- Gold prices soared over 2.25% on Thursday to its highest level since August 23 after a government report showed U.S. inflation cooled off a bit in October, lifting optimism that the Federal Reserve would adopt a less aggressive approach to tightening policy starting in December. - The surprisingly weak consumer inflation report drove U.S. Treasury yields sharply...
- Gold prices soared over 2.25% on Thursday to its highest level since August 23 after a government report showed U.S. inflation cooled off a bit in October, lifting optimism that the Federal Reserve would adopt a less aggressive approach to tightening policy starting in December. - The surprisingly weak consumer inflation report drove U.S. Treasury yields sharply...
- Possible bearish pullback price movement towards the support 1.16500 within the next period.
- Possible bullish pullback price movement towards the resistance 1.18100 within the next period.
- Possible bearish pullback price movement towards the support 139.000 within the next period.
- Possible bullish pullback price movement towards the resistance 1.01200 within the next period.
- Possible bearish pullback price movement towards the support 1692 within the next period.
- Possible bearish pullback price movement towards the support 0.57800 within the next period.
- Possible bullish pullback price movement towards the resistance 143 within the next period.
- Possible bearish pullback price movement towards the support 108.00 within the next period.
- U.S. Non-Farm Payrolls surged by 261,000, according to data from the Bureau of Labor Statistics. That was much higher than the 205,000 add that economists expected. At the same time, the unemployment rate ticked up slightly to 3.7% from 3.5% a month earlier. - The yield on the 2-year Treasury note eased slightly on Friday after hitting a fresh 15-year high. The...
- Possible bearish pullback price movement towards the support 144 within the next period.
- Possible bearish pullback price movement towards the support 1730 within the next period.
- Possible bearish pullback price movement towards the support 0.57000 within the next period.
- Possible bearish pullback price movement towards the support 85.00 within the next period.
- Gold prices soared on Friday as U.S. Treasury yields fell sharply and the U.S. Dollar weakened after a U.S. labor market report showed an uptick in the U.S. unemployment rate in October raised the odds of a potential slowdown in the pace of Federal Reserve rate hikes. - The yield on the 2-year Treasury note eased slightly on Friday after hitting a fresh 15-year...
- Possible bullish pullback price movement towards the resistance 1.18000 within the next period.
- Possible bullish pullback price movement towards the resistance 0.65800 within the next period.