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Gold price forecast: will xau/usd recapture key 21 dma barrier on soft us cpi inflation?

Daily closing above the 21 dma barrier at $1,879 is needed to confirm a bullish reversal from multi-mon...

October 12, 2023, 4:44 am

Gold price forecast: xau/usd needs validation from 50 dma to extend the recovery

On the flip side, any recovery will need to find acceptance above the flattish 50-Daily Moving Average (DMA) at $1,945, above which a fresh run toward...

August 7, 2023, 3:59 am

Gold price forecast: xau/usd buyers needs validation from key resistance near $1,940

On the upside, immediate resistance is seen near the $1,935 region, above which the 100 DMA at $1,943 will be a tough nut to crack for Gold buyers. A ...

June 27, 2023, 3:59 am

Gold price forecast: xau/usd sellers lurk above 21 dma on bearish rsi, hawkish fedspeak

Markets are currently pricing roughly a 72% probability of a July Fed rate hike, saving the day for US Dollar bulls. Gold traders will stay focussed o...

June 19, 2023, 3:44 am

Gold price forecast: xau/usd needs weekly close above 21 dma for a meaningful recovery

On the flip side, Gold price needs to breach the 21 dma support to resume the downside toward the criti...

June 16, 2023, 3:29 am

Gold price forecast: xau/usd appears vulnerable below 21 dma ahead of key event risks

Gold price continues to run into offers at the 21-Daily Moving Average of $1,965 on Monday. US Dollar rebounded with US Treasury bond yields on reposi...

June 12, 2023, 3:14 am

Gold price forecast: xau/usd appears ‘sell the bounce’ trade below 21 dma barrier

The short-term technical outlook for Gold price remains almost unchanged, with choppy trading likely to continue so long as Gold price remains between...

June 7, 2023, 4:29 am

Gold price forecast: for how long can xau/usd defend 100 dma support?

The 14-day Relative Strength Index (RSI) keeps its range below the midline, suggesting a bearish bias for Gold price. Further, Gold sellers are awaiti...

May 30, 2023, 3:59 am

Gold price forecast: 21 dma holds the fort, what’s next for xau/usd?

Gold price attempts a tepid bounce as the US Dollar consolidates previous gains. Traders weigh progress in the United States debt ceiling talks, downb...

May 15, 2023, 4:29 am

Gold price forecast: xau/usd bull-bear tug-of-extends around $2,000, eyes on us core pce price index

On the upside, Gold bulls need to yield a weekly closing above the 21 dma barrier to initiate a sustain...

April 28, 2023, 3:29 am

Gold price forecast: xau/usd appears vulnerable below 21 dma, united states data holds the key

Gold price is licking its wounds after breaching the key 21-Day Moving Average support. US Dollar attempts a bounce amid a cautious market mood, ahead...

April 24, 2023, 5:14 am

Gold price forecast: xau/usd could rebound toward $2,020 if 21 dma support holds

Renewed expectations of Fed rate hikes revived the sentiment around the US Dollar alongside the US Treasury bond yields, which smashed Gold price lowe...

April 17, 2023, 4:29 am

Gold price forecast: will xau/usd defend 21 dma at $1,843 on fed chair powell?

Gold price is finding fresh buyers once again below the $1,850 level. US Dollar is licking its wound alongside subdued US Treasury bond yields. Cautio...

March 7, 2023, 5:29 am

Gold price forecast: will xau/usd buyers recapture critical 21 dma hurdle?

Gold price is regaining upside traction in a potential bullish end to the week. US Dollar drops with the US Treasury bond yields, as traders weigh haw...

March 3, 2023, 5:14 am

Gold price forecast: xau/usd sellers could extend control after rejection near 21 dma

Gold price is back in the red for the first time in four trading days. Risk-aversion powers the US Dollar rebound, hawkish Fed bets boost Treasury bon...

March 2, 2023, 4:29 am


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