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Tag: gold price

Gold Price Retains Momentum Near $2,200 Ahead of US GDP

The gold price bias is bullish, despite the last retreat. The US data should bring high action today. The upper median line (uml) is seen as...

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Gold slumps and braces around $2,150.00 as US inflation reaccelerates

Gold retreats from the $2,180 mark, reacting to hot US inflation data and Fed's cautious stance on policy easing. Rise in US Treasury yields post-PPI...

Gold Price Shows Overbought Signs Ahead of US CPI

XAU/USD escaped from an up channel, signaling an overbought situation. Taking out the pivot point activates more declines. The US inflation figures should shake the markets....

Gold’s Sudden Record High, and Possibly Higher? – Orbex Forex Trading Blog

The price of gold has rocketed higher all this month, marking a significant trend in gold price activity. That’s great news for gold bulls,...

Gold Price Soars as Dollar Weakens, Eyes on US Data

The gold price is bullish as long as it stays above the upper median line (uml). Taking out the immediate resistance levels activates further growth. The...

Gold Price Turns Bearish Ahead of US GDP, Support at $2,025

A new lower low activates a deeper drop. The US data could bring some action. Escaping from the up channel signaled a new leg down. The...

Gold price shows strong rally, poised for weekly gain as US bond yields decline

Gold Price Shows Strong Rally, Poised for Weekly Gain as US Bond Yields Decline In recent weeks, the price of gold has experienced a significant...

UK Recession Sparks Gold Sales Boom at The Royal Mint

In the latter half of 2023, the UK’s economic landscape faced significant challenges, entering a recession that set a complex stage for Prime Minister...

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