The bullish momentum of gold is on hold currently, awaiting direction in the coming week, while the 2006 resistance level continues to hold the pair.
Read More
The bullish momentum of gold faced a resistance level in 2003, which is the highest level since the end of November.
Read More
Gold's strong bullish momentum encountered a significant resistance level at 1979, creating a momentary pause as market participants await additional developments.
Read More
Gold is currently being supported by the 100/200MA levels, which have also acted as resistance twice before.
Read More
Gold prices experienced a decline on Thursday as it entered a bearish consolidation phase and traded within a narrow range during the early part of the European session.
Read More
The price of gold (XAU/USD) started the new week on a weaker note, continuing the decline that began on Friday after reaching a multi-day high of $2,004.
Read More
Expectations that the Federal Reserve (Fed) might be approaching the conclusion of its tightening cycle, possibly followed by rate cuts in June 2024, have pushed US Treasury bond yields lower.
Read More
The price of gold rose to around $1,940 per troy ounce during the Asian session on Wednesday, driven by rising geopolitical tensions between Israel and Hamas, increasing demand for gold as a safe-haven asset.
Read More
The Gold price (XAU/USD) struggled to gain momentum, slipping for the second day in a row following a late rebound from the $1,908 level on Tuesday.
Read MoreLOADING...