- Possible bearish pullback price movement towards the support 1.07100 within the next period.
- Possible bearish pullback price movement towards the support 1.22000 within the next period.
- Possible bullish pullback price movement towards the resistance 1.58000 within the next period. - Buy zone around 1.54800.
- Possible bearish pullback price movement towards the support 0.68050 within the next period.
- Possible bullish pullback price movement towards the resistance 33600 within the next period.
-Gold prices are currently increasing, but not as much as their intraday high due to the influence of rising Treasury yields and a strong U.S. Dollar. - The market continues to hover near its highest level since late April while on track for a fifth straight weekly gain. The catalysts supporting gold have been the anticipation of slower rate hikes from the U.S....
- Possible bullish pullback price movement towards the resistance 107 within the next period. - Buy zone around 102.
- Possible bearish pullback price movement towards the support 1900 within the next period.
- Possible bullish pullback price movement towards the resistance 35600 within the next period. - Buy zone around 33500.
- Possible bearish pullback price movement towards the support 1.20600 within the next period.
- Possible bullish pullback price movement towards the resistance 36k-38k within the next period.
- Possible bullish pullback price movement towards the resistance 11900 within the next period.
Gold prices are currently rising, driven by a decline in US consumer prices which has led to increased bets for slower Federal Reserve interest rate hikes. The current price action suggests investors may have already set their sights on the psychological $2000 level, but in order to get there quickly, traders need a catalyst, which is the Federal Reserve. If the...
- Possible bullish pullback price movement towards the resistance 11900 within the next period.
- Possible bearish pullback price movement towards the support 89.80 within the next period.
- Possible bearish pullback price movement towards the support 96.32 within the next period.
- Possible bearish pullback price movement towards the support 1.2000 within the next period.
- Possible bearish pullback price movement towards the support 1820 within the next period.