Gold (XAU/USD) Jumps on Safe Haven Bid as Middle East Conflict Intensifies

Gold (XAU/USD) Analysis, Prices, and Charts Middle East conflict boosts gold allure. Retail traders remain heavily long of gold. Download our Brand New Q4 Gold Guide for Free Recommended by Nick Cawley Get Your Free Gold Forecast Violence erupted in the Middle East over the weekend after Palestinian Islamist militant group Hamas attacked Israel with

XAU/USD 2-Week Performance Set for Worst Since Early July?

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold 2-week drop at -5.3%, most since early July Retail traders keep increasing bullish exposure This continues to support a bearish contrarian bias Recommended by Daniel Dubrovsky Get Your Free Gold Forecast So far, over the past 2 weeks, gold prices have sunk about -5.3 percent.

XAUUSD: Nearing Yearly Lows Ahead of US Labour Data

Last week’s decline in gold prices accelerated after the break of the current downtrend channel support. The last time Gold traded at such a low was six months ago, when the US regional banking crisis triggered an influx of buyers, pushing prices away from support around $1809. The biggest weekly loss in the last two

How Much More Downside in Gold/Silver? XAU/USD, XAG/USD Price Setups

Gold, XAU/USD, Silver, XAG/USD – Outlook: Next support for gold: 1805, 1785, 1720. Bearish head and shoulders pattern triggers in silver. What is the outlook and the key levels to watch? For a detailed discussion on the fundamental and technical outlook on precious metals download DailyFX’s fourth quarter trading guide. It’s free! Recommended by Manish

Gold Latest – XAU/USD Slump Continues as US Bond Yields Remain Elevated

Gold (XAU/USD) Analysis, Price, and Chart US Treasury yields remain near recent multi-year peaks. Gold is closing in on the late-February low at $1,805/oz. Download our brand new Q4 Gold Forecast Recommended by Nick Cawley Get Your Free Gold Forecast US Treasury yields remain within touching distance of multi-year highs head of a speech later

Gold breaks down despite soft US core PCE reading, US Dollar recovers

Share: Gold price attracts bids below $1,860.00 after a mild correction in the US Dollar. The US economy remains resilient due to falling inflation, stable labor demand, and robust consumer spending. Fed Kashkari said that current interest rates are not sufficiently restrictive to bring down inflation to 2%. Gold price (XAU/USD) retreats despite the

XAU/USD unlikely to regain any significant ground – Commerzbank

Share: Gold price has been under pressure this week and has dropped back to $1,860, its lowest price in a good six months. Strategists at Commerzbank analyze the yellow metal’s outlook. Gold will probably find it difficult to come out of the defensive For as long as the market continues to expect a

Gold outlook dims on hawkish Fed guidance

Share: Gold price remains under pressure as the US economy remains resilient despite higher interest rates. The US economy is comfortably absorbing the consequences of the Fed’s higher interest rates. Fed’s Collins says further policy tightening is not off the table. Gold price (XAU/USD) trades back and forth as uncertainty over the interest

XAU/USD shines as US yields drop amid an upbeat market mood

Share: Gold prices see a recovery, achieving gains of 0.25%, driven by a reversal in US bond yields, with the 10-year note coupon dropping from a 16-year high of 4.51% to 4.44%. Federal Reserve officials express a cautious stance, emphasizing the need for patience despite the necessity for further rate hikes to control