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TVS-Trader Updated 

Fundamental Analysis Gold (XAU/USD) maintained its buying bias heading into the European session and is currently trading around $2,660, or a one-and-a-half week high touched earlier this Thursday. It was the fourth straight day of positive action and was supported by geopolitical risks stemming from the worsening Russia-Ukraine war, which benefited the safe-haven...

TVS-Trader Updated 

Fundamental Analysis Gold prices attracted some follow-through buying for the third consecutive day on Wednesday and rose to a one-and-a-half week high, around the $2,641-$2,642 region during the Asian session. Rising tensions between Russia and Ukraine continued to boost demand for traditional safe-haven assets, coupled with slowing US Dollar (USD) price action,...

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Fundamental Analysis Gold prices attracted some safe-haven flows after posting its biggest weekly decline in more than three years last week and snapped a six-day losing streak on Monday amid rising geopolitical tensions. In addition, falling US Treasury yields prompted some profit-taking in the US Dollar (USD) following its post-US election rally to fresh yearly...

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Fundamental Analysis Gold extended its recovery to test $2,600 amid rising Russia-Ukraine tensions, ending a six-day losing streak. The latest gold rally could be due to rising Russia-Ukraine geopolitical tensions after the United States authorized Ukraine to use long-range US weapons to attack Russia. The greenback’s rally following Donald Trump’s election...

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🌐Fundamental Analysis UK employment figures largely beat expectations, but wage growth fueled inflation concerns. While jobless claims were lower than forecast, the number of people claiming unemployment benefits still rose from the previous month's revised figure. The Bank of England's (BoE) latest Monetary Policy Report is due out on Wednesday morning, and...

TVS-Trader Updated 

Fundamental Analysis Gold (XAU/USD) fell for a fifth straight day and dropped to its lowest since September 19, around $2,554-$2,553 heading into the European session on Thursday. The commodity continued to be weighed down by the post-election rally in the US Dollar (USD) that has extended into the new year, bolstered by optimism about the expected expansionary...

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fundamental analysis Gold prices pared some of their modest intraday gains, although they held above $2,600 heading into the European session on Wednesday. Uncertainty over the extent of trade tariffs promised by U.S. President-elect Donald Trump and their impact on the global economy dampened investor appetite for riskier assets, spurring some flows into the...

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Fundamental Analysis Gold prices fell to $2,600, or a fresh one-month low, heading into Tuesday’s European session on continued buying of the US dollar (USD). Investors remained hopeful that US President-elect Donald Trump’s expected expansionary policies could boost economic growth and boost inflation, limiting the scope for the Federal Reserve to ease policy....

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Fundamental Analysis Gold prices held firm around the $2,672-$2,670 range as they entered the European session on Monday, looking vulnerable to extending their recent pullback from an all-time high hit on October 31. The US dollar (USD) remained slightly below a four-month peak hit last Thursday amid optimism over Donald Trump’s expected expansionary policies,...

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🌐Fundamental Analysis The Bank of England (BoE) said on Thursday that it had cut its benchmark interest rate by 25 basis points (bps) to 4.75%, with eight policymakers voting in favor of the move The Federal Reserve (Fed) cut its policy rate by 25 basis points to a range of 4.5%-4.75%. The US central bank reiterated in its policy statement that risks to the job...

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Fundamental Analysis After Trump took office, hopes that his policies would boost economic growth and inflation, to a greater extent, overshadowed the dovish outlook of the Federal Reserve (Fed), which helped revive demand for the US Dollar (USD). In addition, a generally positive risk tone undermined the safe-haven precious metal. Meanwhile, falling US Treasury...

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Fundamental Analysis Gold (XAU/USD) extended losses for a second straight session on Thursday. The dollar-denominated precious metal faced downward pressure from a stronger US dollar (USD) following former President Donald Trump’s victory in the US election. Gold prices are under pressure as safe-haven flows ease amid market optimism and the “Trump trade”. The...

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Fundamental Analysis Gold prices reversed intraday losses to hit a more than one-week low and traded around $2,738, largely unchanged on the day ahead of the European session on Tuesday. Safe-haven demand stemming from a bitterly contested US presidential election and the risk of escalating geopolitical tensions in the Middle East provided some support for the...

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Fundamental Analysis Gold prices traded in positive territory on Monday. The US presidential election risks and ongoing geopolitical tensions in the Middle East are likely to support the yellow metal, a traditional safe-haven asset, in the near term. However, renewed demand for the greenback and higher US bond yields could limit gold’s upside as higher yields make...

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EURUSD is recovering gradually after a long period of weakness. 1.082 is considered the immediate support zone of the pair and the next support zone at 1.077 is the expected two hooks to BUY in today's nonfarm. The uptrend will be limited by the border zone of 1.095 and 1.100. Wish you a favorable trading day with my analysis.

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Fundamental Analysis The Federal Reserve (Fed) meets next week and announces its monetary policy decision on Thursday, November 7. The odds of a 25 basis point (bps) rate cut are 94.5%, down slightly from 95.5% last week. However, market players are still weighing whether a Republican victory in the upcoming presidential election could force the Fed to slow its...

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Fundamental Analysis The US Dollar (USD) attracted some buying on the dip and now appears to have halted its corrective slide from three-month highs amid bets on a slower pace of rate cuts by the Federal Reserve (Fed), supported by strong economic data. This, coupled with concerns over the growing US fiscal deficit, continued to push US Treasury yields higher and...

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Fundamental Analysis Gold prices rose to a fresh record high in Asian trade on Wednesday as uncertainties surrounding the US presidential election and Middle East conflicts continued to boost demand for traditional safe-haven assets. Additionally, a slight decline in US Treasury yields and weak US Dollar (USD) price action benefited the precious metal. The...