The price of gold last Friday moved up to test its 100/200-day moving average (blue and green lines on the chart below). Sellers leaned against those levels and the price on Monday/Tuesday tried to keep a lid at those moving averages. However, on Wednesday, the price broke higher and it’s been trending to the upside
Share: Gold price extends upside as Israel prepares to attack Hamas group. Fed Chair Powell supported neutral interest rates amid higher US bond yields. 10-year US Treasury yields jump above 4.9% amid unsustainable Congress budget deficits. Gold price (XAU/USD) rose sharply as Middle East tensions kept escalating and the Federal Reserve (Fed) Chair
Share: XAU/USD trades at $1971.15, marking a 1.24% gain. Fed Chair Jerome Powell’s comments at the Economic Club of New York led to expectations of no further rate hikes by the Fed. Powell states that policy is restrictive and emphasizes the need for careful policy setting. Gold price (XAU/USD) extended its gains to
XAU/USD, XAG/USD PRICE FORECAST: MOST READ: GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD Post UK CPI Gold extended its gains throughout the day today in light of increased risk aversion from market participants. The rise of the risk-off environment today comes courtesy of an explosion of a hospital in Gaza last night which saw both
Middle East Escalation Props up Gold, Oil Ahead of Fed Speeches لینک منبع : هوشمند نیوز
Gold, XAU/USD, US Dollar, Treasury Yields, Israel, Federal Reserve, GVZ Index – Talking Points The gold price appears comfortable above US$ going into Wednesday’s trading session Treasury yields are after making new highs again but gold appears unfazed by it The US Dollar has been choppy despite global uncertainty. Will XAU/USD remain bid? Recommended by
Gold (XAU/USD) Analysis, Prices, and Charts Macro backdrop remains supportive for gold. The 200-day simple moving average is now in play. Recommended by Nick Cawley How to Trade Gold According to a range of media reports, US President Joe Biden and Israel’s government have agreed to a relief plan that ‘minimizes civilian casualties and enables
GOLD OUTLOOK & ANALYSIS Real yields limit gold upside as Fed cycle under scrutiny. Fed speakers in focus later today. Rejection at key resistance on daily gold chart. Elevate your trading skills and gain a competitive edge. Get your hands on the U.S. dollar Q4 outlook today for exclusive insights into key market catalysts that
Share: Gold price trades near $1,925 amid the mixed sentiment. The geopolitical tensions between Israel and Palestine boost the demand for XAU/USD. The upbeat US inflation report has prompted investors to price in a possible rate rise by the Federal Reserve (Fed). Investors will focus on the US Retail Sales, Chinese growth numbers,
Recommended by Daniel Dubrovsky Get Your Free Gold Forecast It was a volatile week for certain corners of financial markets over the past few trading sessions. All eyes were on gold and crude oil prices. XAU/USD rallied almost 5.5 percent, marking the best 5-day period since the middle of March. Meanwhile, crude oil prices soared
