ANALYSIS OF IMPORTANT ECONOMIC HIGHLIGHTS OANDA:XAUUSD
Gold Price OANDA:XAUUSD climbs to all-time highs of nearly $2,250 per troy ounce during the early Asian session on Monday. The yellow metal attracts some buyers amid the expectations of a Federal Reserve (Fed) pivot in the second half of 2024, the ongoing geopolitical tensions in the Middle East,...
The US Dollar registered its first weekly decline for 2024, which, along with increasing demand for traditional safe-haven assets, lifted the Gold price to over a two-week high on Friday.
The growing conviction that the Federal Reserve will wait until the June policy meeting before cutting interest rates keeps a lid on any further appreciating move for the...
Signals and strategies for August 31 TVC:GOLD
🥰 TVC:GOLD is currently hovering around the 61.8% Fibonacci retracement level of the 1,985$ - 1,886$ drop at 1,947$, maintaining the bullish bias.
🥰The 4-hour chart shows that technical indicators are slightly down but still within overbought levels, not enough to confirm an interim top.
🥰US consumer...
Signals and strategies OANDA:AUDUSD
$ Australia's consumer price index inflation fell more than expected in July, further away from a 30-year high as a series of sharp Reserve Bank rate hikes appeared to be working as expected. .
$ Consumer price index inflation rose 4.9% in the 12 months to July, data from the Australian Bureau of Statistics (ABS) showed on...
Signals and Strategy August 24 TVC:GOLD
The world gold price gained modestly after a series of quiet days thanks to the weakening of the USD. Early this morning, the US Dollar Index, which measures the volatility of the greenback, fell 0.19%, increasing the attractiveness of gold to buyers holding other currencies.
The precious metal will face some...
