Gold price consolidates the previous rebound above key $3,225 support early Thursday.US Dollar hits fresh three-year lows across the board as President Trump attacks Fed’s credibility again. Gold price remains stuck between 21-day SMA and 50-day SMA amid a neutral daily RSI.All eyes now remain on Thursday’s mid-tier US data ... Read More
Key Dynamic Support Being Tested Nevertheless, what happens next will be more revealing. Dynamic support for the intermediate uptrend, beginning from January, is being tested. Gold needs to recover from support around the 50-Day MA if it is to retain the current trajectory. A decline below Tuesday’s low of $3,295 ... Read More
<a href="https://news.google.com/rss/articles/CBMiywFBVV95cUxNaXZ0MjNXd1A3LThibkdhVDd1MDdHdHMxQTJ5MS16OHR4dkpRVGdvOGFGTFJVdUpXaVB5V1E1Zjl2UkVhTnNtZzRaNEo0VnhaRDlZWEtjWVJJeTBXdnRrS3ZRMmtMZ2NUVTlTTUVncUdmTGR2RERTMUVNNlo2cGp1d1A2MnRJNUVZVXc2Wng0R0E1andUbmJ1NzRpanE4Vy15R1BSeXVHX2lHdG9rN2FKYjBmRUtDLXZsLWtJVlhEV2s5NU91VDZnekFiaw?oc=5" target="_blank">Gold (XAUUSD) Price Forecast: Technical Pressure Builds as Gold Hugs 50-Day Average</a> <font color="#6f6f6f">FXEmpire</font> Source link ... Read More
XAU/USD Current price: $3,333.87An extended truce in the Middle East maintains financial markets optimistic.The United States will release the final estimate of the Q1 GDP on Thursday. XAU/USD holds on to familiar levels near weekly lows, resistance at $3,355.30.Spot Gold spent Wednesday stuck around the $3,320 mark, with financial markets ... Read More
<a href="https://news.google.com/rss/articles/CBMirAFBVV95cUxNTS16U3BHQVJlNXloT2JKV3JpakNzcGRZaGhmUUhqSTh6a0I4SWpPVkp4ZUs2SjluUGptV1lTUHRLTko2bjB6b256VUQwaFNXWDl5OWo1TjVDUWVRVzNUV2ludkR2eU5XcWFhU1ZyYTRvRWJZX0hHTl90cVMydDFZMnowUkp1NEVqYmpFTmtSWXZQc21VdE9Idnk5azhiTUxZLVVOcDZOc1VHc3dC?oc=5" target="_blank">Gold Forecast: XAU/USD Slips Toward 3,300 as Ceasefire Calms Tensions</a> <font color="#6f6f6f">FOREX.com</font> Source link ... Read More
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If so, what could make it actually rally?...In yesterday’s article entitled Trump’s Art of the USD, I wrote that the Peak Chaos was likely reached and now the markets are likely to react to even moderate levels of chaos as if the latter was gone, or low. On top of ... Read More
<a href="https://news.google.com/rss/articles/CBMi5gFBVV95cUxPTW5fU3lIZTZOTW5nd18tWnVMSmZDN2VNZnQ5aG9SM3hsX0luSU5GVURMTzllNThTRU9GWVRnMmVFUURRak1UZW5JVnpHZkhwU0I0WTZiTGUyM28yQXlySzVod3RBdndER3RuRnZ1ckI4QUFORFUtZ3lIMjZ1aE1yZ1FGZDZTeTBGTzdnTXlwY084bFRGQzFGRTZhd2twc2ZWVWxVU2FPYk56aGM2UHVWUzNOVGo2cVFZc29YNkVQdTVka3UxM1NJdVRCQzVMdVZJbmxQdkFRN0w1VmJldlQtM19mSHZ4UQ?oc=5" target="_blank">Near-Term Production Assets Gain Traction amid Historic Gold Price Surge</a> <font color="#6f6f6f">Longview News-Journal</font> Source link ... Read More
Gold steadied on Wednesday after falling in the previous session. Spot gold was little changed at $3,325.56 per ounce. US gold futures were up 0.2 per cent at $3,339.30. On Tuesday, prices hit their lowest in over two weeks. Global central banks are eyeing a move away from the dollar ... Read More
Gold price strives to gains ground while broader risk rally dampens safe-haven demand.The Israel-Iran ceasefire has strengthened investors’ risk appetite.Fed Powell stated on Tuesday that the current monetary policy is appropriate considering uncertainty surrounding the tariff policy.Gold price (XAU/USD) consolidates around $3,325 during European trading hours on Wednesday. The precious ... Read More