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AAAU / Gold's Downswing Intensifies: Is the Precious Metal Nearing a Bottom?

Gold's Downswing Intensifies: Is the Precious Metal Nearing a Bottom?
With the RSI hitting oversold territory and approaching extreme levels, gold may be nearing a potential bottom, but the next support zone at 1,850/1,843 remains crucial. Read More
Posted: Sep 28 2023, 16:28
Author Name: FXEmpire
Views: 112162

AAAU News  

Gold Prices Forecast: XAU/USD Gains on US Dollar's Pain

By FXEmpire
November 4, 2023

Gold Prices Forecast: XAU/USD Gains on US Dollar's Pain

Amidst a softer dollar and tempered U.S. Treasury yields, spot gold's surge signals investor caution in anticipation of Fed's rate hike decisions. more_horizontal

This is just the start for gold, even if ATHs remain out of reach

By Kitco
November 3, 2023

This is just the start for gold, even if ATHs remain out of reach

(Kitco News) - Chaos in the Middle East appears to be contained within Gaza as Israel continues to wage its war against Hamas; however, the static geo more_horizontal

Global Gold Demand Down From Last Year But Still Robust, World Gold Council Says

By Investopedia
November 3, 2023

Global Gold Demand Down From Last Year But Still Robust, World Gold Council Says

While Americans have been buying up gold bars at Costco with enthusiasm, global demand for gold fell in the third quarter compared to last year, a rep more_horizontal

Wall Street analysts see virtually no downside for gold prices, retail investors maintain bullish outlook

By Kitco
November 3, 2023

Wall Street analysts see virtually no downside for gold prices, retail investors maintain bullish outlook

(Kitco News) - Gold traded in an elevated and narrow range this week, frequently testing the $2,000 psychological price barrier without ever managing more_horizontal

Gold Breaks Out of Inside Day: Bullish Momentum Building

By FXEmpire
November 3, 2023

Gold Breaks Out of Inside Day: Bullish Momentum Building

Amid strong upward movement, gold targets a breakout above the trend high, setting the stage for a possible new record monthly close in November. more_horizontal

Gold Weekly Price Forecast – Gold Markets Have Volatile Week

By FXEmpire
November 3, 2023

Gold Weekly Price Forecast – Gold Markets Have Volatile Week

Gold markets have gotten rather noisy during the course of the week, and at this point in time it looks like we are hanging around the $2000 level. more_horizontal

Gold Price Forecast – Gold Markets Rally on Friday

By FXEmpire
November 3, 2023

Gold Price Forecast – Gold Markets Rally on Friday

Gold markets rallied on Friday, as we continue to bounce around the $2000 level. At this point, it looks like we are just simply trying to consolidate more_horizontal

Gold price rallies after soft U.S. jobs report

By Kitco
November 3, 2023

Gold price rallies after soft U.S. jobs report

(Kitco News) - Gold and silver prices are higher in early U.S. trading Friday, boosted by a downbeat U.S. economic report that should assuage Federal more_horizontal


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