Gold Price

Gold Price At Major Support – Can It Bounce?

Gold price seems unable to break major horizontal support at the $1,820 area. To bears, this may be the neckline…

Feb 04, 2021, 07:59 GMT

Gold Price Outlook: XAU/USD Squeezed Between $1850 and $1869

Gold price action on the XAU/USD has seen a pushback of about 0.64%, even as the US Dollar extended gains…

Feb 02, 2021, 11:34 GMT

Gold Price Head and Shoulders Pattern About to Break Lower

A head and shoulders pattern forming on the hourly timeframe puts pressure on the gold price. On a break below…

Feb 02, 2021, 08:11 GMT

Gold Price Outlook: Upside Move Above $1869 May Not Be Sustainable

Gold price has experienced an upsurge on the day, which is a spinoff of the retail pump activity on silver.…

Feb 01, 2021, 08:40 GMT

Gold Price Is Up Today, But Is a Steep Drop In the Works?

The lower-than-expected US advance GDP data appears to have dampened the mood on the greenback and allowed spot metals to…

Jan 28, 2021, 15:39 GMT

Gold Price Tight Range Continues, A Breakout Is Imminent

Gold price did not follow the volatility in the stock market. It keeps moving in a very tight range. The…

Jan 28, 2021, 08:18 GMT

Gold Prices Dive Below $1850 As US Dollar Gathers Momentum Post-FOMC

The US Dollar continued to rally against gold prices as the Fed kept interest rates intact. Gold prices have ended…

Jan 27, 2021, 21:31 GMT

Gold Price at Support Before the Fed Statement Today

Gold price, as other dollar markets as well, just consolidated in the past weeks. It appears that the markets wait…

Jan 27, 2021, 08:12 GMT

Gold Price Forecast: Cup and Handle Hints at Further Upside

Gold price is struggling today as investors continue to question its demand as Bitcoin and other cryptocurrencies become more influential.…

Jan 26, 2021, 08:47 GMT

Gold Price Outlook: XAUUSD Drops Below $1850; Targets $1821 Next

Today's upside on the greenback has helped to send the XAUUSD pair lower on the day. The pickup in demand…

Jan 22, 2021, 14:08 GMT

Gold Price Ready for a New Leg Lower – $1,650 Next

Gold price forms a massive head and shoulders pattern on the daily chart, one that should act as a continuation…

Jan 20, 2021, 09:50 GMT

XAUUSD Outlook: Yellen’s Call for More Stimulus Keeps Gold Prices Below $1850

Gold price remains range-bound, even as incoming US Treasury Secretary Janet Yellen provides testimony to the Senate Finance Committee. She…

Jan 19, 2021, 16:59 GMT