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Gold: Consolidation Triangle Suggests Rally Could Continue

Gold: Consolidation Triangle Suggests Rally Could Continue
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

United States , Hong Kong , Bloomberg Macrobond , Steno Research , Republic First Bancorp , Shanghai Gold Exchange , Chart Analysis , Federal Reserve , Third World War , Bollinger Band ,

Stockz11: A Breakthrough Virtual Learning Platform for Aspiring Stock Market Investors

Stockz11: A Breakthrough Virtual Learning Platform for Aspiring Stock Market Investors
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.

Nitin Pokharna , Narendra Firodia , Stock Ratios , Chart Analysis , Stock Market Quizzes ,

XAUUSD: Consolidated with Bearish Outlook Below 2040

Gold prices experienced a brief uptick due to escalating geopolitical tensions. Recent conflicts, such as the drone attack on US bases near Jordan, have increased demand for gold as a haven asset. Additionally, economic factors like the moderate increase in US Core Personal Consumption Expenditures (PCE) data have influenced inflation expectations, further supporting gold's position. This week, gold market volatility could escalate with the Federal Reserve's interest rate decision, expected to remain steady in the 5.25-5.50% range. However, investors will watch for any new guidance on interest rates, which could influence gold's future direction. Additionally, the ISM Manufacturing PMI and Nonfarm Payrolls (NFP) report for December could also play a significant role in determining gold's short-term trajectory. ....

Federal Reserve , Bullish Scenario , Personal Consumption Expenditures , Nonfarm Payrolls , Chart Analysis , Volume Profile , Easy Order ,