Gold Wave Analysis – 24 May, 2022
• Gold broke resistance level 1855.00• Likely to test resistance level 1900.00 Gold continues to rise after the earlier breakout of the resistance level 1855.00...
Tag : Gold
Gold hit a new all-time high today, hovering above 2,780 USD
XAUUSDÂ prices have completed a correction and are steadily rising, surpassing the previous all-time high of 2,758 USD. A triangle pattern has formed on the instrument...
Visible Gold Prospects for 2021
Created on December 28, 2020 If we talk about goals, then now gold has only one – to gain a foothold above $1,900. The end...
Gold is undergoing local correction; market awaits nonfarm…
XAUUSD prices are correcting after reaching a new all-time high of 2,790 USD. Market participants focus on today’s US labour market statistics. Discover more in our...
Gold Technical: A less dovish Fed may reinforce a medium-term corrective decline
The proposed policies of Trumponomics 2.0 may ignite a further uptick in inflationary expectations in the US. Market-transacted inflationary expectations gauge, the 5-year and 10-year...
Gold (XAUUSD) continues to correct, but the uptrend persists
XAUUSDÂ prices continue to correct, falling to the area around 2,730 USD. Once the correction is complete, the pair is expected to maintain its upward trajectory....
Gold (XAUUSD) continues to correct, falling to 2,700 USD
XAUUSDÂ prices continue to correct, plunging to 2,700 USD amid US dollar growth driven by the US election. Once the correction is complete, growth could resume....
Gold is under pressure, although c.banks are mostly buying
Gold lost 1% to $1850 on Friday, declining under pressure from the overall pull from risky assets. For short-term traders, it is also telling that...
Chart Art: Gold (XAU/USD) Ascending Triangle Pattern Forming
Is gold about to break out soon? I’m seeing a fresh triangle consolidation pattern forming on its 4-hour chart, with price currently testing support. Gold...
Gold (XAUUSD) found support around 2,643 USD
XAUUSD prices declined to 2,643 USD as part of a correction amid the US dollar’s strengthening, driven by the US election. The asset encountered strong demand...