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XAUUSD Forecast
XAUUSD
, 1D
Long
XAUUSD: XAUUSD Forecast
Updated 

⚡️Gold prices (XAU/USD) surge, trading at $1,929.20, reflecting a gain of over 3% amidst the escalating Israel-Palestine conflict. Shift from aerial to ground operations in Gaza by Israel intensifies geopolitical tensions, bolstering safe-haven assets. ⚡️Deteriorating US Consumer Sentiment and dovish remarks from Philadelphia Fed President Patrick Harker apply...

GBPUSD
GBPUSD
, 240
Long
GBPUSD: GBPUSD
Updated 

GBP/USD recovers from the recent losses ahead of UK CPI. The monthly inflation could fuel speculation for another interest rate hike by BoE. US Dollar encounters difficulties amid dovish remarks from several Federal Reserve members. GBP/USD retraces the recent gains registered in the previous session, trading lower around 1.2200 during the Asian session on...

XAUUSD
XAUUSD
, 1D
Long
XAUUSD: XAUUSD
Updated 

US Treasury yields continue to rise and weigh on the precious metal. Geopolitical tensions in the Middle East may limit the downside potential. At the beginning of the week, the XAU/USD retreated towards $1,920 and consolidated Friday’s rally, which saw the spot price rising by more than 3%. Markets will remain quiet on Monday, and investors await Tuesday’s...

EURUSD
EURUSD
, 1D
EURUSD: EURUSD
Updated 

The Euro comes under pressure following weekly tops vs. the US Dollar. Stocks in Europe trade mostly on the defensive on Tuesday. EUR/USD runs out of steam near 1.0580. The USD Index (DXY) maintains the constructive tone near 106.40. Germany, Eurozone Economic Sentiment surprised to the upside. US Retail Sales came in above expectations in September. The Euro...

XAUUSD today.
XAUUSD
, 240
Short
XAUUSD: XAUUSD today.
Updated 

Gold price (XAU/USD) extends upside ahead of US President Joe Biden’s visit to Israel amid deepening Middle-East tensions and the speech from Federal Reserve (Fed) Chair Jerome Powell, which is expected to provide significant guidance on interest rates. Investors hope that Powell will favor a neutral monetary policy and join other Fed officials who recently said...

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