At the beginning of the Asian session on August 1, spot gold fluctuated in a narrow range and is currently trading around $2,436/ounce. Gold prices rose by nearly $40 on Wednesday. The interest rate remained unchanged in yesterday's Federal Reserve meeting, which was in line with market expectations. Powell's speech later gave news of a possible interest rate cut...
Welcome Esteemed Investors, I n the ever-evolving landscape of the financial markets, understanding the dynamics of precious metals like Gold (XAU) is crucial for informed decision-making. Today, I bring you insights into the XAUUSD market, aiming to contribute to your comprehensive research endeavors. T he recent movements in the Gold market have been...
Hello There! Welcome to my new analysis about GOLD on the daily timeframe perspectives. As I already mentioned within posts I uploaded within the recent times GOLD has a more bullish edge and potentials for new highs on the middle to long term perspective. Especially, because the demand and open interest by institutionals is increasing massively and some are...