Browsing: XAU
Weekly Support at $3,293 The interim higher swing low at $3,293 is also a weekly low and close to the…
“Market participants are positioning around anticipated Federal Reserve rate cuts, which continue to underpin demand for non-yielding assets like gold,”…
“Gold is caught in a tug-of-war between a weaker dollar, potential Fed easing, and geopolitical risks,” said Kelvin Wong, senior…
Gold – Chart Gold is trading at $3,328 after bouncing off trendline support near $3,310, maintaining its upward trajectory within…
This shift has lowered demand for traditional safe-haven assets like gold, which had surged amid global trade frictions earlier in…
Weekly Bearish Shooting Star Candle Forms Next up will be a one-week bearish shooting star candlestick pattern that will complete…
“The price action reflects heightened risk aversion and a weakening dollar backdrop,” said Yeap Jun Rong, strategist at IG. “Gold…
Silver Consolidates as Rate Cut Expectations Build Silver (XAG/USD) is trading at $32.55, slightly above its session low of $32.43.…
Is the Fed’s Inflation Stance Eroding Gold’s Appeal? The Federal Reserve remains a dominant force in gold’s price action, with…
However, gains in gold remain capped due to expectations of prolonged higher interest rates by the Federal Reserve. Despite inflationary…
