GOLD

The U.S. dollar edged up but was not far from its lowest level in October amid signs Federal Reserve rate hikes are slowing the world's biggest economy. As long as the GOLD price stays below 1667 on a four-hourly basis, we will see the main support level at 1650....

26 Oct 22 (Wed)

03:37 am

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GOLD

Gold and the greenback both remained within tight trading ranges seen in recent weeks, amid growing uncertainty over the path of U.S. monetary policy. While hopes of a potential dovish tilt by the Federal Reserve somewhat benefited gold prices last week, markets are still pric...

25 Oct 22 (Tue)

04:35 am

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GOLD

As long as the GOLD price stays below 1667 on a four-hourly basis, we will see the main support level at 1650. On the other hand, if the price goes beyond 1667, the next level will be at 1684. Support: 1650 - 1638Resistance: 1667 - 1684 - 1698

24 Oct 22 (Mon)

04:24 am

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GOLD

The U.S. Federal Reserve is widely expected to continue its aggressive interest rate hikes at its next meeting in early November, as it attempts to curb red-hot inflation. As long as the GOLD price stays below 1626 on a four-hourly basis, we will see the main su...

21 Oct 22 (Fri)

05:17 am

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GOLD

Gold firmed 1% on Thursday after a weaker dollar helped prices bounce back from a three-week low hit earlier in the session, although bets for more big U.S. interest rate hikes cast a shadow on sentiment. As long as the GOLD price stays below 1650 on a four-hourly ba...

20 Oct 22 (Thu)

04:10 pm

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GOLD

The dollar bounced from two-week lows on Wednesday as benchmark 10-year Treasury yields rose to 14-year highs, while sterling weakened after hotter-than-expected UK consumer price inflation fueled concerns about a deeper recession. As long as the GOLD price stays bel...

20 Oct 22 (Thu)

05:00 am

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GOLD

The dollar found some support after data showed production at U.S. factories rising in September, led by output gains in durable and nondurable goods, indicating that the manufacturing sector remains on a reasonable footing despite the Federal Reserve's efforts to limit de...

19 Oct 22 (Wed)

04:08 am

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GOLD

A survey from the University of Michigan on Friday showed consumer sentiment improved further in October, but inflation expectations deteriorated a bit as average national gasoline prices moved back up towards $4 per gallon after falling over the summer. As long as t...

18 Oct 22 (Tue)

03:59 am

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GOLD

As long as the GOLD price stays below 1650 on a four-hourly basis, we will see the main support levels at 1638 and 1626. On the upside, if the price move up 1650, the next level will be at 1667. Support: 1638 - 1626Resistance: 1650 - 1667 -1684

17 Oct 22 (Mon)

03:36 am

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GOLD

The consumer price index rose 0.4% last month after gaining 0.1% in August, the Labor Department said on Thursday. Economists polled by Reuters had forecast the CPI climbing 0.2%. In the 12 months through September, the CPI increased 8.2% after rising 8.3% in August.

14 Oct 22 (Fri)

04:37 am

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GOLD

Minutes of the Fed’s September meeting, released on Wednesday, showed that policymakers unanimously agreed to push monetary policy into restrictive territory, and are likely to keep interest rates high for a longer period as the central bank struggles to bring down infla...

13 Oct 22 (Thu)

05:37 am

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GOLD

Strong U.S. labour market data and a high inflation forecast expectation on Thursday have all but dashed hopes on anything but high interest rates through 2023, which should drive the dollar back toward the 2002 peak hit last month As long as the GOLD price stays bel...

12 Oct 22 (Wed)

05:03 am

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GOLD

Federal Reserve Vice Chair Lael Brainard on Monday emphasized on the need for restrictive monetary policy, and said that the economic damage of recent rate hikes was yet to be felt. As long as the GOLD price stays below 1684 on a four-hourly basis, we will see the ma...

11 Oct 22 (Tue)

02:01 am

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GOLD

As long as the GOLD price stays above 1698 on a four-hourly basis, we will see the main resistance level at 1711 and 1722. On the downside, if the price goes drops below 1698, the next support level will be at 1684 Support: 1698 - 1684Resistance: 1711 - 1722 - 1...

10 Oct 22 (Mon)

02:02 am

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GOLD

As long as the GOLD price stays above 1698 on a four-hourly basis, we will see the main resistance level at 1711 and 1722. On the downside, if the price goes drops below 1698, the next support level will be at 1684 Support: 1698 - 1684Resistance: 1711 - 1722 - 1...

07 Oct 22 (Fri)

04:23 am

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GOLD

Metal markets rallied strongly this week after weak manufacturing data in the United States drove up expectations that the Fed would ease its hawkish stance to prevent more economic disruption from rising interest rates. As long as the GOLD price stays above 172...

06 Oct 22 (Thu)

06:38 am

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GOLD

The dollar steadied and pushed higher in early dealings in Europe on Wednesday, after senior Federal Reserve officials played down suggestions of an imminent 'pivot' in its monetary policy amid signs that the U.S. labor market is cooling down. As long as the...

05 Oct 22 (Wed)

03:16 pm

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GOLD

As the labor market has remained tight, threatening an uptick in wages, the Fed has made it clear that slowing the economy, and job growth remain central to its plans to cool inflation. As long as the GOLD price stays above 1711 on a four-hourly basis, we will see th...

05 Oct 22 (Wed)

02:56 am

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GOLD

The European Central Bank is expected to announce another hefty interest rate rise later this month after data on Friday showed that Eurozone inflation beat forecasts, climbing to a record high of 10.0% in September. As long as the GOLD price stays above 1698 on a fo...

04 Oct 22 (Tue)

02:47 am

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GOLD

As long as the GOLD price stays above 1650 on a four-hourly basis, we will see the main levels at 1667 and 1684. On the other hand, if the price moves down 1650, the next level will be at 1638. Support: 1650 - 1638Resistance: 1667 -1684

03 Oct 22 (Mon)

03:18 am

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GOLD

Gold prices rose slightly on Friday as pressure from the dollar eased further, but were set for a sixth straight month of losses as rising interest rates severely dampened the outlook for the yellow metal. As long as the GOLD price stays above 1650 on a four-hourly b...

30 Sep 22 (Fri)

04:48 am

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GOLD

Traders are now waiting to see if the decline in the dollar will be sustained, or just another blip before more upward movement. The factors that boosted the greenback- elevated inflation and a hawkish Federal Reserve- are still in play. As long as the GOLD price sta...

29 Sep 22 (Thu)

01:27 pm

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GOLD

Gold prices fell slightly on Thursday after recovering sharply from multi-year lows, as markets remained wary of another resurgence in the dollar and Treasury yields. As long as the GOLD price stays above 1650 on a four-hourly basis, we will see the main level at 166...

29 Sep 22 (Thu)

04:15 am

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GOLD

The dollar has surged this year on an extremely hawkish stance adopted by the U.S. Federal Reserve, with rising interest rates making the currency a more attractive safe haven than gold As long as the GOLD price stays below 1626 on a four-hourly basis, we will see th...

28 Sep 22 (Wed)

03:54 am

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