XAU/USD

As Washington closes in on a debt ceiling resolution, gold shows signs of recovery, tracking the fall in US Treasury yields. However, looming Fed rate hikes and persistent short-term bearish trends could limit gold's rebound.

2023-05-31T05:34:07+0100

Gold rebounded on Friday after Fed chair Powell’s remarks; however, the drop to a six-week low could be a sign that cracks have started to emerge in gold’s uptrend and what is the outlook and key levels to watch in XAU/USD?

2023-05-22T05:12:00+0100

Gold’s rally is showing signs of fatigue; hawkish commentary from Fed officials is leading to a reassessment of rate cuts this year and what is the outlook and key levels to watch in XAU/USD?

2023-05-17T07:06:23+0100

Gold’s trend remains up, notwithstanding the recent slowdown in the pace of gains; key focus is on US CPI data due later today and which way for gold and what are the key levels to watch in XAU/USD?

2023-05-10T07:19:22+0100

Gold has struggled to stay above $2000; key focus is now on US PCE price index and US GDP data later this week and what is the outlook and what are the key levels to watch in XAU/USD?

2023-04-24T04:21:54+0100

Short-term upward momentum in gold remains strong; the yellow metal appears set to test major hurdle at 2069-2072 and what are the factors and levels to watch out for?

2023-04-17T04:07:20+0100

Gold could find it tough to break above the key psychological $2000 as risk appetite appears to be stabilizing. What’s next for the yellow metal?

2023-03-28T04:32:54+0100

Gold is above quite strong converged support area; XAU/USD is now attempting to break a crucial resistance which could expose the upside toward 1876 and what are the key levels to watch?

2023-03-07T02:07:17+0000