- Fundamental analysis: Gold yesterday continued to fall to around 1860 and then recovered slightly in the context that FED policymakers reiterated their hawkish stance. That raising interest rates and keeping interest rates high for a long time to bring inflation to 2% is necessary Yesterday the US Senate also passed a bill to avoid a government shutdown this...
Gold prices (XAU/USD) remained under selling pressure during the early European session on Thursday. The decline in precious metals was supported by a stronger US dollar (USD) and higher Treasury yields. Gold price is currently trading around 1,876 USD, up 0.11% on the day. Meanwhile, the US Dollar Index (DXY), a measure of the USD's value against a basket of...
Silver now again support level. 22.3/22.1$ safe then again seen rise
Gold prices (XAU/USD) attracted some selling at around $1,902 in early European trading on Wednesday. Precious metals face selling pressure as the US Dollar (USD) strengthens ahead of highly anticipated inflation data on Friday. Meanwhile, the US Dollar Index (DXY), a measure of the USD's value against a basket of foreign currencies, rose above 106.20, its highest...
Gold prices (XAU/USD) fell vertically to near $1,915.00 as uncertainty over the Federal Reserve's (Fed) interest rate outlook deepened. The precious metal's upside remains limited as Fed policymakers continue to maintain a hawkish stance for upcoming monetary policy meetings. "It feels like interest rates will have to stay high for longer than the market expects,"...
Chart Type : Candlestick, Monthly Chart, Pattern : Ascending Triangle Pattern. @forex Bullish View. Eurgbp Target : 0.9300, 1.30580+++ SL : 0.84900 Risk is yours and Reward is too yours totally
Gold prices hovered above $1,920 during Monday's Asian trading session. Prices for the yellow metal ended a losing streak on Friday as the US Dollar (USD) pared the day's gains, most likely due to falling US government bond yields. However, US bond yields have recovered, with the 10-year US Treasury yield rising to 4.45%, up 0.50% at the time of...
Gold prices (XAU/USD) recovered recent losses after falling to a weekly low of $1,913 in early Asian trade on Friday. At the time of writing, XAU/USD was up 0.08% on the day at $1,921.62. During a press conference Wednesday, Federal Reserve Chairman Jerome Powell reiterated the Fed's commitment to achieving 2% inflation. Powel added that the Fed is ready to raise...
Gold prices continued to lose money for the third straight day, trading around $1,925 lower in the early trading hours of Thursday's Asian session. As expected, the US Federal Reserve (Fed) maintained its current benchmark policy rate at 5.5% during its meeting on Wednesday. Precious metal prices are facing downward pressure as the Fed is expected to raise...
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Hello dear traders! Today, EURUSD continues to decrease below 1,070. Currently on the price chart is moving horizontally around the price of 1,0645. If the euro exceeds 1,0670, it is likely that the price will expand the trend to increase to the level of resistance of 1,0700.
FOREXCOM:NZDUSD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
XAU/USD ended Wednesday's trading session at its lowest price in three weeks, hitting a new low of $1,905 as the inflationary backdrop in the US continued to frustrate gold investors. Gold continues to be rejected from $1,940.00 after last week's action saw the yellow metal fall back as US Treasury yields and the US Dollar (USD) continued to trouble scarf on the...
Gold prices extended the previous day's healthy recovery from $1,900 or above three-week lows and gained stronger traction for the second straight day on Friday. Momentum lifted XAU/USD to three-day highs around the $1,915-$1,916 region during the Asian session, although a meaningful upside move still seems unlikely. The US Dollar (USD) has pulled back from its...
Gold prices ended five straight days of decline, trading higher at around $1,920, up 0.20% in Thursday's Asian session. However, precious metals are facing downward pressure as traders consider the possibility that the US Federal Reserve (Fed) will increase interest rates by 25 basis points (bps) until the end of 2023. . Hawkish sentiment surrounding the Fed's...
Gold yesterday opened the weekly trading session with an upward trend from 1916 to 1930 when the USD experienced declines and corrections after the Bank of Japan's move caused the market to increase expectations for the future. The Yen negative interest rate period will soon end. The US Dollar Index (DXY) fell to around 104.60, trying to offset losses thanks to...
Gold prices tried to make up for the previous day's losses, trading around $1,910 per troy ounce higher in the early trading hours of Wednesday's Asian session. This currency pair is trending up due to the decrease in the value of the US Dollar (USD). However, gold prices face challenges as the market is cautious ahead of the release of US inflation data,...
Gold prices attracted renewed buying pressure on the first day of a new week and continued to rally above $1,945 during the Asian session. . The mixed monthly jobs report from the United States (US) on Friday ensures that the Federal Reserve (Fed) will keep interest rates unchanged at its September policy meeting, so this is considered is beneficial for Gold...