Gold price is looking to defend the key support yet again amid listless trading. Treasury yields, US dollar heal post-soft US CPI-led wounds ahead of Fed minutes. XAU/USD battle lines are well-defined near the $1,800 mark, where next? Gold price is moving back and forth in a familiar range while trading close to the $1,800… Read More »
Gold price fails to capitalize on broad US dollar weakness and sluggish Treasury yields. US CPI data shows the first sign of peak inflation but not enough to dissuade hawkish Fed. XAU/USD bears could extend control below the key $1,784 support. Gold price is keeping the corrective momentum intact, as it remains below the $1,800… Read More »
Gold price is easing from near monthly highs ahead of US inflation. US CPI will shape the Fed rate hike policy and market sentiment. XAU/USD sees healthy barriers on both sides amid a sense of caution. Gold price is snapping its two-day uptrend to monthly highs of $1,800, as investors resort to repositioning ahead of… Read More »
Gold price nurses losses after impressive US NFP-inspired sell-off. US dollar eases in tandem with the Treasury yields amid a better mood. XAU/USD looks south towards $1,750, as 75 bps Sept Fed rate hike bets rise. Gold price is licking its wound below the $1,800 mark, awaiting a fresh catalyst for the next leg lower.… Read More »
