XAU/USD Breaks Out as Yields Sink, Fed Pivot Hopes Build

[ad_1] GOLD PRICES OUTLOOK Gold prices rally and break above technical resistance in the $1,975/$1,980 area Bullion’s gains are driven by a steep pullback in Treasury yields following disappointing economic data This article examines key XAU/USD’s levels worth watching in the coming trading sessions Most Read: EUR/USD Hits Snag After Breakout, Nasdaq 100 Stalls, Oil

Gold and oil pop as Gaza ceasefire hopes fade

[ad_1] Gold is at the highs of the week in a quick $6 move higher to just below $2000. It’s been largely a one-way trade since the Hamas attacks on October 7. Gold daily Oil is also at the highs of the day in a rise above $85, paring much of the weekly loss. The

Bitcoin Breaks Psychological 30k Level as Spot ETF Approval Hopes Grow

[ad_1] BITCOIN, CRYPTO KEY POINTS: READ MORE: Oil Weekly Forecast: Technicals Hint at Further Upside but Geopolitics Holds the Key Looking for actionable trading ideas? Download our top trading opportunities guide packed with insightful tips for the fourth quarter! Recommended by Zain Vawda Get Your Free Top Trading Opportunities Forecast Bitcoin Rally Gathers Pace as

Dollar stalls as dovish Fed and China hopes help euro By Reuters

[ad_1] © Reuters. FILE PHOTO: Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) – The dollar stalled and the euro ticked up on Tuesday as investors reacted to a sharp drop in U.S. bond yields