NicoTradingMaster

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Last week, I had the satisfaction of web website hosting a webcast on gold and gold mining stocks, and I become satisfied to be joined via way of means of portfolio supervisor Ralph Aldis. Thanks to all who participated! Regretfully, I`m now no longer accepted to proportion a replay of our dialogue because it become supposed for economic advisors, however there...

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Golden Dilemma: The rate of the yellow steel has fallen from its excessive as US Dollar`s restoration pushed with the aid of using increased US middle PCE inflation information, placing strain at the cost of gold. The annual underlying inflation information rose at a better tempo of 2.7% from the estimates of 2.6% however decelerated from 2.8% recorded in...

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The possibility of a US interest rate cut in June - a recovery scenario at the beginning of the year - has become slim in the past few weeks, with the market swap now only 16%. Reassuringly, some traders have posited that the Fed will not cut interest rates this year. Gold is still up about 17% since mid-February, despite signs that the Fed's much-anticipated...

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During the session on April 22, gold prices adjusted sharply down after failing to rise above the resistance level at $2,400 and currently the precious metal is trading around the $2,330 threshold. The reason for this partly comes from the easing of tensions in the Middle East, causing demand for shelter assets to weaken. In addition, the strong increase of the...

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Many buyers are involved approximately geopolitical risks. They extended the want to safe haven capital in valuable metals, growing situations for today`s gold charge to warmness up. In an destructive financial context, gold expenses maintain to draw buyers because the principal bank's buying strength has now no longer stopped. Officials of americaA Federal...

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Many investors are concerned about geopolitical risks. They increased the need to shelter capital in precious metals, creating conditions for today's gold price to heat up. In an unfavorable economic context, gold prices continue to attract investors as the central bank's purchasing power has not stopped. Officials of the US Federal Reserve (FED) noted that...

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World gold prices increased slightly, currently trading around 2,370 USD at the time of writing. Yesterday, gold turned down after approaching its highest level of the week in the European session, reaching about 2,395 USD, almost reaching the 2,400 USD mark. The main reason for this decline comes from improved market sentiment, reflected in investors' preference...

NicoTradingMaster Updated 

World gold charges extended slightly, presently buying and selling round 2,370 USD on the time of writing. Yesterday, gold became down after drawing near its maximum stage of the week withinside the European session, achieving approximately 2,395 USD, nearly achieving the 2,four hundred USD mark. The important cause for this decline comes from stepped forward...

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Gold surpassed $2,four hundred an oz on Friday, however closed decrease as technical signs advised gold`s rally had overheated and traders closed positions. The present day tendencies withinside the Middle East brought about a wave of searches for secure assets, with issues approximately viable Israeli retaliation probably to assist gold withinside the close to...

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The reason for this sudden price increase remains unclear. However, experts say that the gold futures price spike of $10 when surpassing Thursday's high may be due to the stop-loss order being activated. Trading volume reaching 0.5 million ounces is also the main driving factor for this increase. The next developments of the gold market still have many unknowns....

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Overall, gold endured to expose power ultimate week, particularly with a surge to $2,330 on the give up of the week notwithstanding the stronger-than-predicted NFP report. Lingering geopolitical tensions withinside the Middle East and Ukraine remain a riding element for treasured metals. However, later this morning, gold plummeted to $2,303 earlier than improving...

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In the April 3 session, gold was supported when the ISM services PMI report dropped to 51.4 compared to the initially estimated level of 52.8. The precious metal fell to $2,267 early in the European session but then rebounded sharply and ended the day at $2,293 after the PMI data was released. Today, the market will receive unemployment benefit applications along...

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Gold rebounded sharply over the weekend as the core PCE index matched estimates. The precious metal broke out from $2,194 to $2,235 before correcting slightly and ending the week at $2,223. The MoM core PCE index increased 0.3%, coinciding with market expectations. This shows that inflation is still persistent and the Fed will not be in a hurry to cut interest...

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During the March 26 session, gold charges rose again to $2,195, however as quickly as information at the range of US long lasting items orders changed into announced, gold adjusted again down. Price aid is presently positioned across the antique height at $2,144.5 There won`t be a great deal important information popping out withinside the close to term, so all...

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XAU price scans two-way following economic data, especially after the Fed's interest rate policy meeting The market will receive a series of important economic data, including the CB consumer confidence index, GDP report, and PCE index - the Fed's favorite inflation measure. Currently, gold is rebounding to $2,175.

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XAU fee scans two-manner following monetary data, specially after the Fed`s hobby charge coverage meeting The marketplace will obtain a chain of critical monetary data, together with the CB customer self belief index, GDP report, and PCE index - the Fed's preferred inflation measure. Currently, gold is rebounding to $2,175.

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After rebounding more than $10 to above $2,164, gold turned down again and ended the day at $2,157. Earlier today, the Fed continued to keep interest rates unchanged at 5.5% and in the press conference, Chairman Powell emphasized that interest rates should not be delayed for too long. After the meeting, the precious metal jumped to $2,174 and continued its...

NicoTradingMaster Updated 

After rebounding greater than $10 to above $2,164, gold grew to become down once more and ended the day at $2,157. Earlier these days, the Fed persevered to maintain hobby prices unchanged at 5.5% and withinside the press conference, Chairman Powell emphasised that hobby prices must now no longer be not on time for too long. After the assembly, the treasured...