Gold Price Forecast: XAU/USD buyers turn cautious ahead of US …

11 hours ago · Gold price meets sellers again above $2,675 heading into the US CPI release. Softer US PPI data add to the US Dollar and Treasury bond yields correction. Gold price stays …

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Gold Price Forecast: XAU/USD Buyers Turn Cautious Ahead Of US …

2 weeks from now

11 hours ago · Gold price meets sellers again above $2,675 heading into the US CPI release. Softer US PPI data add to the US Dollar and Treasury bond yields correction. Gold price stays …

fxstreet.com

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Gold Forecast: XAU/USD Keeps Sight On $2,277 And High-impact …

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Jun 12, 2024 · Gold Price Forecast: XAU/USD keeps sight on $2,277 and high-impact US CPI, Fed Premium ANALYSIS | 06/12/2024 02:55:39 GMT Gold price holds above $2,300 early …

fxstreet.com

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Gold (XAU) Daily Forecast: Market Jitters Keep Gold Near $2,642; …

2 weeks from now

Oct 8, 2024 · Gold prices are likely to remain range-bound between $2,626 and $2,659 as traders await upcoming U.S. economic data. A break above $2,645 may signal further upside …

fxempire.com

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Gold (XAU) Silver (XAG) Daily Forecast: Will CPI Data Spark A …

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8 hours ago · Gold Prices Forecast: Technical Analysis Gold – Chart Gold prices (XAU/USD) are trading at $2,674.58, down 0.11%, as the market consolidates after recent volatility.

fxempire.com

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Gold Prices Forecast: XAU/USD Tensions Ahead Of US Consumer

2 weeks from now

Sep 13, 2023 · As the U.S. dollar index inches up by 0.2%, the market is fraught with anticipation for the U.S. Consumer Price Index (CPI) data. Some traders have opted for a tactical …

nasdaq.com

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Gold Forecast: XAU/USD Drops As US Dollar Rally Gathers Pace

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Nov 11, 2024 · This technical shift suggests a bearish turn in the short-term XAUUSD forecast, with broken support levels at $2,750 and $2,708 now acting as resistance. Key levels to watch …

forex.com

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Gold Edges Up On Soft Inflation Print, US CPI In Focus

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1 day ago · U.S. PPI rose 3.3% on an annual basis in December U.S. CPI data due on Wednesday Gold to be in demand as a diversifier, UBS says Jan 14 (Reuters) - Gold prices …

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Gold Prices Forecast: Will XAU/USD Rebound Or Slide Amid

2 weeks from now

Feb 11, 2024 · The upcoming U.S. CPI report, due on Tuesday, is the focal point for next week’s gold trade. The market anticipates a 0.2% increase in January’s CPI, mirroring December’s …

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FAQs about Gold Price Forecast: XAU/USD buyers turn cautious ahead of US … Coupon?

Why is xauusd a good buy?

XAUUSD buyers gather strength before the next push higher. Gold price is posting small gains above the $1,700 mark, as bulls turn cautious ahead of the critical Consumer Price Index (CPI) from the United States. The US inflation data is of utmost significance in determining the US Federal Reserve’s rate hike outlook. ...

How will xau/USD affect gold's price trend in the short term?

The market is poised to react swiftly to these indicators, shaping gold’s price trend in the short term. Gold (XAU/USD) is nudging higher on Tuesday, with uncertainty ahead of the CPI data likely driving light short-covering. Nonetheless, the market remains capped by the 50-day moving average at $2032.45. ...

Is gold (xau/USD) capped by a 50-day moving average?

Gold (XAU/USD) is nudging higher on Tuesday, with uncertainty ahead of the CPI data likely driving light short-covering. Nonetheless, the market remains capped by the 50-day moving average at $2032.45. This intermediate trend indicator is the key pivot today. ...

Could CPI data be a game-changer for gold prices?

Looming CPI data could be a game-changer for both the Fed’s interest rate decisions and gold prices. Gold (XAU/USD) prices surged to a two-week high early Thursday, riding the tailwinds of a softer U.S. dollar and diminishing Treasury yields. ...

Is xau/USD short-covering or position-squaring ahead of the Inflation Report?

However, it’s more likely short-covering or position-squaring ahead of the inflation report that carries a lot of uncertainty due to its potential impact on the Fed. At 08:30 GMT, XAU/USD is trading $2025.59, up $5.585 or +0.28%. The primary focus of investors is the forthcoming U.S. Consumer Price Index (CPI) report. ...

Why is the gold price consolidating a two-day upswing?

Gold price is consolidating the two-day upswing while defending the $2,300 level early Wednesday. Gold traders prefer to move on the sidelines amid a typical market caution ahead of the all-important US Federal Reserve (Fed) interest rate decision and the US inflation data release. ...