“Spot Gold price is attempting a tepid bounce amid a brief pullback in the greenback. The US currency lacks the follow-through upside bias, as investors switch onto the sidelines amid a Thanksgiving Day holiday in the US. Despite the rebound, the risks remain skewed to the downside as the Fed’s hawkishness will continue to underpin the sentiment around the dollar and yields.”
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 Price Forecast: Gold Slip continues below $1795 – Neal Bhai
Gold Price Forecast: Spot gold (Yellow Metal) prices broke below a key area of support in recent trade, tumbling beneath both the 200 and 50-day moving averages, both of which sit close to $1795. As of right now, prices have recovered a little and gold price trading around $1785, meaning prices are down only, about 0.8% on the day. This follows Monday’s steep 2.2% down and means dollar-denominated gold has lost nearly $60 in value so far this week.
Gold Tips Today: Gold Below $1837 Remains Exposed to Downside Risks
Gold Tips Today: Gold is struggling to find its feet on Monday, having hit the lowest levels in two weeks at $1,839 on Friday.
Gold bulls Remain As Long Key Above $1,850 Support Holds
Gold Bulls Remain: Having failed several attempts to resist above the $1,870 threshold, gold price continues to hover in a familiar range above the critical $1,845 support.
Gold Price Today Down After Rising To Nine-Month Highs – Neal Bhai
Gold price retreated in Indian markets today from nearly nine-month highs amid soft global cues. On MCX gold edged 0.08% lower at ₹49,000 per 10 gram while silver rose 0.18% to ₹66,356 per kg. In the previous session, gold had hit a nine-month high of ₹49,600 per 10 gram but could not sustain at higher levels.
Spot Gold Prices Expected Tests Trendline
Spot Gold: The bulls are pushing towards $1,884 a major resistance where last June’s sell-off started. Strong selling pressure is possible in that supply zone as short-term buyers may take profit and reassess the directional bias.
Gold Forecast: Above $1925 Target Price $2000 – $2030 – Gold Silver Reports
Spot Gold has refreshed five-month highs at $1,870 after breaking key resistance at $1,834. Strategists expect gold to stage a significant leg higher on a break above the June peak at $1,925.