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Gold Prices Struggle Even as Markets Convulse Amid Omicron Fears

Gold Prices Struggle Even as Markets Convulse Amid Omicron Fears

Gold prices seesawed on Omicron variant news as real rates rose. Testimony from Fed Chair Powell now in focus, may offer support. Technically, prices are testing the mettle of a three-month uptrend

2021-11-29
Gold Forecast - Gold Looks to Defend Key 1800 Level as PCE Inflation Data Nears

Gold Forecast - Gold Looks to Defend Key 1800 Level as PCE Inflation Data Nears

Gold plunges after Biden renominates Powell to Fed Chair. XAU traders eye US inflation data due out this Wednesday. 1800 level key to direction, will bears break below the level?

2021-11-23
Gold Prices Rise Post CPI, But US Dollar Strength Outshines. Will XAU/USD Go Higher?

Gold Prices Rise Post CPI, But US Dollar Strength Outshines. Will XAU/USD Go Higher?

Gold broke higher after eye popping US inflation last week before pausing. Treasury yields continued higher and USD buying eventually dominated gold. Inflation focus has faded but Fed action lingers. Where to for XAU/USD?

2021-11-17
Gold Eyes Key Resistance With Fed Bets in Focus as CPI Nears

Gold Eyes Key Resistance With Fed Bets in Focus as CPI Nears

GOLD, XAU/USD, TREASURY YIELDS, FED RATE HIKE BETS, CPI – TALKING POINTS

2021-11-09
Gold Price Outlook: Gold Grasps for Support Ahead of ECB, FOMC

Gold Price Outlook: Gold Grasps for Support Ahead of ECB, FOMC

Gold prices have pulled back to a Fibonacci support level and continue to catch bids above the 1500 marker as traders await ECB and FOMC rate decisions.

2019-09-09
Gold Prices Pull Back as US-China Trade War Softens: Support in Sight

Gold Prices Pull Back as US-China Trade War Softens: Support in Sight

Gold prices are pulling back after a bit of softening in the US-China trade war. But can that pullback turn into anything more, or will this be just another revisit to support?

2019-08-29
Gold Prices Stabilize Ahead of Jackson Hole, Will XAU Bulls Show Up?

Gold Prices Stabilize Ahead of Jackson Hole, Will XAU Bulls Show Up?

Gold prices have stabilized after a volatile showing last week. Gold price action has clung to a bullish trendline ahead of a couple of really big drivers.

2019-08-21
Gold Prices Bounce from 1400 - Might a Larger Pullback be Afoot?

Gold Prices Bounce from 1400 - Might a Larger Pullback be Afoot?

Gold prices pushed down to 1400 around FOMC yesterday. But bulls soon returned to perk prices right back up. But, is this a corrective move ahead of lower-lows?

2019-08-01
Gold Price Technical Outlook: XAUUSD Grasps at Support Ahead of FOMC

Gold Price Technical Outlook: XAUUSD Grasps at Support Ahead of FOMC

Gold prices grasp at support ahead of the Fed's widely-expected rate cut. More important for Gold is likely what the Fed says about the rest of 2019.

2019-07-29
Gold Price Gains Kept Afloat by Robust ETF Holdings and Demand

Gold Price Gains Kept Afloat by Robust ETF Holdings and Demand

Gold price gains have stalled over the last two weeks, but continuous demand for gold exposure in the ETF market could look to assist the trend higher.

2019-07-26
Gold Prices Break, Pull Back on ECB; Will Bulls Drive Ahead of FOMC?

Gold Prices Break, Pull Back on ECB; Will Bulls Drive Ahead of FOMC?

Gold prices put in a quick breakout around this morning's ECB rate decision, but quickly returned back to trend-line support. Can bulls continue to push ahead of FOMC?

2019-07-25
Gold Price Pulls Back, XAU Bulls Show at Higher-Low Support

Gold Price Pulls Back, XAU Bulls Show at Higher-Low Support

Gold prices exploded last week with a gust of USD-weakness pricing-in, but GLD price action has since pulled back to find support at prior resistance.

2019-07-22
Gold Price Volatility Climbs as XAUUSD Rallies on Dovish Fed

Gold Price Volatility Climbs as XAUUSD Rallies on Dovish Fed

Spot gold prices rise alongside gold volatility as markets react to the latest dovish commentary from Fed Chair Powell - a trend that could continue headed into the July FOMC meeting.

2019-07-10
Gold Prices Snap Back After Failed Breakout Attempt - Levels to Know

Gold Prices Snap Back After Failed Breakout Attempt - Levels to Know

Gold prices put in another run at six-year-highs earlier. Bulls were soon rebuffed, and prices have again pulled back.

2019-07-03
Gold Price Outlook: XAUUSD Pulls Back After a Big Month

Gold Price Outlook: XAUUSD Pulls Back After a Big Month

Gold prices had a big month of June, gaining almost 13% from the May 30 low. But will the second half of 2019 be as friendly to gold bulls?

2019-07-01
Gold Price Explodes to Fresh Yearly Highs - Levels to Know

Gold Price Explodes to Fresh Yearly Highs - Levels to Know

Gold prices have caught a significant ramp over the past two weeks and are now testing long-term resistance. But will the FOMC be as dovish as Gold bulls hope for?

2019-06-14
Gold Price Outlook: Gold Breaks Out, Goes Overbought - Levels to Know

Gold Price Outlook: Gold Breaks Out, Goes Overbought - Levels to Know

Gold prices are starting June by continuing Friday's bullish breakout. With RSI going overbought and beginning to diverge, can bulls continue to push?

2019-06-03
Gold Price Retreats From Resistance, Can Gold Bulls Take Control?

Gold Price Retreats From Resistance, Can Gold Bulls Take Control?

It's already been a busy week in Gold prices as a quick bullish move ran into trend-line resistance, helping to set a fresh three-week-high.

2019-05-08
Gold Price Outlook: Gold Prices Break Down to Fresh 2019 Lows

Gold Price Outlook: Gold Prices Break Down to Fresh 2019 Lows

Gold prices are breaking-out to fresh 2019 lows, continuing last weeks bearish push as prices test below 1270 for the first time this year.

2019-04-23
Gold Price Technical Outlook: GLD Drops Toward Key 2019 Support

Gold Price Technical Outlook: GLD Drops Toward Key 2019 Support

Gold Prices Remain in digestion to go along with a number of other macro markets. But a breakout may be soon brewing as price action continues to narrow.

2019-04-12
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