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Tag: Breakout
Gold (XAU) Price Forecast: Will PCE Inflation Data Spark a Bullish or Bearish Breakout?
Daily US Dollar Index (DXY) The US dollar index fell 0.4%, lending support to gold by making it more attractive…
Silver (XAG) Daily Forecast: Triple-Top Breakout at $30.73 Could Target $31.30
Meanwhile, the Middle East has seen some stabilization, with the ceasefire between Israel and Hezbollah remaining stable. This ceasefire, made…
Gold (XAU) Daily Forecast: Double-Top Breakout Signals Upside Potential for Gold Prices
Gold – Chart Gold (XAU/USD) is trading at $2,635.63, up 0.14%, and remains above the pivot point at $2,625.43. The…
Gold (XAU) Daily Forecast: Will $2,626 Pivot Spark a Breakout or Pullback?
Speculation about Fed rate cuts is taking center stage Investor attention is now firmly focused on the Federal Reserve, with…
Gold News: Resistance at $2604 Holds the Key to the Next Price Breakout
Daily ten-year US Treasury yields Meanwhile, US Treasury yields remain steady, with the 10-year bond at 4.4316% and the 2-year…
Gold News: Election Uncertainty and Fed Policy—Bearish Reversal or Bullish Breakout?
Weekly Gold (XAU/USD) Gold's weekly technical data reveals a potentially bearish close reversal top, with a higher high and a…
Silver (XAG) Daily Forecast: Seasonal Demand vs. Market Caution; Key Breakout Level $32.88
Despite the pullback, analysts suggest that political uncertainty could ultimately support silver, a traditional safe haven, as investors look for…
Silver (XAG) Forecast: Will PCE Inflation Surprise Fuel Silver’s Next Breakout?
Weekly Silver (XAG/USD) Silver's inability to surpass the multi-year high resistance at $35.40 triggered a selloff that pushed it towards…
Gold Price Forecast: Bull Flag Breakout Targets New Highs if Strength Continues
Key short-term support at the current low of 2,659 A drop below the current low of 2,659 could lead to…
Silver (XAG) Forecast: Gold Rally and China Stimulus Boost Silver’s Breakout Potential
Housing, which represents 70% of Chinese household wealth, remains a drag on growth. New home prices fell at the fastest…