Gold Technical Analysis
Gold Exceeded $2665: Now Overbought!
Gold exceeded $2665 resistance. However, robust buying pressure made the yellow metal overbought. Before the uptrend resumes, a consolidation phase toward $2,640 is expected....
Gold Stays Below $2665 Ahead of US Economic Data
On Monday, the price of gold remained below $2,665 per ounce as investors waited for upcoming economic updates from the U.S. These updates include...
Gold tests $2640 resistance Amid PCE Data
Gold tests $2640 resistance, giving back gains from the previous session amid thin holiday trading. Traders continued to await...
Gold Consolidates Amid Fed Signals Fewer Rate Cuts
Gold's downtrend eased after prices declined to $2,585, which caused the RSI 14 to become oversold territory. Consequently, prices...
Gold Dipped Below $2667 Awaiting Direction
Gold traded sideways after it dipped below $2,667 and the 75-SMA. Meanwhile, Stochastic is oversold, hinting at a possible...
Gold Prices Hold Steady Ahead of Key US Inflation Report
FxNews—Gold hovered near $2,690 per ounce on Wednesday, pausing after two days of gains. This pause came as traders...
Gold Prices Reach $2660 Amid Global Tensions
Gold has climbed above $2,640 per ounce, reflecting its role as a safe haven during uncertain times. The Middle...
Gold Trades Sideways Amid Fed Decisions
FxNews—Gold prices remained below the %50 Fibonacci resistance level at $2,665, staying within a narrow trading range as investors...