold Hoarding – Talking Points The gold price is struggling to break the range as hurdles are ignored for now More important than elevated Treasury yields, real yields have been strengthening BRIC nations might be eyeing gold for alternative purposes. Will it drive XAU/USD north? Trade Smarter