Gold Price Forecast, 19 July 2023: सोने को देखकर, हम लगता हैं कि हाल की में कीमत में सुधार के बाद, यह वर्तमान में लगभग $1978 के स्तर पर कारोबार कर रहा है। आज यह $1985 के स्तर का परीक्षण कर सकता है, लेकिन यदि यह $1985 के उप्पर समेकित करने में विफल रहता है, तो इसे लगभग $1962 के समर्थन स्तर की ओर वापस जाना चाहिए और फिर यह अगले $1927 के स्तर तक पहुंच सकता है। दूसरी ओर, यदि पीली धातु की कीमते $1985 के स्तर की उप्पर बंद होने में सक्षम होती है, तो यह $2007 के स्तर को छू सकता है।
Spot Gold Critical Support
Gold Prices Trade Positive on Dollar Weakness
Gold (XAU/USD) prices trade above $1,955 an ounce on Friday after gaining 0.9% in the previous session, benefiting mainly from the dollar’s weakness as the Federal Reserve paused its tightening campaign at a time other major central banks are still raising interest rates.
Spot Gold price rise amid market’s consolidation
Spot Gold price remains sidelined as bulls fade upside momentum amid a pause in the United States Treasury bond yields and the US Dollar amid mixed catalysts surrounding and US data and fears of Federal Reserve’s (Fed) rate hikes. That said, the US Dollar Index (DXY) stays defensive near 102.60 after bouncing …
Gold is Trapped Between Hourly Support and Resistance
- The bulls are relying on a move above $1,837 while bears seek a break below $1,831.
Gold (XAU/USD) price is holding in a bullish territory after climbing from the start of the week’s low near $1,821 and reaching a high of $1,847. However, the yellow metal finished with a loss on Thursday, following three three-day winning streak, as strength in the U.S. dollar weighed. The US Dollar Index, DXY,a measure of the greenback’s strength against a basket of rivals, gained 0.6% to 105.102
Gold Forecast 2023: Gold to Rebound as Fed Easing Starts
Gold Forecast 2023: US Dollar strength and central bank tightening have weighed heavily on the gold market in 2022. In the near term, there is room for more downside with further tightening expected. The medium-term outlook looks more constructive.
Gold Slip below $1,775 as US Yields Push Higher
Gold price continued to push lower in the second half of the day on Monday and broke below $1,775. Following the upbeat ISM Services PMI report from the US, the benchmark 10-year US Treasury bond yield is up more than 2%, forcing yellow metal to stay under bearish pressure.
Gold Weekly Data Update [HINDI] – Gold Silver Reports
Gold Weekly Data Update: सोने की कीमत व्यापक रूप से अमेरिकी डॉलर की कमजोरी से लाभान्वित हुई और 1,800 डॉलर से ऊपर बंद होने में विफल रहने के बावजूद इस सप्ताह लगभग 2% की बढ़त हासिल की। यूएस से उच्च प्रभाव वाले डेटा रिलीज़ की अनुपस्थिति में, निवेशक चीन से कोरोनावायरस से संबंधित सुर्खियों पर कड़ी नज़र रखेंगे और नए दिशात्मक सुरागों के लिए सोने (Gold) के तकनीकी विकास का आकलन करेंगे।
Gold price needs a weekly close above 200-Daily Moving Average to unleash further upside
Gold price is reversing from a fresh four-month high above $1,800, as bulls take a breather before the United States Nonfarm Payrolls (NFP)-led massive volatility storm. The US Dollar has paused its downward trajectory amid a minor uptick in the US Treasury bond yields and a cautious market mood.
Gold Silver Outlook (Dec): Gold Prices Rose By 7% in November
Gold Silver Outlook: Gold and silver futures prices are trading solidly higher today following a dovish speech on interest rates by Federal Reserve’s Jerome Powell on Wednesday. Consequently, a weaker dollar has kept the gold price on track for its best month since May 2021. Gold prices gained 7% in November. Besides, precious metals also got support due to weak US labour market data. The dollar index showed its biggest monthly fall since 2010 and supported global commodity prices.
Gold Price Short-Term Target and Report
Gold Price Short-Term Target: The daily chart shows that gold trades at the lower end of its weekly range and that the risk remains skewed to the downside. gold develops well below bearish moving averages, with the 20 SMA currently at around $1,688, also the previous week’s high. The Momentum indicator heads south within negative levels, while the RSI recovered modestly and currently hovers around 30.