CFDs on Gold (US$ / OZ) forum
XAUUSD 2700 coming this week keep selling
GOLD Gold bearish
XAUUSD We'll Break 2792 today, be ready ?
Gold Analysis
Fundamental Overview:
The gold price (XAU/USD) starts the new week with a correction and is trading around the $2,750 level, down 0.65% for the day. The decline in gold prices is driven by a modest recovery in the US Dollar (USD) from over a one-month low. Renewed trade war fears, sparked by President Donald Trump’s decision to impose tariffs on all imports from Colombia, are increasing demand for safe-haven assets.
Expectations that the Federal Reserve (Fed) will cut interest rates twice by the end of the year, along with the decline in US Treasury bond yields, limit any significant upward movement in the USD. These factors should help contain deeper losses for gold.
Technical Analysis:
Resistances:
1. $2,773
2. $2,790
3. $2,800
Supports:
1. $2,748
2. $2,733
3. $2,717
Conclusion:
The gold price is currently trading around the $2,750 level. A break below the $2,748 support could lead to further declines toward $2,733 and $2,717. On the other hand, a break above the $2,773 resistance could pave the way back to the all-time high of $2,790 and potentially $2,800. Investors will continue to monitor developments surrounding trade tariffs and expected Fed actions.
GOLD XAUUSD
Fundamental Overview:
The gold price (XAU/USD) starts the new week with a correction and is trading around the $2,750 level, down 0.65% for the day. The decline in gold prices is driven by a modest recovery in the US Dollar (USD) from over a one-month low. Renewed trade war fears, sparked by President Donald Trump’s decision to impose tariffs on all imports from Colombia, are increasing demand for safe-haven assets.
Expectations that the Federal Reserve (Fed) will cut interest rates twice by the end of the year, along with the decline in US Treasury bond yields, limit any significant upward movement in the USD. These factors should help contain deeper losses for gold.
Technical Analysis:
Resistances:
1. $2,773
2. $2,790
3. $2,800
Supports:
1. $2,748
2. $2,733
3. $2,717
Conclusion:
The gold price is currently trading around the $2,750 level. A break below the $2,748 support could lead to further declines toward $2,733 and $2,717. On the other hand, a break above the $2,773 resistance could pave the way back to the all-time high of $2,790 and potentially $2,800. Investors will continue to monitor developments surrounding trade tariffs and expected Fed actions.
GOLD XAUUSD
GOLD Gold sell now. Will test 2740
GOLD Congratulations Guys Tp1 hit 30pips wow boom 💥
XAUUSD 2800 target full margin let’s go 🚀🚀
XAUUSD As per my previous post, see why I said not to rush into sells?
GOLD Easily Gain 90 Pips In Just Few Minutes