Gold Price Forecast: XAU/USD eyes daily close for Falling Wedge confirmation Gold XAUUSD Commodities Fed SEO
pulled back sharply from multi-week highs of 105.36 on the data release to fall as low as 104.55, lifting Gold price to the $1,820 round figure. The retreat in the US Treasury bond yields also boded well for the non-yielding Gold. The benchmark 10-year US Treasury bond yield continues to face stiff resistance just shy of the 4.0% key level.
Further up, the $1,730 round number will be retested, above which the previous week’s high at $1,846 will lure bulls on the road to recovery. Additional declines will challenge the bullish 100 DMA at $1,795. The last line of defense for Gold buyers is seen at the falling trendline support, now at $1,789.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Gold Price Forecast: Strong US Dollar signals XAU/USD fall towards sub-$1,800 zoneGold price (XAU/USD) stays depressed at the lowest levels in two-months after declining in the last five consecutive days, as well as printing four-we
Baca lebih lajut »
Gold Price Forecast: XAU/USD drops towards $1,793 support confluence as US Dollar follows firmer yieldsGold price (XAU/USD) takes offers to refresh two-month low around $1,808 during early Monday. In doing so, the bright metal seems to justify the lates
Baca lebih lajut »
Gold Price Forecast: XAU/USD eyes $1,794 support within a potential falling wedgeGold price is sitting at the lowest level in two months. XAU/USD is primed to test $1,794 amid a Bear Cross, FXStreet’s Dhwani Mehta reports. Daily cl
Baca lebih lajut »
Gold Price Forecast: Strong US data weighs down XAU/USDGold price has opened the week quietly, treading waters above the round $1,800 figure, which is providing immediate support. The bright metal lost val
Baca lebih lajut »
Gold Price Forecast: XAU/USD bulls wait patiently for a buy low opportunityThe Gold price is breaking the structure to the upside which could be paving the way for a buy-low opportunity for patient bulls for the sessions ahea
Baca lebih lajut »
Gold Price Forecast: XAU/USD pokes $1,820 hurdle as United States Treasury bond yields retreatGold price (XAU/USD) struggles to defend the week-start rebound around $1,817, flirting with a short-term technical resistance, as the metal traders a
Baca lebih lajut »