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Gold Price Intraday Technical Forecast: The Intraday chart for the gold (Yellow Metal) shows that the price managed to bounce from converging 20 and 200 SMAs, at around $1,840 Technical indicators have turned marginally higher but without strength enough to confirm further gains, as the RSI is still below its mid-line.
price of gold per oz
Gold Gains With Yields, Dollar Slipping After Inflation Data
Gold price advanced after U.S. inflation data came in lower than expected, easing concerns that the Federal Reserve will be forced to pare back its bond buying soon.
MCX Gold Tips Today: All Target Hit 46800 to 47320: Spot Gold Report
Gold prices are rising on Tuesday, after rebounding from monthly lows boosted by a slide in US yields. The ounce is up by 0.70% and reached at $1,808.42, the highest level in a week.
Gold Price Forecast: Expected Gold Test $1830 Amid Golden Cross
Gold Price Forecast: Gold price set the stage on fire last Friday, as it climbed to the highest levels since early August at $1819 before easing slightly to finish the week at $1817.
Spot Gold Price Technical Analysis: Above $1907 Next Key $1922
Spot Gold Price Technical Analysis: Boosted by a weaker dollar and growing inflationary pressures, gold prices rose to a near five-month high on Tuesday. The spot gold was up 0.2 per cent at $1,911.45 per ounce by 0255 GMT, after hitting its highest since Jan. 8 at $1,914.26 earlier in the session.
Spot Gold: $1900 Support Key is Critical for Bulls
Spot Gold price (Yellow Metal) extended its choppytrend into the second straight session on Thursday, although remained within a familiarrange below the three-month highs of $1890.
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Spot Gold Remains Steady After Fed, Boosted by Fears of Rising Inflation
Spot gold kept positive tone on Thursday despite warning technical signal of indecision and possible stall from Wednesday’s long-legged Doji candle.
MCX Gold Mini All Target Hit 47125 to 47549 – Neal Bhai Reports
MCX Gold Mini All Target Hit: It has finally happened – Gold has staged a convincing break above the $1,800, hitting a high of $1,814.58 at the time of writing. Falling US Treasury yields have prompted investors to buy gold, and cascading stop-losses have also been attributed to the upswing in the price of the precious metal.
Gold Price Analysis: Gold Refreshes Weekly high above $1,780 on Biden’s ‘Joint Congress’ speech
Gold Price Analysis: Gold inches closer to the $1,800 threshold, refreshing weekly top to $1,788.31 by the press time of early Thursday. In doing so, the yellow metal takes the bids for the second consecutive day on the weaker US dollar. Recently propelling the commodity prices are the comments from US President Joe Biden.
Gold Support Key $1760—$1755, Bearish Technicals
Gold support and resistance Key for today: Gold prices pulled back nearly $20 from 7-week highs of $1790 on Wednesday, finishing the day slightly in the red. The rebound in the US Treasury yields triggered the correction in the metal. Bear cross on 1H chart and RSI below 50.00 point to the downside.