Gold price is kissing its near weekly lows of $1,809.35, the Fed decision while waiting for the US advance Q4 GDP and Durable goods data. The US economy is likely to have regained steam in Q4, 2021, as the growth is seen at the best level in 37 years, arriving at 5.4% YoY.
Spot Gold
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Gold Ready to Move Target price $1877 By Neal Bhai [26-01-2022]
Gold Forecast For Today: The Gold prices (yellow metal) is facing static resistance at $1,855. A dovish Fed should lift Gold above that level and open the door for an extendedrally toward $1,877, where the October-December uptrend ended.
Gold Prices Set for Second Weekly Advance as Inflation, Yields in Focus
Gold prices headed for a second straight weekly gain as investors sought an inflation hedge amid a retreat in U.S. bond yields and equities.
Gold Prices Near Highest Since November as Traders Seek Inflation Hedge
Gold prices held near the highest level in almost two months amid demand for an inflation hedge, while the bond market sell-off stalled and U.S. equities continued to retreat.
Gold Steady as Investors Weigh Policy Outlook, Omicron Concerns
Gold was steady as investors weighed the outlook for monetary policy against the risks posed by the omicron virus variant to the global economic recovery.
Gold Level: Elliott Wave Analysis
Gold is higher, making nice extensions from the 1782 level; which can be even an impulse, but for now we will stick with wave “c” of C that can be looking for more upside today to complete a red wave degree cycle.
Gold 1h Elliott Wave analysis
Gold Forecast 2022 | Will Gold Improve Its Behavior in 2022?
Gold forecast 2022: Will gold (Yellow Metal) improve its behavior in 2022? You thought that 2020 was a terrible year, but we would be back to normal in 2021? Well, we haven’t quite returned to normal. After all, the epidemic is not over, as new strains of coronavirus emerged and spread last year. Actually, in some aspects, 2021 was even worse than 2020. Two years ago, the pandemic was wreaking havoc. Last year, both the pandemic and inflation were raging.