Resistance Seen at 20-Day Moving Average Resistance was seen around the 20-Day MA, now at $3,349, and it was on Tuesday as well. Tuesday’s high of $3,358 needs to be exceeded for the next sign of strength but a daily close today above the 20-Day MA will also confirm strength. ... Read More
Gold Price Forecast
<a href="https://news.google.com/rss/articles/CBMioAFBVV95cUxNWlI2YWpJclYtQkFvelN4TGttY2p1NUF0Tmd4dXV6VXdyOFlsVFV5QjhRUjFQZUo4MXFVN3JrUXpVb0VqZk1Zam9BX1V2T2RZY3o2MGg1cGE5Sy05dEF6anRLZ05JUGh3V0FjSjlmOE9UZE93X1BXeUFJTDVMYWFmQkVxRDVRaElIRXBZQVJjVG9ISng2VTREcUdMTDEtZThQ?oc=5" target="_blank">Gold Price Forecast: XAU/USD Poised for July Breakout</a> <font color="#6f6f6f">FOREX.com</font> Source link ... Read More
XAU/USD Faces Macro Tug-of-War as Price Stalls Below $3,350 Amid Policy Shocks and Rate Cut Tension Gold (XAU/USD) Volatility Intensifies as Market Holds Breath Before July 9 Tariff Deadline Gold prices have entered a tightening coil near $3,340 as traders weigh a cascade of macroeconomic contradictions: Trump’s July 9 tariff ... Read More
XAU/USD Current price: $3,349.81Big miss in the ADP survey hints at a tepid June Nonfarm Payrolls report. Financial markets remain cautious amid US political and fiscal jitters.XAU/USD gains upward traction in the near term, aiming for $3,373.50.Gold trades uneventfully in the $3,340/50 price zone on Wednesday, unable to attract speculative ... Read More
Gold Technical Analysis The Gold market has been pretty quiet in the early hours of Wednesday as we are waiting to see whether or not we have any real shot at continuing to hire or are we going to pull back? Ultimately, you do have to keep in mind that ... Read More
Stock image. HSBC has raised its average gold price forecasts for the next two years, citing heightened geopolitical risks and strong investor demand for bullion, as Reuters first reported. The bank now expects gold to average $3,215/oz in 2025 and $3,125/oz in 2026, up from previous estimates of $3,015 and ... Read More
Gold price steadies near $3,350 after a disappointing ADP report reflects weakness in the US labour market.The US Senate narrowly passes President Trump’s tax bill with the July 4 deadline in sight.XAU/USD threatens the 20-day SMA near $3,350 with bulls eager to retest $3,400.Gold (XAU/USD) price is attempting to extend ... Read More
<a href="https://news.google.com/rss/articles/CBMihwFBVV95cUxPWWplNWJwZUU0dkhPdElhcWdmVzc4Zm5XVmdXYTg2eHYyZFJQMFRjcVhrWUo4ZElETUJ5dTRCLVpCQjhKcVJWOFZjdk5JcTRzbER1OEUzb3NaZ2V2NHFBYjB4M0JYbmdmUElGLUNrbXlFbkU0bTRuMC1MUExmSS0xcHNJS05UcWM?oc=5" target="_blank">Gold Price Rebounds as US Passes OBBB</a> <font color="#6f6f6f">BullionVault</font> Source link ... Read More
Amid escalating global uncertainties and growing U.S. government debt levels, HSBC has revised its gold price forecasts upwards for both 2025 and 2026, citing a stronger demand for safe-haven assets. The bank now expects the average gold price for 2025 to reach $3,215 per ounce, up from its previous estimate ... Read More
Gold price consolidates around $3,340 ahead of the US employment data for June.Surprisingly upbeat US JOLTS Job Openings data has supported the US Dollar.Market sentiment remains cautious as Trump’s tariff deadline on July 9 approaches.Gold price (XAU/USD) trades in a tight range around $3,340 during the European trading session on ... Read More