Tag: Gold as an investment

Forex Trading

Gold Price Forecast: XAU/USD holds steady above $2,500, potential downside seems limited

Gold Price (XAU/USD) hovers around $2,500 during the early Asian session on Tuesday.

Read More »
Aug 20, 2024 comments off
Forex Trading

Gold Price Forecast: XAU/USD trades with mild gains near $2,450, eyes on US Retail Sales

Gold price (XAU/USD) edges higher to nearly $2,450, snapping the two-day losing streak during the early Asian session on Thursday.

Read More »
Aug 15, 2024 comments off
Forex Trading

Gold price holds steady above $2,400 mark, lacks bullish conviction despite softer USD

Gold price (XAU/USD) gains some positive traction during the Asian session on Monday and for now, seems to have stalled a three-day-old corrective decline from the all-time peak touched last…

Read More »
Jul 22, 2024 comments off
Forex Trading

Gold Price Forecast: XAU/USD jumps above $2,400 amid a risk-averse environment

Gold price (XAU/USD) attracts some buyers around $2,410, snapping the three-day losing streak during the early Asian session on Monday.

Read More »
Jul 22, 2024 comments off
Forex Trading

Gold reverses gains after release of higher-than-expected US PMI data

Gold (XAU/USD) has reversed earlier gains and broken back below its 50-day Simple Moving Average (SMA) on an intraday basis after the release of US Purchasing Manager Indices (PMI) data from…

Read More »
Jun 22, 2024 comments off
Forex Trading

Gold price languishes near one-month low amid renewed rate jitters, bullish US Dollar

Gold price (XAU/USD) gained some positive traction on the first day of a new week and reversed a part of Friday’s post-NFP slump to the $2,287-2,286 area, or over a…

Read More »
Jun 11, 2024 comments off
Forex Trading

Gold Prices Sink, Support Breakdown Heralds More Weakness; XAU/USD Key Levels

This article explores gold’s technical and fundamental outlook, discussing potential scenarios that could play out over the coming days and weeks.

Read More »
May 24, 2024 comments off
Forex Trading

Gold price pulls back from over two-week top amid a modest US Dollar uptick

Gold price (XAU/USD) settled in the green for the first time in the previous three weeks in the wake of persistent geopolitical tensions and the recent US Dollar (USD) corrective…

Read More »
Feb 26, 2024 comments off
Forex Trading

Gold Price Forecast: XAU/USD attracts some sellers above the $2,000 mark ahead of US CPI data

Gold price (XAU/USD) trades in negative territory for the fifth consecutive day during the early Asian session on Tuesday.

Read More »
Feb 13, 2024 comments off
Forex Trading

Gold Price Forecast: XAU/USD gains momentum toward a record close above $2,070 amid the USD weakness

Gold price (XAU/USD) gains traction above a record close of $2,070 during the early Asian session on Thursday.

Read More »
Dec 28, 2023 comments off