NicoTradingMaster

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XAU/USD remains near record highs as the US dollar weakens, with gold prices set to consolidate further in the coming months, underscoring that the precious metal is unlikely to fall further below $2,400 an ounce. Gold has hit back-to-back record highs this year, rising around 22%, and peaked at $2,531 an ounce last week on expectations of an upcoming US interest...

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Gold prices surged after Federal Reserve Chairman Jerome Powell spoke. While buyers also are careful approximately how hawkish the Fed will be Caution and profit-taking strain can be elements that save you gold from persevering with to rise. However, many latest forecasts display that the medium and long-time period fashion of gold continues to be pretty bright....

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Gold expenses fell however remained close to their current document highs, supported through a weaker US greenback and growing expectancies of a price reduce on the September assembly following dovish remarks from Federal Reserve Chairman Jerome Powell. Traders have now completely priced in a price reduce subsequent month, with a 64% threat of a 25 foundation...

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Gold prices fell but remained near their recent record highs, supported by a weaker US dollar and rising expectations of a rate cut at the September meeting following dovish comments from Federal Reserve Chairman Jerome Powell. Traders have now fully priced in a rate cut next month, with a 64% chance of a 25 basis point cut and a 36% chance of a 50 basis point...

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Gold prices could rise to a new high of $2,600 an ounce before the market sees profit-taking selling pressure. The market is currently reacting too positively to the expectation of interest rate cuts. Investors expect the Fed to cut interest rates this September and again by the end of the year. Investors are confident in the prospects of gold from now until the...

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said the gold market is focused on the Fed's interest rate cut. Since the beginning of the year, gold prices have increased by more than 20%, as investors expect the Fed to cut interest rates soon. "Gold prices are still rising despite high interest rates. Data shows that gold prices have been stable for a long time even before the Fed did not cut interest...

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Gold resumed its losses today and hovered near an all-time high after minutes from the US Federal Reserve's latest meeting showed officials were strongly inclined to cut interest rates at their September policy meeting. "Gold has the potential to move higher but not accelerate sharply without any unexpected events to spur it," Tai Wong added. "Gold prices closed...

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Gold prices were little changed this morning, the USD weakened and investors increasingly believe that the US Federal Reserve (Fed) may cut interest rates in September. "The main driver of the rise in gold prices has been financial investment demand, especially as ETF buying has improved and overall sentiment has improved on expectations of a Fed easing cycle...

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Geopolitical tensions continue to be a catalyst supporting the gold rally. In today's trading session, XAU/USD is expected to continue to maintain above the 2,500 zone and has the potential to increase further. However, investors should note that if the price closes below 2,499 on the H4 time frame, it could be a sign of a short-term correction. There is no news...

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The $2,500/ounce level of the precious metal is very difficult to maintain. Because, after reaching a new historical milestone, gold is easily sold off by investors to take profits. Not only that, at such a high price, it is difficult to attract new buyers to the market, also causing this commodity to decrease in price. The upward trend of gold is still in place...

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Gold had a stellar week, with a rally on August 17 pushing the precious metal to an all-time high above $2,500 an ounce and, according to experts, the long-term trend is definitely up. The housing data released this morning was so bad that it pushed market expectations even higher. "It really amplified the gold market and the possibility of a rate cut in September...

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The drop in jobless claims suggests the US economy is recovering well, which further strengthens the case for a lower-than-expected interest rate cut by the Federal Reserve in September. The precious metal, which has been under pressure from the sell-off earlier this week, was further weighed down by the latest inflation report, which dampened market optimism...

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After gold fell and corrected from the 0.618% Fibonacci extension stage to $2,455, as readers stated in yesterday`s edition, gold has now recovered barely and misplaced its bearish corrective momentum. In the short, medium and lengthy time period, the technical shape in addition to the fashion continue to be bullish. With gold breaking above the 0.618% Fibonacci...

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The Fed has signaled it will not wait for inflation to reach 2% before cutting interest rates. However, the US central bank has stressed that it will closely monitor inflation data. in the context of the US sending more troops and military equipment to the Middle East in response to the possibility of Iran attacking Israel, while the conflict in Ukraine poses new risks.

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Gold prices rose more than 1% on Tuesday and hit their highest since August 2, as money poured into safe havens as traders awaited U.S. inflation data this week that could shed more light on the Federal Reserve’s path to interest rate cuts.

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At the beginning of the trading session in the US market, the world gold price continued to increase from the session at the end of last week. The US unemployment benefit application report released in the middle of last week brought optimism to the stock and gold markets. After a quiet week, the world gold market is about to receive a series of important...

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Gold prices are expected to remain stable this week, with 60% calling for a sideways trend. The remaining 40% see gold prices rising. In an online Main Street poll, 62% of retailers see gold rising, while 21% see gold falling. senior market strategist at Forex, sees gold prices rising. Gold investors are still in control. After the gold price fell, buying orders...

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Most industry experts predict that gold prices will remain flat. Most retail traders expect gold prices to rise. The market will be paying attention to some notable economic news this week, including the July PPI, July CPI, July retail sales and weekly jobless claims, the University of Michigan's preliminary consumer sentiment survey for August, etc. The market...