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Gold has mostly drifted sideways for the last couple months, vexing traders. Bullish ones eager for its mighty cyclical bull to resume are frustrated gold isn’t surging on major bullish news. And...
Gold Approaching One-week Low Gold prices (XAU/USD) remained relatively unchanged on Thursday. The Federal Reserve (Fed) held interest rates steady this week but projected two rate cuts before the...
We last wrote two months ago that gold would undergo a correction that could set up an accelerated leg higher. Gold has held up very well over the past few months, consolidating in a bullish...
The price of gold has dropped below $3,360 per troy ounce, nearing a one-week low and marking its first decline in three weeks. Investors are offloading the precious metal to offset losses in other...
Gold has bounced throughout the past week, supported by war headlines in the Middle East; however, flows seem to change as the precious metal has failed to hold and break its intermediate $3,450...
The commodity rally, such as it has been so far, should take on a new intensity, possibly after a summer cool-down Below I present for you one of those charts trying to say so much it could make your...
The US Federal Reserve kept its benchmark Fed funds rate unchanged at 4.25%–4.50% for the fourth consecutive meeting, as widely expected. During the press conference, Fed Chair Jerome Powell warned...
Dovish Rhetoric Puts Downward Pressure on Gold Gold prices (XAU/USD) fell towards $3,370 on Wednesday after Federal Reserve (Fed) Chairman Jerome Powell made dovish statements. As expected, the...
After a week of mixed market sentiment, macro pressure, and rising geopolitical tensions, all eyes turned to the Fed. And while the Federal Open Market Committee (FOMC) decision was expected to hold...
Analyzing the movements of the gold futures since the beginning of this week, I anticipate that the yellow metal has completely lost its safe-haven potential as it becomes habitual to bear the...
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