Fxalexander122

Fxalexander122 Updated 

Gold fluctuates above $1,950 and clings to modest daily gains in the second half of the day on Thursday. Ahead of Chairman Powell's speech, the benchmark 10-year US Treasury bond yield retreated from the multi-year high it set near 5% and allowed XAU/USD to find support. XAUUSD BUY : 1952 TP. : 1962 TP. : 1975 SL. ...

Fxalexander122 Updated 

Gold price aims to extend upside as Israel-Palestine conflict deepens. The US Dollar consolidates, shrugging off robust US Retail Sales data for September.. 10-year US Treasury yields rose to 4.85% on rising expectations of one more interest rate increase from the Fed. GOLD BUY : 1943 TP. : 1953 TP. : 1962 TP. : 1970 SL. ...

Fxalexander122 Updated 

Gold price (XAU/USD) trades directionless ahead of US President Joe Biden’s visit to Israel amid deepening Middle-East tensions and the speech from Federal Reserve (Fed) Chair Jerome Powell, which is expected to provide significant guidance on interest rates. Investors hope that Powell will favor a neutral monetary policy and join other Fed officials who recently...

Fxalexander122 Updated 

Gold price (XAU/USD) rallied to over a three-week high, around the $1,932-1,933 area on Friday in the wake of the intensifying Israel-Hamas conflict, which forced investors to take refuge in traditional safe-haven assets Gold Buy 1916 Tp. 1930 Tp. 1940 SL. 1902

Fxalexander122 Updated 

The Gold price brief recaptured the key short-term descending 21-Daily Moving Average (DMA) at $1,878 but failed to yield a daily closing above the latter. The 14-day Relative Strength Index (RSI) indicator is lying just below the midline, suggesting that the upside attempts appear temporary in Gold price. Failure to seek a weekly close above the 21 DMA at...

Fxalexander122 Updated 

Gold extended its daily rally and climbed above $1,910 for the first time in two weeks on Friday. The benchmark 10-year US Treasury bond yield is down nearly 2% on the day as investors seek refuge ahead of the weekend, helping XAU/USD stretch higher. GOLD SELL : 1914 TP. : 1900 TP. : 1885 TP. : 1870 SL. : 1928

Fxalexander122

Gold price (XAU/USD) clings to gains backed by a correction in the US Dollar and Treasury yields, which are due to falling expectations of one more interest rate increase from the Federal Reserve (Fed). The precious metal remains upbeat ahead of the Consumer Price Index (CPI) data for September, which will be published at 12:30 GMT. GOLD BUY FROM 1882 TP. ...

Fxalexander122 Updated 

Gold stays in positive territory and consolidates its gains near $1,870 following the rally seen in the European session. The benchmark 10-year US Treasury bond yield is down more than 1% on the day below 4.6%, ahead of FOMC Minutes, supporting XAU/USD. GOLD BUY : 1871 TP. : 1878 TP. : 1885 TP. : 1890 SL. : 1862

Fxalexander122 Updated 

From a technical perspective, some follow-through buying beyond the $1,865 level should pave the way for additional gains, towards the next relevant hurdle near the $1,885 area. This is closely followed by the $1,900 round figure, which nears the 50-day Simple Moving Average (SMA) and should now act as a key pivotal point. A sustained strength beyond will suggest...