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Tag: XAU/USD

Gold Technical: A potential short-term downtrend in play – MarketPulse

Gold (XAU/USD) has dropped by -5.6% from its recent 52-week high of US$2,067. Factors that caused the recent drop could be the bounce seen...

4 alarming charts for Bitcoin bulls as $27K becomes formidable hurdle

Bitcoin (BTC) has rallied nearly 60% to around $27,000 in 2023 amid anticipations that the Federal Reserve would pause its quantitative tightening amid the U.S. banking...

Gold Technical: Bounced higher from key short-term support

Gold (XAU/USD) is holding above 2,000 key support ahead of US CPI. Short-term uptrend phase from the 19 April 2023 low remains intact. Next intermediate...

Gold has not lost its glitter

Conflicting macro news flow has capped gold in a short-term range-bound movement. 1-year rolling uptrend of gold versus most major fiat currencies remains intact. Lower...

Oil decline continues, gold in choppy waters

Was OPEC+ correct to cut production as the price tumbles once more? Oil prices are slipping further at the end of the week and...

Oil price correction continues, gold bounces back

Is oil looking to close the gap? We’re continuing to see a correction in oil prices following a more than 2% decline on Wednesday....

Bitcoin eyes $21.4K zone as analyst predicts BTC price will chase gold

Bitcoin (BTC) rose toward new multi-month highs on Jan. 20 as analysis predicted a new trading range above $18,000.As Cointelegraph reported, expectations previously called...

Oil steadies, gold plunge, bitcoin under pressure

OPEC+ threats lending support It’s been another volatile week...

Gold – Is the recovery over?

OANDA Senior Market Analyst Craig Erlam discusses whether...

Oil higher, gold slips, bitcoin vulnerable

Oil rallies as OPEC+ fall further short of...

Gold – Gathering momentum?

Or a failed recovery? Gold fell heavily between the...

Gold – Will it soon test record highs again?

Is there still great demand for safe havens and inflation hedges? After a period of consolidation, gold prices have been rising again in recent days, hitting a 10-day high in the process. This comes even as central banks signal an aggressive tightening cycle this year to combat soaring inflation and risk appetite remains healthy as […]

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