GOLD PRICE FORECAST: Recommended by Zain Vawda Get Your Free Gold Forecast MOST READ: USD/CAD Retreats Following Hot Canadian Inflation Data Gold prices continue to hover around the $1900 support handle following a brief push lower yesterday. Sellers were unable to maintain the momentum however, with the precious metal closing just above the $1900 mark
Gold (XAU/USD) Analysis Gold sinks as yields and strong US economy weigh on the metal Gold selloff picks up steam after confluence resistance tag GLD outflows pick up as gold price heads lower The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive
Gold, XAU/USD, US Dollar, China, Yuan, Treasury Yields, DXY Index, GVZ – Talking Points The gold price headwinds persist as Treasury yields push higher, boosting USD The PBOC has adjusted policy as the outlook for China faces challenges Volatility remains low but has inched up slightly. If it goes higher, where to for XAU/USD? Trade
Gold Price (XAU/USD) Analysis, Price, and Chart Gold hit by a robust US dollar. Risk-off sentiment fails to give the precious metal a lift. Learn How to Trade Gold for Free Recommended by Nick Cawley How to Trade Gold A stronger US dollar, bolstered by rising US Treasury yields, is pressing down on gold and
Recommended by Daniel Dubrovsky Get Your Free USD Forecast The US Dollar outperformed its major counterparts this past week, with the DXY Dollar Index gaining over 0.8 percent. In fact, the DXY just wrapped up its 4th consecutive weekly gain. The last time the same winning streak occurred was back in February. A 5th push
As bond markets puked yesterday, it validated the drop in gold this week amid a firmer dollar as well. Gold may be up 0.3% today (at least for now) but is still down 1.3% on the week and set for its worst performance since mid-June. Looking at the chart: Gold (XAU/USD) daily chart The rally
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Share: Gold weakness has extended back to key support at $1,898/1,893 but strategists at Credit Suisse continue to look for a floor here. Weekly close below $1,893 would reinforce the longer-term sideways range We look for key support and the 38.2% retracement of the 2022/2023 uptrend, 200-DMA and June low at $1,900/$1,891 to
Share: Gold price looks supported but needs to pass through more filters for a confident reversal. US inflation grew slower than forecasted in July as lower second-hand automobile prices offset rising rentals. US President Biden restricts some new investment in China in sensitive technologies. Gold price (XAU/USD) faces selling pressure as the United States Producer Price
Gold, XAU/USD, CPI, Trendline Breakout – Precious Metals Briefing: Gold prices sink in the aftermath of US inflation data Longer-term Treasury yields outpaced the front-end This will continue making life difficult for XAU/USD Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices weakened in the aftermath of US inflation data on Thursday, reversing
