Gold (XAU/USD) Rally Gathers Pace but 200-Day MA Could Cap Gains
Spot Gold rallies back above the $1900/oz handle but the 200-day MA lies in wait. Do the Bulls have enough momentum for a break higher?
Source: dailyfx.com
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Gold (XAU/USD) Flirts with $1900 Support as Fed Minutes Loom
Spot Gold briefly traded below the $1900 support level with a daily close below the 200-day MA for the first time since December 2022. A sign of further weakness ahead?
Source: dailyfx.com
Gold (XAU/USD) Remains Subdued as the DXY Continues to Advance
Spot Gold is consolidating in a tight range ahead of US CPI. The Precious Metal seems in dire need of a catalyst at this stage as price action remains choppy.
Source: dailyfx.com
Gold Bulls Face a Challenge as the Dollar Index (DXY) Holds High Ground
Spot Gold is consolidating once more as the DXY continues to rise. Will the FOMC meeting provide bulls with renewed impetus, or will we see a return toward the $1900 handle?
Source: dailyfx.com
Gold Price Forecast: $1980 Beckons but Are Bulls Ready to Take Control?
Spot Gold is enjoying a bounce this morning but faces stern resistance at last week's highs around the $1963 mark. Can US Retail Sales and US Earnings keep the precious metal supported?
Source: dailyfx.com