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Tag: XAUUSD

Gold Exceeded $2665: Now Overbought!

Gold Technical Analysis J.J. Edwards -
Gold exceeded $2665 resistance. However, robust buying pressure made the yellow metal overbought. Before the uptrend resumes, a consolidation...

Gold Stays Below $2665 Ahead of US Economic Data

Gold Technical Analysis J.J. Edwards -
On Monday, the price of gold remained below $2,665 per ounce as investors waited for upcoming economic updates from...

Gold tests $2640 resistance Amid PCE Data

Gold Technical Analysis J.J. Edwards -
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 Technical Analysis J.J. Edwards -
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 Technical Analysis J.J. Edwards -
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

Gold Technical Analysis J.J. Edwards -
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 Technical Analysis J.J. Edwards -
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

Gold Technical Analysis J.J. Edwards -
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 Technical Analysis J.J. Edwards -
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

Gold Technical Analysis J.J. Edwards -
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

Gold Technical Analysis J.J. Edwards -
FxNews—Gold prices began a consolidation phase from $2,600 (23.6% Fibonacci support level), trying to stabilize itself above the 100-period...

Gold Prices Declined Amid Ceasefire Talks

Gold Technical Analysis J.J. Edwards -
FxNews—Gold prices began a bearish trajectory after failing to surpass the $2,710 resistance. The decline happened because reports suggested...

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