Volatility Eases Off News Today

Gold Price Forecast: Bull Flag Breakout in Progress - Levels for XAU/USD Advertisement Gold Price Outlook: Gold prices have held above multi-month bull flag resistance, increasing confidence that a march back to all-time highs has begun. Weakness in US Treasury yields and the US Dollar (via the DXY Index) are helping give gold prices a fundamental boost on Monday. According to the IG Client Sentiment Index, gold prices have a mixed bias in the near-term. Holding onto Gains Gold prices have cont...

Gold Price Forecast: Progressing Towards Multi-Month Resistance - Levels for XAU/USD Advertisement Gold Price Outlook: Despite inflation fears rearing their head with rippling effects across global financial markets, gold prices have enjoyed a strong run since early-April, and have weathered ‘the storm’ around US inflation data this week. Seasonality, May has been one of the worst, if not the worst, months of the year for gold prices, which may prove to be a headwind in an environment that ...