Gold Price Forecast: XAU/USD remains stuck between two key …

Dec 24, 2024 · Gold price remains a ‘sell-on-bounce’ trade amid bearish daily RSI, stuck between two key SMAs. Gold price is attempting another run higher while defending the $2,600 …

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Gold Price Forecast: XAU/USD Remains Stuck Between Two Key …

2 weeks from now

Dec 24, 2024 · Gold price remains a ‘sell-on-bounce’ trade amid bearish daily RSI, stuck between two key SMAs. Gold price is attempting another run higher while defending the $2,600 …

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Gold Price Forecast: XAU/USD Appears Stuck Between Key

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Nov 8, 2024 · At the moment, Gold price remains stuck between the confluence resistance of the 21-day SMA and the 38.2% Fibo level at $2,718 while holding well above the aforesaid strong …

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Gold Forecast: XAU/USD Remains Confined In A Range, What's Next?

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Jun 14, 2024 · Gold price remains stuck between $2,350 and $2,277 but sellers stay hopeful amid bearish RSI. Gold price is trading on thin ice near the $2,300 level in Asian trades on Friday, …

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Gold Forecast: XAU/USD Rises To Key Level Ahead Of Big Macro Events

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Dec 9, 2024 · Gold prices are stuck in a two-week range despite today’s 1.3% rise so far in the trading session. November marked a turning point with gold retreating from its October highs, …

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

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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 …

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Gold (XAU) Price Forecast: Softer Retail Sales May Signal Further ...

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2 hours ago · Daily Gold (XAU/USD) The short-term outlook for gold remains bullish as traders eye the December 12 high of $2,726.30. A break above this level could fuel a rally toward the …

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Gold (XAU) Price Forecast: Tight Range Signals Breakout - FX Empire

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Gold prices hover near $2501 pivot, awaiting U.S. CPI data to break out of a tight range between $2470 and $2531. CPI data may trigger a move in gold prices, with traders eyeing a Fed rate …

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Gold (XAU) Price Forecast: Will Fed Rate Cuts Spark A Strong …

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Nov 7, 2024 · Support remains around the moving average, with additional support near $2,604.39 if prices turn lower. Daily Gold (XAU/USD) At 12:18 GMT, XAU/USD is trading …

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Gold News: XAU Holds Steady As Dollar Slips, 50-Day Moving …

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Jan 7, 2025 · Key Points: Gold prices rise as the dollar weakens, but resistance at $2653.94 holds firm, limiting further upside potential. A break above the 50-day moving average could push …

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Gold Price Forecast: XAU/USD Finds Buyers On Dips, Aims To

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20 hours ago · Gold Price Forecast: XAU/USD finds buyers on dips, aims to conquer the $2,700 mark Premium ANALYSIS | 01/15/2025 17:39:14 GMT XAU/USD Current price: $2,692.42

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Gold (XAU) Silver (XAG) Daily Forecast: CPI Data And Bond Yields …

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5 hours ago · Gold prices are hovering around 2694.63, reflecting a slight 0.06% dip for the day. The metal remains below the key pivot point at 2697.33, signaling a cautious bearish sentiment.

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FAQs about Gold Price Forecast: XAU/USD remains stuck between two key … Coupon?

Will a downturn affect gold xau/USD in 2024?

Don't miss our 2024 XAU/USD forecast! In the XAU/USD Price Forecast 2024, our analyst, Eren Sengezer, notes that Gold carries its bullish potential into early 2024 on prospects of a looser Fed policy, lower US bond yields and a weaker USD. A downturn in the global economy, however, could weigh on demand and limit the precious metal’s gains. ...

Is gold (xauusd) moving in an uptrend?

On the daily timeframe, gold (XAUUSD) is moving in an uptrend, despite the current bearish correction, which is likely to be coming to an end. The quotes remain above the 120-day moving average, which acts as a dynamic support. ...

What's happening with gold (xau/USD)?

At 07:31 GMT, Gold (XAU/USD) is trading $2049.535, down $5.230 or -0.25%. The dollar index reached a 10-day peak, dampening gold’s appeal to holders of other currencies. Concurrently, yields on U.S. 10-year Treasury notes surged past 4%. ...

Why is the gold forecast a 'wait-and-see' approach?

November marked a turning point with gold retreating from its October highs, ending a nine-month winning streak. This has left many investors adopting a “wait-and-see” approach. With the US Consumer Price Index (CPI) report and the Federal Reserve’s final meeting of the year looming, the gold forecast hinges on these pivotal events. ...

Is xauusd a safe asset?

Geopolitical tensions, including events in the Middle East, made gold a safe asset for investors. From a technical perspective, XAUUSD continues to climb in a long-term uptrend. Price remains above the moving averages and technical indicators such as MACD are pointing to a continuation of the bullish movement despite some bearish corrections. ...

What will affect the gold forecast in the week ahead?

The week ahead, however, brings high-stakes events like interest rate decisions from major central banks and key US inflation data, all set to influence the gold forecast. Precious metals gained ground throughout the European session on Monday and were still holding into the positive heading deeper into the US session. ...