Gold Price Forecast: XAU/USD falls below $1,800 on stronger yields
Despite the US Dollar's recent recovery, the gold price is still only modestly bid. Bond and equity market declines related to the BOJ support safe-haven gold investment. Reports on China and the world economy cast doubt on the XAU/USD bulls,…
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4 Global Market Updates- 20 December, 2022
In this article, we have covered the highlights of global market news about the EUR/USD, GBP/USD, AUD/USD and USD/JPY. EUR/USD fights for a definite intraday trend and consolidates around the 1.0600 mark The EUR/USD pair failed to generate real momentum throughout Tuesday's early European…
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USD/JPY falls below 136,00, nears 200-day SMA
On Monday, the USD/JPY struggles to generate real momentum for several reasons. Bets on a future BoJ pivot help the JPY and limit the upside during a slight decline in the USD. Increased US bond rates may underpin the major…
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4 Global Market Updates- 19 December, 2022
In this article, we have covered the highlights of global market news about the AUD/USD, USD/CAD, GBP/JPY and EUR/USD. AUD/USD: The Australian dollar rises above the 200-day moving average on mixed China news and a lackluster mood. As a short-term moving average protects the…
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XAU/USD – Gold Price Outlook: Bearish Biased, Where to?
GOLD FUNDAMENTAL FORECAST - BEARISH Despite several event risks, gold prices remained almost unchanged last week. The overall fundamental environment is still expected to be gloomy. XAU/USD is displaying more and more technical indicators of reversal. Gold prices ended last…
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