Tag: XAU

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.

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May 24, 2024 comments off
Forex Trading

Gold price loses momentum, with Fed speakers in focus

The gold price (XAU/USD) trades with a bearish bias on Friday after retreating from the nearly $2,400 barrier.

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May 17, 2024 comments off
Forex Trading

Gold Price Forecast: XAU/USD holds below $2,300, Fedspeak eyed

Gold price (XAU/USD) loses its recovery momentum around $2,295 on Monday during the early Asian session.

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May 06, 2024 comments off
Forex Trading

Gold Price Forecast: XAU/USD remains confined around $2,030 amid firmer USD, geopolitical tensions

Gold price (XAU/USD) consolidates in a narrow trading band around $2035 region per troy ounce during the early Asian trading hours on Friday.

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Feb 09, 2024 comments off
Forex Trading

Gold Price Analysis: XAU/USD pulls back from $2,070 as markets hunker down for holidays

XAU/USD briefly tested above $2,070 on Friday before paring back toward the day’s opening bids.

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Dec 25, 2023 comments off
Forex Trading

What to watch for gold to come bouncing back

A snippet from a CBA note on XAU:

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Sep 24, 2020 comments off
Forex Trading

Gold Price Analysis: XAU/USD nearing $1740/oz level

XAU/USD consolidates the recent gains while trading above $1700 per troy ounce and the main SMAs on the four-hour chart. The market is nearing the 1740 resist

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May 24, 2020 comments off