Weekly chart shows strength The weekly chart with a longer time frame (not shown) shows greater strength than what is…
Higher up the target zone is 2,688 If the 50-day line can then be reclaimed and buyers remain in control,…
Daily Gold (XAU/USD) Gold's price action reflects gold's struggle to break through significant resistance. After reaching $2790.17 at the end…
Short-term strength in counter-trend rally Nevertheless, the trendline closely coincides with the 20-day MA indicated as resistance at the recent…
What forces united to bring about Gold's historic rally? Several key factors drove gold's remarkable rise in 2024. Central banks…
However, breaking gold above the $2,800 level would change everything and should send it to the $3,000 level, which wouldn't…
The 100-year gold price chart offers many valuable insights. In any case, historical gold charts make it clear that gold…
The Federal Reserve's hawkish tone, driven by strong labor data and persistent inflation, dampened gold's fourth-quarter rally. Expectations of fewer…
200-day MA shows weakening Once previous support is tested as resistance, the bear trend in the case of the 200-day…
Weekly US Dollar Index (DXY) The strength of the dollar exacerbated pressure on gold. The U.S. dollar index advanced for…
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