Gold Technical Forecast: As observed on the daily chart, with the 14-day Relative Strength Index (RSI) defending the midline, gold price has managed to hold above the one-month-old rising trendline support, now at $1,918.
Spot Gold
At Gold Silver Reports, we provide real-time updates on Spot Gold (XAUUSD) with live prices, expert analysis, and daily trading insights. Stay ahead with accurate forecasts, support & resistance levels, and global gold market trends to guide your trading strategies.
Gold will Remain Stable Between $1935 —$1874 Amid FOMC Meeting
Gold Forecast for Today: Spot Gold will remain stable between $1935—$1874. We expect prices to remain volatile amid the FOMC meeting today and after the rate hike, gold is expected to trade lower initially and bounce back. 50700 is an immediate support for intraday while resistance lies at 52300.
Gold Price Forecast: Sell Gold as Long as Gold is Below $2,000
Gold Price Forecast: Gold price is looking to extend Friday’s downbeat momentum, starting off a big week on the wrong footing. The strength in the US dollar alongside the Treasury yields on expectations that the US Fed will hike the key rates by 25 basis points this week weigh negatively on the non-interest-bearing gold.
Geopolitical Risks, Amid Inflation, Is Gold Prices Ready For An Up Side Rally?
Gold prices is considered a hedge against inflation. Negative real interest rates can buoy demand for it. The yellow metal is also seen as a safe haven in times of geopolitical stress. And central banks see the benefits of it when fiat currencies in their reserves are volatile.
Gold Price Analysis: Below 1908 Gold Target $1890——$1840 Very Very Soon
Gold Price Analysis: Gold price (Yellow Metal) is consolidating slightly beneath its latest high of 1,952 after renewed positive traction from its recent 1,890 trough. The soaring simple moving averages (SMAs) are safeguarding the one-month bullish picture in the precious metal.
Gold Prices Ready For $2,000 in Coming Sessions [25-02-2022]
Gold prices witnessed extreme volatility on Thursday, turning out to be one of the best days for traders, in the face of the fateful event of the Russian incursion of Ukraine.
Gold Price Explodes towards $1,950 as Russia kicks off invasion of Ukraine [24-02-2022]
Gold price (Yellow Metal) is through the roof, extending its upside break towards $1,950, as risk-aversion remains at full steam after Russia invades Ukraine and President Vladimir Putin announces a special military operation in Donbas. Flight to safety remains the main theme.