Gold advanced to a six-day high, reclaiming key moving averages and forming bullish ABCD patterns, suggesting further upside toward $5,345 and potentially the $5,598 record high.
As the year draws to a close, gold (XAU/USD) prices remain in a holding pattern, with investors keenly awaiting economic indicators and Federal Reserve cues, currently hovering around the $2026 mark.
Gold’s sharp correction: XAU/USD plunged over 8% from its all-time high of US$4,381, marking its steepest drop since August 2020. Short-term bullish reversal signs: Technical indicators, including ...
Gold (XAU/USD) prices surged to a two-week high early Thursday, riding the tailwinds of a softer U.S. dollar and diminishing Treasury yields. The looming release of consumer price index (CPI) data ...
Gold extends its reversal below $5,000 from $5,091 highs on Wednesday. The US Dollar appreciates due to risk aversion and uncertainty ahead of the ECB and BoE decisions. XAU/USD is struggling to take ...
Gold finds support near $4,580 and bounces up to levels past $4,600. The US Dollar Index ticks down from highs amid upbeat UK and Eurozone economic data. Technical indicators hint at a fading bullish ...
Gold rebounded from a key Fibonacci retracement, reclaimed the 20-day average, and formed bullish reversal patterns on daily ...