Thursday, November 21, 2024
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Gold Technical Analysis

Gold Surges Above $2650 as Russia-Ukraine War Escalates

Gold prices exceeded the 38.2% Fibonacci level, trading at approximately $2,650, and are nearing the 50% Fibonacci level. This increase was driven by investors...

Gold Hits $2620 as Investors Eye Fed Moves

FxNews—Gold prices climbed above $2,620 per ounce, reaching their highest point weekly. This increase is mainly due to a weaker US dollar. Investors are...
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Gold Struggles as Fed Chair Powell Rules Out Cuts

FxNews—Gold is experiencing a weak pullback from $2,530, heading to fill the bearish fair value gap at $2,600. The...

Gold Plunge as ETFs Pour $809 Million in November

On Wednesday, the price of gold stayed below the immediate resistance of $2,620, backed by the bearish fair value...

Fed Rate Cut Keeps Gold Strong at $2680 on Soft Labor Data

FxNews—Gold held steady at around $2,680 per ounce on Friday following the Federal Reserve's decision to cut interest rates...

Will Gold Trigger a Bullish Wave at the $2670 Resistance?

FxNews—Gold prices stabilized at around $2,650 per ounce on Thursday. This follows a sharp decline of more than 3%...

Gold Holds Strong Above $2725 as Inflation Worries Grow

FxNews—On Tuesday, gold prices stayed above critical support at $2,725 but didn't show much movement. This lack of activity...

Gold Stays Strong Above $2780 Amid US Election Worries

FxNews—Gold prices stayed strong at $2,780 per ounce on Thursday, maintaining their peak due to the rising demand for...