XAU/USD Price Analysis XAUUSD ( GOLD ) is showing strength and give resistance break out near $1970 . Today if it manages to hold above its yesterday high of $1978 then we can see next resistance of $2000/$2010.Meanwhile, in addition to inflation hedges, gold is continuing to benefit from heightened geopolitical risks and the Russian Read More
XAU/USD Technical Overview ( GOLD). Last week has given close with some positive note but not able to break up side resistance of $ 1950 Gold trade lower during the Asian session on Monday. though the downside remains cushioned. The Fed’s hawkish outlook, surging US bond yields underpinned the USD and acted as a headwind. Read More
XAU/USD Price Forecast Holding Important Level of $1915 ( GOLD ).It is hovering tight range between $1945-$1915 . It is not sustaining at higher level and came down. The hawkish Fed minutes unraveled the world’s most powerful central bank’s plans. It is to pare the balance sheet and deliver a 50-basis points (bps) rate hike Read More
XAUUSD ( GOLD ) is showing weakness in the chart taking support of its upwards slopping trend line. Gold price has dropped below $1,920. If it manages to sustain below it crucial level of $1910. Then more down side correction might be seen so next level of would be $1900/$1890/$1980. While mixed sentiment prevails surrounding Read More
XAUUSD ( Gold ) witnessed highly volatile movement in yesterday session, although it booked the second straight daily loss. It has not able to break its support zone of $1890 and immediately recover form this mark and closed its closed above 1900 level. Now if it manages to hold $1935 the we can see $1950/$1965 Read More
XAUUSD ( GOLD ) is looking weak on the chart . Last week it made a high of 1965 but not hold its upper and came down. Today it is showing negative biasness , gold remain risk-averse amid rising concerns over the covid resurgence in Asia, especially in China, underpinning the US dollar’s safe-haven appeal Read More
