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FORECAST OANDA:XAUUSD : - Despite the falling exchange rate, gold prices tend to decrease slightly during the trading session - Attention will focus on US non-farm payrolls at the end of the week Although falling yields benefited the technology index, gold struggled to get a boost, sending prices down for the second day in a row. While the precious metal...

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FORECAST – OANDA:XAUUSD - Gold prices retreat after failing to sustain Monday’s brief bullish breakout Gold prices surged to a new record near $2,150 during Asian trading. However, the bullish momentum quickly turned into a significant sell-off when European and U.S. markets opened, possibly due to the rebound in bond rates. U.S. Treasury yields have been...

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Volatility spiked across many assets last week, producing notable breakouts and breakdowns in the process. First off, U.S. Treasury yields plummeted across the board, with the 2-year yield sinking below its 200-day simple moving average and reaching its lowest level since early June at 4.54%. The market dynamics also benefited precious metals, triggering a strong...

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🖥 GOLD MARKET ANALYSIS AND COMMENTARY - This week, gold prices have continuously increased sharply after breaking the important resistance level at 2,010 USD/oz. Gold price at one point climbed to 2,075 USD/oz and closed the week at 2,072 USD/oz. Although the FED Chairman's statement is still heavily "hawkish", the gold price has almost ignored this as it...

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US GDP KEY POINTS: - US GDP Q3 (2nd Est) Actual 5.2% Vs 2.1% Previous. - GDP Price Index QoQ (2nd Est) Actual 3.5% Vs 1.7% Previous. - Markets Continue to Price in More Aggressive Rate Cuts from the Fed in 2024, Weighing on the US Dollar. The US economy grew at an annualized rate of 5.2% in Q3 2023, above the forecasted figure of 5% and revised from the...

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TECHNICAL ANALYSIS OANDA:XAUUSD Gold prices rose on Monday, supported by falling US bond yields and a weaker US dollar. With recent performance, the precious metal is up more than 8% since October, moving above the psychological $2,000 level – a technical signal that has reinforced the metal's constructive trend. To have stronger confidence in the bullish...

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OANDA:XAUUSD ANALYSIS - Gold expected to underwhelm this Thanksgiving weekend amid thin trading - XAUUSD reveals an aversion to trading above $2000 as ceasefire tests safe haven appeal - USD and Treasury yields remain a factor as markets lower expectations of rate cuts next year OANDA:XAUUSD EXPECTED TO UNDERWHELM THIS THANKSGIVING WEEKEND Gold prices rose...

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OANDA:XAUUSD PRICE FORECAST: - Gold Rally Loses Steam at the Psychological $2000/oz Level. - DXY Rally Continues as Treasury Yields Rebound as Well all Working Against the Rally in Gold Prices. - US Heading into the Thanksgiving Break Means Low Liquidity Tomorrow and Potentially Friday as well. Gold prices continue to find acceptance above the $2000/oz a step...

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OANDA:EURUSD , TVC:DXY KEY POINTS POST FOMC MINUTES: - FOMC Minutes Turns into Non-Event Following Recent Inflation Print and No Surprises. - DXY Eyes Recovery Following Bounce off Key Support Area. More Upside Ahead? - EURUSD Flirts with 1.0900 as Long-Awaited Retracement May be Upon Us. The US Federal Reserve released the minutes of the November FOMC...

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OANDA:XAUUSD ANALYSIS, PRICES, AND CHARTS - US dollar weakness may be put on hold ahead of the Thanksgiving Holiday - The technical set-up for gold looks positive. The FOMC meeting minutes will provide more insight into the Fed's future plans. Markets believe that interest rates have reached their highest point and will be reduced next year. Chairman Powell...

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MARKET FORECAST AHEAD OF THE WEEK: OANDA:XAUUSD - US Treasury yields have fallen in the past few days, putting pressure on the US dollar - Meanwhile, gold prices breached key technical levels on the way higher - Several high-impact events are expected in the coming days, with a shorter trading week in the US due to the Thanksgiving holiday. US Treasury...

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US DOLLAR FORECAST – OANDA:EURUSD , OANDA:GBPUSD , OANDA:AUDUSD - The U.S. dollar could head lower in the near term - The pullback in U.S. Treasury yields will act as a headwind for the greenback - This article explores the technical outlook for EUR/USD, GBP/USD and AUD/USD, focusing on price action dynamics and key levels in play The US dollar, as...

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OANDA:XAUUSD PRICES OUTLOOK - Gold prices rally and break above technical resistance in the $1,975/$1,980 area - Bullion’s gains are driven by a steep pullback in Treasury yields following disappointing economic data - This article examines key XAUUSD’s levels worth watching in the coming trading sessions Gold prices rose over 1.0% on Thursday due to a...

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OANDA:XAUUSD PRICE, ANALYSIS, AND CHARTS - UK CPI came in at a two-year low for October - The Core measure also ticked lower - Gold prices are closing back in on $2000 Gold prices rose in Wednesday's European session as the UK joined developed economies experiencing a decrease in inflation. Official data showed a two-year low of 4.6% in annual headline...

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US DOLLAR, PRICE FORECAST OANDA:XAUUSD - The US dollar fell as yields fell following lower-than-expected US inflation data - Gold prices hit key technical levels in both cases US Treasury yields fell sharply on Tuesday after weaker-than-expected US consumer price index data reduced the likelihood of further tightening by the central bank and weakened its...

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OANDA:XAUUSD , NASDAQ 100 FORECAST - Gold prices and Nasdaq 100 will be very sensitive to the upcoming US inflation report - The US Bureau of Labor Statistics will release October consumer price index data on Tuesday - Headline CPI is forecast to increase 0.1% month-on-month and 3.3% year-on-year. Meanwhile, the core index is expected to come in at 0.3% monthly...

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OANDA:XAUUSD had a tough week and ended at a new three-week low as investors moved away from safe-haven assets and into more risk-on markets. Higher bond yields also pressured the precious metal which is currently testing a series of technical levels. The US dollar had a confusing week as US Treasury yields fell, then spiked and ended the week near their...

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US DOLLAR FORECAST – OANDA:XAUUSD - The U.S. dollar, as measured by the DXY index, rallies on soaring U.S. bond yields - Powell’s hawkish comments reinforce the greenback’s advance - This article examines Gold prices from a technical standpoint, analyzing key levels to watch in the coming days The US dollar started off the day quietly but gained momentum...