Tag: yellow metal
Gold Fundamental Forecast: US Dollar Weighs on Gold. Will US Retail Sales Alter Course?
Gold fell last week as traders moved out of risk assets, boosting the US Dollar to its strongest level since December 2002. The yellow metal faces a tough path if…
Read More »Gold Price Forecast: XAU/USD up for the second consecutive week above $1,790 after Powell comments
Gold (XAU/USD) finished the day at $1,792.59 for a 0.54% gain at the time of writing. The yellow metal had a roller-coaster session, reaching a daily
Read More »Gold Versus Real Yields: Are Inflation Bets Fully Priced Into XAU/USD?
Rising real yields are pressuring the yellow metal and the inflation-adjusted price of gold is already near historical highs. Where next for XAU/USD?
Read More »Gold Price Analysis: XAU/USD refreshes intraday high below $1,900 amid US stimulus updates
Gold takes the bids near $1,880 during Tuesday’s Asian session. In doing so, the yellow metal stretches the latest corrective pullback from $1,871 whi
Read More »Gold Price News and Forecast: XAU/USD erases losses and approaches $1900
Gold picks up bids around $1,888, up 0.07% on a day, during the early Tuesday’s Asian session. The yellow metal recently gained …
Read More »Gold Price Analysis: Bulls holding price above key support in $1,880
The price of the yellow metal is holding the bid at the start of the week but has been pressured to an area of support in recent sessions. At the…
Read More »Gold Price Analysis: XAU/USD breaches 100-day SMA for first since March
Gold looks south, having breached the widely-tracked 100-day simple moving average (SMA) support for the first time since March 23. The yellow metal f
Read More »Gold Price News and Forecast: XAU/USD bears waiting to feed on head and shoulders
Gold prices rise to $1,913, up 0.36% intraday as markets in Tokyo open for Wednesday’s trading. The yellow metal benefited from the broad US dollar we
Read More »Gold Price Analysis: Downside more compelling for XAU/USD in the NFP week ahead – Confluence Detector
Gold (XAU/USD) shed about 4.5% in the past week, delivering a weekly closing below the August month low of $1863. The yellow metal booked the first we
Read More »Gold Price Forecast: US Dollar, Treasury Yields Diverge and Drive Trend
Gold prices may trade range-bound as XAU/USD echoes the divergence between Treasury yields and the US Dollar. What could be a downside risk for the yellow metal?
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