Tag Archives: Gold

Gold prices continue to trade within a narrow sideways range, fluctuating between $4310 and $4345, reflecting the absence of a clear near-term direction amid cautious and anticipatory market sentiment. Technical Outlook – 4-Hour Timeframe: Simple moving averages continue to support a positive short-term bias, indicating an underlying upward tendency, although …

Mixed movements continue to dominate XAU/USD within a short-term upward trend. Technical Outlook – 4-Hour Timeframe: Intraday price action shows a downward bias due to trading below the 4300 resistance level, while the Relative Strength Index (RSI) is working to ease overbought conditions. At the same time, the 50-day Simple …

Gold (XAU/USD) continued to show mixed, indecisive movements, fluctuating between upward and downward attempts without establishing a clear short-term trend, as traders remained cautious and hesitant. Technical Outlook – 4-Hour Timeframe: Trading below the key resistance level at 4245 keeps the bearish scenario valid, supported by clear negative signals from …

The US dollar ended last week lower, pressured by a mix of economic data and political developments. Among the key drivers were weaker macroeconomic indicators, comments from President Donald Trump, and reports about potential successors to Federal Reserve Chair Jerome Powell. Together, these factors reinforced expectations of a rate cut …

Gold traded mixed yesterday, with intraday movements stabilizing near the early high of $4,216 per ounce, reflecting a wait-and-see sentiment ahead of the next directional move. Technical Outlook – 4-Hour Timeframe: Staying above the simple moving averages continues to provide positive momentum and dynamic support, which may encourage further upside …

Gold prices rebounded strongly in the previous session, reaching a high of $4,236 per ounce. Technical Outlook – 4-Hour Timeframe: Simple moving averages are providing positive momentum and acting as dynamic support, which may support further upside movement. The Relative Strength Index (RSI) continues to send bullish signals, reflecting a …

Gold prices edged lower in Asian trade on Thursday, easing slightly after a strong week-long advance driven by mounting expectations that the U.S. Federal Reserve will cut interest rates in December. Speculation that a more dovish successor could replace Fed Chair Jerome Powell after his term ends in 2026 also …

Gold prices climbed in Asian trading on Wednesday, supported by a softer U.S. dollar and growing conviction that the Federal Reserve will cut interest rates in December. Haven demand also remained firm despite a broader risk-on rally across global markets. Spot gold rose 0.9% to $4,166.13 an ounce, while February …

Gold prices climbed in Asian trading on Tuesday, extending strong overnight gains as expectations grew that the U.S. Federal Reserve will cut interest rates in December. A wave of upcoming U.S. economic data also boosted safe-haven demand, helping gold trend higher even as the dollar held firm. Broader metal markets …

Gold prices (XAU/USD) rebounded after stabilizing above the $4040 support level, moving decisively through the $4100 barrier. Technical Outlook – 4-Hour Timeframe The simple moving averages have shifted into supportive zones, acting as dynamic support and enhancing the potential for further upside. The RSI maintains its positive structure, signaling solid …