GOLD PRICE FORECAST: SLIGHTLY BULLISH SILVER PRICE FORECAST: NEUTRAL TO SLIGHT BEARISH Gold costs decline for the second week straight, silver likewise droops, however experiences heavier misfortunes Falling U.S. yields and expanded…
Month: June 2022
Gold Price Outlook Mired by Failure to Test 50-Day SMA
GOLD PRICE TALKING POINTS The cost of gold has all the earmarks of being caught in a thin reach following the bombed endeavor to test the May low ($1787), however absence of…
Gold Price Forecast: XAU Coils as Inflation and Recession Odds Conflict
GOLD, XAU, POWELL, INFLATION, RECESSION, TECHNICAL OUTLOOK – TALKING POINTS Gold costs managing for the time being gains as APAC stocks get an offered Oil costs and downturn risk chances key to…
Gold Price Forecast: Ranging inside Triangle, For Now – Levels for XAU/USD
GOLD PRICE OUTLOOK: Gold costs keep on exchanging inside a multi-week even triangle tracing all the way back to April. Essential headwinds remain – rising US genuine yields – and are probably…
Gold Price Update – Sellers in Short-Term Control of XAU/USD
For all market-moving information deliveries and occasions, see the DailyFX Economic Calendar. Gold is making a transient series of worse high points on the day to day outline which might recommend the…
AUD/USD hits two-day highs above 0.6950 on dollar shortcoming
US dollar drops on Friday as stocks take off. Item costs additionally recuperate, US yields stay low. AUD/USD is humbly higher for the week, holds above late lows. The AUD/USD broke above…
S&P 500 recovers 3850 on cheery opinion as downturn fears blur
The S&p 500, the Nasdaq, and the Dow Jones broaden gains somewhere in the range of 4 and 5 percent in the week. UoM Consumer Sentiment plunged, and expansion assumptions got lower,…
EUR/GBP: Renewed Brexit fears might begin to burden authentic – Danske Bank
Brexit Tensions are expanding and may burden the British pound before very long, caution examiners at Danske Bank. They additionally call attention to that overall loan costs have burdened EUR/GBP for a…
EUR/USD may as yet plunge back to the new low of 1.0350 – Rabobank
The EUR/USD is going to end the week drifting around 1.0550, with an unobtrusive increase. Investigators at Rabobank keep on seeing the gamble of a plunge back to the year’s low at…
USD/CAD staggers towards 1.2900 on higher oil costs and a delicate US dollar
The USD/CAD snaps two straight long stretches of gains and ruts 0.85% week after week. Higher oil costs and a playful opinion combined with a more vulnerable USD push the CAD up….