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Tag: Weakens
Gold Price Forecast: Hits $2,955 Record High, but Momentum Weakens
Second Low Toment Day Because this is the second day after a bullish breakout signal for a pattern, and there…
Gold News: Prices Near Record High as Dollar Weakens and Trump Calls for Rate Cuts
At 12:28 GMT, XAU/USD $ 2778.78, an increase of $ 23.92 or +0.87%. Spot gold has risen steadily this week…
Silver (XAG) Forecast: No Boost from China’s Stimulus, Silver Weakens on Fed Caution
Higher interest rates typically reduce the appeal of non-yielding assets like silver, putting downward pressure. Market participants remain wary of…
US Dollar Forecast: DXY Weakens as Gold Holds Steady Ahead of Election and Fed Cut
A sustained move above 103,827 indicates the presence of buyers. If this creates enough upside momentum, look for a rise…
Gold (XAU) Daily Forecast: Uptrend Holds Firm as U.S. Dollar Weakens on Rate Cut Hopes
Gold – Chart Gold (XAU/USD) is trading today at $2,644.12, up 0.54%. The price has managed to stay above the…
Gold Price Forecast: Reaches New High, Bullish Momentum Weakens at Resistance
Potential resistance zone reached Gold has been trading in a potential resistance zone since Tuesday's advance hit targets for two…