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Gold price extends downside as US Dollar, yields recover ahead of Powell speech
Gold price drops to a near two-week low as investors channel funds into the US Dollar and bond yields rise. Geopolitical tensions stay...
Candlestick & Company
Nov 7, 20231 min read
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Gold price falls gradually on risk-on mood, yields revival, neutral Fed bets
Gold price pares some gains as US long-term bond yields rebound. The precious metal fails to hold gains inspired by soft US Nonfarm...
Candlestick & Company
Nov 6, 20231 min read
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Gold prices break $2,000 amid geopolitical tensions & FOMC anticipation.The next movement of Gold...
Gold prices have surpassed the $2,000 mark, driven by increased demand for safe-haven assets amid escalating geopolitical tensions in the...
Candlestick & Company
Oct 30, 20231 min read
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Gold price recaptures monthly high after Gaza hospital explosion
Gold price aims to extend upside as Israel-Palestine conflict deepens. The US Dollar consolidates, shrugging off robust US Retail Sales...
Candlestick & Company
Oct 18, 20231 min read
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Gold price aims for more upside ahead of US Retail Sales data
Gold price gathers strength for more upside ahead of US consumer spending data Fed policymakers see interest rates as sufficiently...
Candlestick & Company
Oct 17, 20231 min read
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USD Index Price Analysis: Initial contention appears around 105.50
DXY comes under some downside pressure following Friday’s tops. So far, the mid-105.00s emerges as a decent support zone. DXY sees its...
Candlestick & Company
Oct 16, 20231 min read
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Gold price clings to gains near two-week high, looks to US CPI for fresh impetus
Gold price builds on its recent recovery from a multi-month low and climbs to a two-week high. Geopolitical tensions, sliding bond yields...
Candlestick & Company
Oct 12, 20231 min read
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Gold price edges higher on Fed officials' dovish remarks; eyes US PPI and FOMC minutes
Gold price trades with modest intraday gains during the early European session on Wednesday. Reduced bets for more interest rate hikes by...
Candlestick & Company
Oct 11, 20231 min read
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US: Retail sales expands surprisingly at a stronger pace of 0.6% vs. expectations of 0.2%
In August, consumer spending grew at a healthy pace of 0.7%. Initial Jobless Claims remained higher than prior week figures after...
Candlestick & Company
Sep 14, 20231 min read
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Gold prices dip as dollar, Treasuries firm before CPI data
Gold price drifts lower for the second straight day and struggles near the monthly low. The emergence of some US Dollar buying drives...
Candlestick & Company
Sep 13, 20231 min read
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Oil peaks higher as OPEC, Saudi Arabia cut further
Oil (WTI) pops higher and flirts with a break of $90 The US Dollar storms out the gates stronger on Tuesday after a lacklustre...
Candlestick & Company
Sep 12, 20231 min read
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XAU/USD Forecast: Gold price looks for direction as focus shifts to inflation data
Gold price remains sideways as the market awaits US inflation data for further action. The US Dollar corrects marginally, while the...
Candlestick & Company
Sep 11, 20231 min read
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Gold price sets for breakdown as US economy turns out resilient
Gold price stabilizes near a six-day low as the appeal for the US Dollar strengthens. The US economy remains resilient while other...
Candlestick & Company
Sep 7, 20231 min read
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Gold Price Forecast: XAU/USD finds dual support at $1,930 and $1,915, US data eyed – Confluence Dete
Gold Price stays pressured for the fourth consecutive day despite lacking downside momentum. Upbeat headlines from China, Country Garden...
Candlestick & Company
Sep 5, 20231 min read
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Gold price sustains recovery amid slower inflation growth
CLICK HERE FOR FREE FX & GOLD SIGNALS - US inflation grew slower than forecasted in July as lower second-hand automobile prices offset...
Candlestick & Company
Aug 11, 20231 min read
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Gold Price Forecast: XAU/USD edges lower past $1,955 hurdle on firmer US Dollar – Confluence Detecto
Gold Price stays bearish for the second consecutive day amid sour sentiment, upbeat US Dollar. US Dollar ignores mixed Fed talks while...
Candlestick & Company
Aug 8, 20231 min read
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Gold price meets fragile resistance amid caution ahead of Fed policy
Gold price runs north swiftly as investors seem clear that a small interest-rate hike from the Fed cannot be ruled out. The US Dollar...
Candlestick & Company
Jul 26, 20231 min read
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Dollar edges lower ahead of Fed meeting; yuan gains on support promises
CLICK HERE FOR FREE FX & GOLD SIGNALS The U.S. dollar edged lower Tuesday, amid caution ahead of the start of the two-day Federal Reserve...
Candlestick & Company
Jul 25, 20231 min read
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Gold retreats as Fed week kicks off, copper reels from China woes
CLICK HERE FOR FREE GOLD & FOREX SIGNALS Gold prices fell slightly on Monday as anticipation of a key Federal Reserve meeting kept...
Candlestick & Company
Jul 24, 20231 min read
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US Dollar range-bound ahead of this week's key US GDP data
US Dollar struggles to gather strength but losses remain limited for now. Key macroeconomic data releases from the United States this...
Candlestick & Company
Apr 24, 20231 min read
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