Gold Technical Analysis
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 bounced from weekly lows and...
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 reversal or a consolidation phase.
If...
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...
Gold Prices Steady at $2630 Ahead of Crucial US Jobs Data
Gold prices remain steady above $2,640/oz as investors await US jobs data and Fed speeches. This fuels rate-cut expectations...
Gold Drops Below 100-SMA Signaling Further Decline
FxNews—Gold shifted below the 100-period simple moving average after it failed to surpass the October 23 low at $2,710,...
Gold Fills Bearish Fair Value Gap Amid Market Uncertainty
FxNews—Gold prices began a consolidation phase from $2,600 (23.6% Fibonacci support level), trying to stabilize itself above the 100-period...