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Gold Price Forecast: XAU/USD Hit Three-Day High Amid Inflation Concerns
Article By:
FXStreet
Saturday, February 17, 2024 3:40 PM EDT
Gold extended its gains for two days, hitting a three-day high at $2015 as the dollar tumbled. US economic data suggested that inflation may be stickier than expected, though Federal Reserve officials appeared to have opened the door to ease policy.
XAUUSD Gold Price Analysis: Gold Turns Bearish As The Dollar Strengthens
Article By:
Daily Forex
Wednesday, February 14, 2024 7:46 AM EDT
Gold prices drop below $2,000 due to a robust US dollar and unexpected inflation data, impacting market trends and forecasts. Key insights on gold's struggle amid rising Treasury yields and the dollar's strongest start in a decade.
XAU/USD Gold Price Analysis: Prices Recover Despite Strong Dollar
Article By:
Daily Forex
Thursday, February 8, 2024 4:45 AM EDT
XAU/USD rebounds to $2,033 amidst a robust USD. Strong support at $2,000, with geopolitical tensions and central bank actions as key drivers. Watch for resistance at $2,055 and $2,070 in fluctuating markets.
Pairs In Focus This Week - Sunday, Feb. 4
Article By:
Christopher Lewis
Sunday, February 4, 2024 3:40 PM EDT
The EUR/USD currency pair showed support near the 1.08 mark, while the AUD/USD duo tested support at the 0.65 level. The USD/JPY and EUR/JPY currency pairs rose, while gold fluctuated between $2000 and $2075.
Chart Of The Day – Golden Cross
It's all about time frames, of course. So if you check the monthly chart with the same moving averages, the 50 has passed down thru the 100 for the 1ST time in at least 14yrs (as far back as TOS goes on the /GC)
Check $XAU, the 50 break down is more pronounced and price has just lost the 50 after breaking up thru it.
Time frames...