JohnHarry_7

JohnHarry_7

Gold (XAU/USD) preserves its bullish momentum and trades at a new all-time high above $2,610 on Friday. Heightened expectations that global central banks will follow the Fed in easing policy and slashing rates lift XAU/USD.

JohnHarry_7

Gold loses its traction and falls toward $2,570 after climbing above $2,590 during the European trading hours. The benchmark 10-year US Treasury bond yield rises toward 3.75% in the Fed aftermath, making it difficult for XAU/USD to push higher. Gold now buy 2581 Support 2605 Resistance 2556 Confirm signal

JohnHarry_7

Gold now buy confirm signal FOMC Target today Gold now buy 2570 Support 2601 Resistance 2560

JohnHarry_7

Gold (XAU/USD) plateaus in the $2,580s on Tuesday, ahead of the release of potentially market-moving US data later in the day and the Federal Reserve (Fed) meeting on Wednesday. Gold now buy 2572 Support 2600 Resistance 2550

JohnHarry_7

Gold trades in a narrow range above $2,580 after touching a new record-high near $2,590 earlier in the day. The benchmark 10-year US Treasury bond yield holds above 3.6% ahead of the Fed meeting and makes it difficult for XAU/USD to find direction. Gold now sell 2581 Support 2550 Resistance 2600 In the event of a correction, firm support lies at $2,550, $2,544...

JohnHarry_7

Gold preserves its bullish momentum and trades near $2,580 after setting a new record-high slightly above this level. The 10-year US Treasury bond yield stays in the red below 3.7% as markets reassess the odds of a large Fed rate cut, helping XAU/USD push higher. Gold (XAU/USD) breaks out of its multi-week sideways range and surpasses the previous record highs of...

JohnHarry_7

Gold preserves its bullish momentum and trades near $2,580 after setting a new record-high slightly above this level. The 10-year US Treasury bond yield stays in the red below 3.7% as markets reassess the odds of a large Fed rate cut, helping XAU/USD push higher. Gold now sell 2577 Support 2550 Resistance 2587

JohnHarry_7

Gold maintains its bullish bias amidst the mild pullback in the Greenback and trades at a new record high at around $2,550. The data from the US showed that the annual producer inflation declined to 1.7% in August from 2.1% in July. Gold now sell 2553 Support 2528 Resistance 2570

JohnHarry_7

Gold touches the top of its range and then falls back down to $2,500 after the release of US inflation data on Wednesday. The benchmark 10-year US Treasury bond yield rebounds on stronger-than-forecast monthly core CPI print and drags XAU/USD lower. Gold now sell 2514 Support 2495 Resistance 2525

JohnHarry_7

Gold touches the top of its range and then falls back down to $2,500 after the release of US inflation data on Wednesday. The benchmark 10-year US Treasury bond yield rebounds on stronger-than-forecast monthly core CPI print and drags XAU/USD lower. Gold now sell 2514 Support 2495 Resistance 2525

JohnHarry_7

The daily chart for XAU/USD offers a neutral-to-bullish stance, with the pair still meeting intraday buyers around a bullish 20 Simple Moving Average (SMA). Technical indicators, in the meantime, lack directional strength, with the Momentum indicator stuck around its 100 line and the Relative Strength Index (RSI) indicator consolidating at around 58. Finally, the...

JohnHarry_7

Gold price (XAU/USD) attracts some sellers for the second straight day on Monday and lanugishes below the $2,500 psychological mark through the Asian session. Gold now sell Support 2470 Resistance 2510

JohnHarry_7

Gold came within a touching distance of a new all-time high near $2,530 as US Treasury bond yields turned south on disappointing US jobs data. The US Dollar's resilience amid a souring risk mood, however, caused XAU/USD to erase its daily gains. From a technical perspective, momentum beyond the $2,524-2,525 immediate hurdle will be seen as a fresh trigger for...

JohnHarry_7

The yellow metal’s price looks poised to rebound to the $2,531 all-time high if it can keep up the bullish recovery momentum. An upside target for Gold, which has not yet been reached, sits at $2,550 and remains active. The target was generated after the original breakout from the July-August range on August 14. Gold now buy Support 2540 Resistance 2500

JohnHarry_7

Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's...

JohnHarry_7

Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....

JohnHarry_7

Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....

JohnHarry_7

Gold trades about half a percent higher in the $2,510s on Thursday, gaining a lift from data showing demand from China increased in July – its first month of gains since March 2024. The short-term technical outlook for Gold price remains more or less the same, with a fresh push higher in the offing while above the triangle resistance-turned-support at...