Spot Gold keeps reaching record highs on a daily basis, hitting 2,353.64 a troy ounce on Monday.
XAU/USD Current price: $2,329.91 The US Dollar trades with a weaker tone amid a better market mood. Central banks' decisions and US inflation take centre stage this week. XAU/USD corrected from a fresh record high, maintains the bullish tone. XAU/USD retreated from its Asian peak and currently trades below the $2,330 threshold as a better market mood undermines demand for the bright metal.
Upcoming inflation data will surely be a make-it-or-break for the USD. XAU/USD short-term technical outlook XAU/USD's bullish trend is evident in the daily chart, which shows the pair consistently developing above all its moving averages. The 20 Simple Moving Average has been steadily increasing but stands far below the current level and above the longer ones, showing a clear uptrend.
XAUUSD Recommended Inflation Centralbanks
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Gold Price Forecast: XAU/USD could rebound toward record highs if $2,145 support holdsGold price is licking its wounds near $2,160 after witnessing about 1% percent correction from near record highs of $2,195 on Tuesday.
Lire la suite »
Gold Price Forecast: XAU/USD retreats from record highsGold price reached an all-time high on Thursday, with the bright metal trading as high as $2,222.65 a troy ounce during Asian trading hours.
Lire la suite »
Gold Price Forecast: XAU/USD pulls back to near $2,310 from the fresh highsGold price drops to near $2,310 per troy ounce during the Asian session on Monday after touching a new record high on Friday.
Lire la suite »
Gold Price Forecast: XAU/USD reaches to all-time highs near $2,230, US PCE eyedGold price appreciates to all-time highs near $2,230 per troy ounce, attempting to continue its winning streak for the fifth successive session on Friday.
Lire la suite »
Gold Price Forecast: XAU/USD ends Q1 2024 at record highs, what’s next?Gold price is sitting at an all-time high of $2,236, lacking a trading impetus amid holiday-thinned conditions on Good Friday.
Lire la suite »
Gold Price Forecast: XAU/USD aims for fresh record highsGold price keeps advancing on Thursday, now trading around $2,215.
Lire la suite »