


📊 Market Overview: As of June 6, 2025, gold prices have surged, trading around $3,373 per ounce, up $26.63 from the previous session . This increase is driven by weaker-than-expected U.S. job data, with initial jobless claims rising to 247,000, surpassing the forecast of 236,000 . This has heightened expectations that the Federal Reserve may consider cutting...
📊 Market Overview Gold prices are hovering around $3,348/oz, with the day's low near $3,340. Weak U.S. economic data, including a decline in the services PMI to 49.9 and low job growth, have reinforced expectations of a Federal Reserve rate cut. However, gold prices have yet to break through strong resistance levels due to profit-taking and cautious sentiment...
📊 Market Overview: Gold prices continue their upward momentum and have now reached $3,367/oz, as markets await the upcoming U.S. Nonfarm Payrolls (NFP) report later this week. The U.S. dollar is slightly weaker and Treasury yields are stable, helping gold maintain its strength. However, mixed forecasts from major financial institutions are creating psychological...
📊 Market Overview: On June 4, 2025, gold prices (XAU/USD) hovered around $3,370/oz after rebounding from the $3,333 level. However, selling pressure emerged as prices approached the strong resistance zone near $3,392–$3,400. Ongoing uncertainties regarding U.S.–China trade policies and expectations of a Federal Reserve rate cut continue to support safe-haven...
📊 Market Overview: Gold prices are rebounding slightly after a pullback from a four-week high. The weakening USD, driven by concerns over US-China trade tensions and upcoming employment data, has bolstered safe-haven demand for gold. 📉 Technical Analysis: • Key Resistance: $3,365 – $3,377 • Nearest Support: $3,320 – $3,290 • EMA 09: Price is above the 09 EMA,...
📊 Market Overview Gold (XAU/USD) surged and recorded a session high near $3,392/oz on June 3, 2025. The U.S. dollar continued to weaken as Treasury yields declined, while investors rushed into safe-haven assets amid intensifying Russia–Ukraine tensions and renewed U.S.–China trade conflicts. 📉 Technical Analysis • Key Resistance: $3,392 – $3,410 (new high...
📊 Market Overview: Gold prices surged on June 2, 2025, reaching multi-week highs as investors sought safe-haven assets amid escalating geopolitical tensions and trade war concerns. U.S. President Donald Trump's announcement to double tariffs on steel and aluminum imports to 50%, along with Ukraine's drone attacks on Russian facilities, prompted investors to flock...
📊 Market Overview: Gold prices are currently around $3,307/oz, up 0.5% on June 2, supported by safe-haven demand amid escalating geopolitical tensions and trade concerns. However, after reaching a peak of $3,500 in April, gold has corrected as market sentiment shifted towards riskier assets due to easing US-China trade tensions. 📉 Technical Analysis: • Key...
📊 Market Overview: Gold is currently trading around $3,289/oz, down from the day's high of $3,322. This decline follows the U.S. PCE inflation data showing a 2.1% annual increase in April, below the forecast of 2.2% and March's 2.3%. Core PCE also rose 0.1% monthly and 2.5% annually, the lowest since early 2021. 📉 Technical Analysis: • Key Resistance: $3,310...
📊 Market Overview: EUR/USD is trading around 1.1330, slightly retreating after reaching near 1.1390 earlier this week. The US dollar is strengthening due to robust consumer confidence data and expectations that the Federal Reserve will maintain higher interest rates for an extended period. Meanwhile, the euro faces pressure as investors await upcoming Eurozone...
📊 Market Overview: Gold is currently trading around $3,314/oz, slightly down after testing resistance near $3,350. The market faces pressure from a strengthening USD and inflation concerns. Investors are closely monitoring signals from the Federal Reserve regarding future monetary policy. 📉 Technical Analysis: • Key Resistance: $3,350 • Nearest Support:...
📊 Market Developments: Gold prices continued to decline on May 29, reaching weekly lows below $3,250/oz. The primary driver is the strong recovery of the US Dollar following a US court's decision on tariffs and cautious FOMC minutes indicating the Fed remains vigilant about inflation, reducing gold's appeal as a safe-haven asset. 📉 Technical Analysis: • Key...
📊 Market Overview: Gold prices retreated slightly as stronger-than-expected U.S. consumer confidence data boosted expectations that the Federal Reserve may keep interest rates elevated for an extended period. This lent strength to the U.S. dollar, weighing on gold. Meanwhile, a more stable geopolitical tone—particularly in U.S.-EU trade discussions—has reduced...
📊 Market Overview: Gold (XAU/USD) is trading around $3,320/oz on May 28, 2025, after failing to break above a key resistance zone. The US dollar’s recovery and rising Treasury yields are putting short-term pressure on gold, despite lingering geopolitical tensions. 📉 Technical Analysis: • Key Resistance: $3,330 – $3,360 • Nearest Support: $3,280 – $3,235 • EMA...
📊 Market Overview Gold (XAU/USD) is trading around $3,309/oz after retreating from the $3,350 region during the Asian session today. Selling pressure emerged as U.S. Treasury yields rose and the USD rebounded slightly, despite expectations of potential Fed rate cuts in the near future. 📉 Technical Analysis • Key Resistance: $3,350 • Nearest Support:...
📊 Market Overview: - Gold is trading around $3,329/oz on May 27, after a slight decline due to President Donald Trump's postponement of the 50% tariffs on the EU until July 9, easing trade tensions. - However, end-of-month USD selling pressure from portfolio rebalancing and concerns over U.S. debt continue to support gold prices. 📉 Technical Analysis: -...
📊 Market Overview: Gold (XAU/USD) slightly retreated to around $3,325/oz during the May 26 session, after reaching a two-week high of $3,365. The main reason was the increased investor risk appetite after U.S. President Donald Trump postponed a plan to impose 50% tariffs on EU goods, reducing safe-haven demand for gold. However, the long-term bullish trend...
📊 Market Overview: Gold (XAU/USD) is trading around $3,335, retreating from a two-week high of $3,345.48. The US Dollar's weakness, driven by fiscal concerns and President Trump's extension of the EU tariff deadline to July 9, has supported gold prices. However, the easing of global trade tensions has limited the precious metal's upside . 📉 Technical Analysis:...