⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is moving downwards, reaching $2,027 in the early Asian session on Monday. The strong economic data from the United States has led to expectations that the Federal Reserve (Fed) may postpone interest rate cuts, thereby strengthening the US Dollar (USD). The crucial support...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is trading without much movement during the early Asian session on Monday. However, the increase in the value of the precious metal is being supported by the weaker US Producer Price Index (PPI) data and escalating tensions in the Middle East. Currently, the gold price stands...
✍️ NOVA hello everyone, Let's comment on gold price next week from 15/1 - 19/1/2024 🔥 World situation: Traders purchased Gold as a result of the intensification of the conflict in the Middle East. Additionally, the rise in demand for the precious metal was driven by the decrease in yields of US Treasury bonds. This was fueled by expectations that the US...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold is trading higher near its three-week high of around $2,088 per troy ounce during the Asian session on Thursday. The potential for rate cuts by the Federal Reserve (Fed) in the first quarter of 2024 has improved risk appetite, leading to an increase in the price of gold. The presence...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US Dollar showed weakness against other currencies, while the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies used by US trade partners, fell to its lowest level since July at around 101.45. Treasury yields decreased, with the 10-year yield at...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The last week of 2023, without much important economic news, Gold prices maintained a stable high price range above $2050. The information that interest rates will remain unchanged is the information that investors are most interested in, which is beneficial for Gold. Creating one of the most...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is struggling to take advantage of its temporary increase to a level close to the highest point in three weeks. Currently, it is trading just below $2,050 as we enter the European session on Friday. The US Dollar (USD) has gained some positive momentum, recovering from a...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is showing positive momentum on Thursday and is recovering a significant portion of the decline it experienced the previous day from near the weekly high. However, the precious metal continues to trade within a well-known range that has been maintained over the past week or...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) has entered a phase of bullish consolidation on Wednesday, as it trades within a narrow range just below the weekly high reached the day before. Several officials from the Federal Reserve (Fed) have recently attempted to delay market expectations of early interest rate cuts...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is unable to take advantage of the slight increase from the previous day and instead moves within a limited range during Tuesday's Asian session. Several important officials from the Federal Reserve (Fed) have recently attempted to counter market expectations for early...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is showing a positive trend at the start of the week and maintains its modest gains during the European trading session. However, there is a lack of sustained buying momentum. Last week, the Federal Reserve (Fed) indicated an end to its tightening of monetary policy and...
✍️ NOVA hello everyone, Let's comment on gold price Decision week of 2023:18/12 - 22/12/2023 🔥 World situation: After the FED meeting on keeping interest rates unchanged, Gold prices have increased sharply again and the chance of ending the year above $2000 is huge. Because the last week of 2023 does not have important economic data and investor psychology...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) continues to move sideways during the European session on Friday and is trading below a high reached the previous day in the range of $2,047-2,048. The release of positive macroeconomic data from the United States on Thursday, coupled with a stronger-than-expected monthly...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is continuing to increase after a strong recovery from the 50-day Simple Moving Average (SMA), which was around the $1,973 mark. This recovery comes after a three-week low and the positive momentum has carried over into Thursday. The Federal Reserve (Fed) announced on...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian session on Tuesday, the price of gold (XAU/USD) has slightly increased and moved away from a three-week low, which was around the $1,976-1,975 range reached the previous day. However, there is a lack of continued buying or strong bullish sentiment as traders appear hesitant to make...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The Federal Reserve will disclose its decision on the interest rate on Wednesday, marking its final meeting of the year. Market expectations for the December meeting suggest that there will be no alteration in rates, and there is a belief that the dot plot will decrease. However, following the release...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is moving downwards for the second consecutive day on Monday, distancing itself even further from the record high it reached last week. During the first half of the European session, the value of this precious metal remains low, staying below the significant $2,000 mark, due...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold reached record highs this week, reaching $2,144.48 in an aggressive rally on Monday. However, the XAU/USD has been trading thinly for the rest of the week, erasing the gains made on Monday. Spot Gold has slightly decreased throughout the week, down just over 2% from Monday's opening prices as we...