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Tag: Weakens
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…