XAU/USD Price Forecast: Learn about the short-term price movement of XAU/USD (Gold), Understand why the price might drop, key technical levels, and what to watch for in the gold market.
Trading Levels
Silver MCX Trading Level 35800-37330
Gold Silver Reports ~ Silver on MCX settled at 36560 recovered from the earlier losses to close flat as Janet Yellen emphasized that the Fed should proceed gradually with the timing of its next interest rate hike.
Crude Oil MCX Trading Levels 2405 – 2525
Gold Silver Reports ~ Crude MCX settled down -1.72% at 2457 extending losses as a monthly report from OPEC provided further signals of a widening gap between supply and demand on energy markets worldwide.