gold Archives - Page 3 of 11

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Gold Price Forecast: XAU/USD Sinks Below $2,000 on US PMI Improvements

by admin · April 21, 2023 ·

Well, well, well, it looks like our friend Gold is taking a tumble. Why, you ask? Blame it on the surprisingly positive US S&P Global PMIs, which have boosted the ...

Gold Price Forecast: $1,973 support, inflation data will restrict XAU/USD bears – Confluence Detector

by admin · April 1, 2023 ·

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As pre-data nervousness grows, the price of gold declines from its weekly high. With a financial crisis on the horizon and hawkish central bank discussions, EU and US inflation becomes ...

Gold Price Prediction: Bulls in charge ahead of ISM Services PMI

by admin · March 4, 2023 ·

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In a positive reversal week, gold price bulls get active. Despite rising US Treasury 10-year bond rates, the US dollar has somewhat reversed. For a new thrust on XAU/USD, the ...

Gold Price Forecast: Strong USD, Fed rate rise worries keep XAU/USD around YTD low.

by admin · February 28, 2023 ·

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With USD demand picking up, there is fresh selling pressure on gold. Hawkish Fed predictions and high US bond rates support the US dollar. Fears of a recession strengthen the safe-haven ...

4 Global Market Updates- 3 February, 2023

by admin · February 3, 2023 ·

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In this article, we have covered the highlights of global market news about the EUR/USD, NZD/USD, USD/CNH and USD/JPY. The EUR/USD is hovering over 1.0900 ahead of major US data. The single currency ...

Major Forex Trading Sessions Worldwide

by admin · January 25, 2023 ·

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The 24-hour forex trading market is divided into three main trading periods: the London session, the US session, and the Asian session. Every significant regional market center has distinct characteristics ...

Gold price prediction: XAU/USD soars to above $1,900, a new multi-month high after US CPI

by admin · January 12, 2023 ·

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Following the publication of the US inflation data, gold prices reach a new multi-month high. The critical US CPI data reinforces wagers on more gradual Fed rate increases and strengthens ...

Gold (XAU/USD) Hits $1,850 Support Retains Against Earlier Resistance.

by admin · January 7, 2023 ·

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The technical outlook for gold (XAU/USD): Bullish over $1,850 Prices of gold recovered after overcoming a significant technical obstacle. Bulls in the XAU/USD market aim for Fibonacci resistance from the last ...

4 Global Market Updates- 6 January, 2023

by admin · January 6, 2023 ·

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In this article, we have covered the highlights of global market news about the USD/CNH, USD/JPY, EUR/USD and AUD/USD. USD/CNH: Solid support is aligned around 6.8400 - UOB For the time being, more losses in USD/CNH ...

4 Global Market Updates- 30 December, 2022

by admin · December 30, 2022 ·

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In this article, we have covered the highlights of global market news about the EUR/USD, AUD/USD, NZD/USD and GBP/USD. EUR/USD Price Analysis: Mild between 2-week-old resistance and 10-day EMA In the first hour of Friday's European session, ...