XAU/USD bears lurking as right shoulder forming
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Gold price forming a Head & Shoulders toppìng formation on the daily chart.
US data, US …
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Browsing Tag
Fed
Fed Beige Book Provides Support for Gold Prices
GOLD ANALYSIS & TALKING POINTSFed Beige Book report follow through backing gold.Jobless claims data and Fed speakers in focus today.Bearish divergence building momentum, XAU/USD below $2000.
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Gold Price Forecast: XAU/USD to resume its downside journey amid hawkish Fed bets
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Gold price is showing a sheer volatility contraction after a recovery move.
The upside in the Gold…
AUD/USD defies hawkish Fed officials, surges on soft USD and falling bond yields
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Hawkish comments by Fed policymakers capped the Australian Dollar rally.
China’s economic data…
XAU/USD bears prowl near psychological $2,000 level
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Gold price is probing the $2,000 near a 61.8% Fibonacci retracement.
Gold price bears are on the…
GBP/USD falls on US Dollar strength amid Fed rate hike speculations
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GBP/USD dropped after forming a double top in recent price action during the last nine days and…
Likely flex muscles above 134.00 as Fed to hike rates further
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USD/JPY is at a make or a break level around 134.00 amid the Ascending Triangle formation.
Multiple…
XAU/USD struggles above $2,000 as more rate hikes from Fed seem inevitable
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Gold price looks vulnerable above $2,000.00 as Fed to raise rates further.
US equities are expected…
XAU/USD retreat needs validation from $1,977 and Purchasing Managers Indexes
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Gold price remains pressured after retreating from multi-month high.
US Dollar rebound prods…
USD/CAD rebounds from weekly lows on Fed speakers’ comments, despite soft US data
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USD/CAD is set to trim some of its weekly losses, with bulls eyeing 1.3400.
US Retail Sales take a…