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The gold price is currently being influenced by bearish market sentiment and is expected to drop to around $1,830. This is due to the upcoming testimony of Fed Chair Jerome Powell and the Nonfarm Payrolls data release. Recent comments from Fed officials suggest a continued focus on hiking rates until they reach at least 5%, which could lead to a significant drop...

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While US rates hit a three-month high over 4%, the gold price oscillates in a tight range below $1840.00. The Dollar Index is coping with wild oscillations, which are often followed by a volatility decrease. Tight US labour market likely to soften off ahead despite reduced job posts on employment sites. In the Asian session, the gold price (XAU/USD) has broken...

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With gold trading between these levels, I expect the price to drop down to 21/25 then rise one last time to 35 before heading down for either a correction for more upside or down to 1770/1750/1721/1680 if you have any sorts of comments please comment.

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As gold started falling yesterday and today made a strong recovery, I'm still expecting to head back down to either 178x area and back up or back to 175x area.

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Let's look for selling around these levels for other sell-off days.

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The fact that gold kept on crawling up without a good pullback for another strong bull run, in my opinion, means that it could be a sell day tomorrow just to grab all the liquidity and prepare for a possible bull run next week. however, a pullback to one of those levels then another leg up is possible too depending on the reaction of these support levels. the...

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After a good rally, I expect gold to head to one of these levels for a retracement before continuing the bullish movement.