GOLD

The U.S. Consumer Price Index showed that prices rose 8.5% in March compared with a year ago, boosted by the soaring cost of gasoline but tempered by a moderation in prices of used cars and trucks. The core CPI fell short of estimates, landing at 6.5%. As long as the...

13 Apr 22 (Wed)

03:48 am

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GOLD

U.S. inflation is set to hit its highest level in 40 years in March, raising the pressure on the Federal Reserve to tighten monetary policy The GOLD price has extended gains. As long as the GOLD price stays above 1932 on a four-hourly basis, we will see resistan...

12 Apr 22 (Tue)

12:24 pm

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GOLD

US consumer prices likely increased by the most in 16-1/2 years in March, as the war in Ukraine boosted the cost of gasoline to record highs. As long as the GOLD price stays above 1932 on a four-hourly basis, we will see resistance levels  at 1964 and 1995....

12 Apr 22 (Tue)

02:52 am

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GOLD

Gold prices slipped in range-bound trading on Monday as surging Treasury yields boosted the dollar and countered fresh concerns about the war in Ukraine, while palladium extended gains fuelled by London decision to block trading of the metal from Russia As long as th...

11 Apr 22 (Mon)

03:39 pm

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GOLD

The Gold price moved up above the 1932 main support level. As long as the price stays above 1932 on a four-hourly basis, we will see resistance levels  at 1964 and 1995. On the downside, if the price breaks down below 1932, the next support level will be at 1904.

11 Apr 22 (Mon)

05:25 am

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GOLD

Fears of a new Russian offensive in eastern Ukraine are growing, with Ukraine Foreign Minister Dmytro Kuleba calling for Western countries to provide his country with more sophisticated weapons at a meeting with North Atlantic Treaty Organization counterparts in Brussels on Th...

08 Apr 22 (Fri)

11:31 am

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GOLD

FOMC minutes showed the policymakers have laid out a plan to shrink their balance sheet by more than $1 trillion a year, and also indicated that many viewed one or more half-point increases as possibly appropriate going forward if price pressures fail to moderate.

07 Apr 22 (Thu)

01:23 pm

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GOLD

Fed officials viewed the hefty rate increases as appropriate at future meetings, especially if inflation pressures intensify, minutes showed. They would also have preferred a 50 basis point rise in the target range for the federal funds rate at the March meeting. ...

07 Apr 22 (Thu)

04:24 am

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GOLD

The U.S. dollar strengthened Wednesday on raised expectations of aggressive monetary policy tightening by the Federal Reserve, while the euro was weighed by the prospect of additional sanctions on Russia. As long as the GOLD price stays above 1904 on a four-hourly ba...

06 Apr 22 (Wed)

01:22 pm

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GOLD

The Gold price is now trading above the 1904 main support level. As long as the price stays above 1904 on a four-hourly basis, we will see resistance levels  at 1932 and 1964. On the downside, if the price breaks down below 1904, the next support level will be at 1873...

06 Apr 22 (Wed)

03:26 am

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GOLD

As long as the GOLD price stays below 1932 on a four-hourly basis, we will see support level at 1904. On the downside, if the price moves up above 1932, the next support level will be at 1964. Support: 1904 - 1873 Resistance: 1932 - 1964 - 1995

05 Apr 22 (Tue)

03:35 am

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GOLD

The Gold price is now trading below the 1932 main level. As long as the price stays below 1932 on a four-hourly basis, we will see support level at 1904. On the downside, if the price moves up above 1932, the next support level will be at 1964. Support: 1904 - 1873

04 Apr 22 (Mon)

01:53 pm

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GOLD

The Gold price closed last week below the 1932 main level. As long as the price stays below 1932 on a four-hourly basis, we will see support level at 1904. On the downside, if the price moves up above 1932, the next support level will be at 1964. Support: 1904 - 1873...

04 Apr 22 (Mon)

05:20 am

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GOLD

Gold was down on Friday, widening its weekly losses. A stronger dollar outweighed safe-haven demand driven by the little progress made in peace talks between Russia and Ukraine, and investors await the latest U.S. jobs report for clues on U.S. monetary policy moving forward.

01 Apr 22 (Fri)

12:26 pm

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GOLD

The Gold price rose above the 1932 main support level. As long as the price stays above 1932 on a four-hourly basis, we will see a resistance level at 1964. On the downside, if the price breaks down below 1932, the next support level will be at 1904. Support: 1932 -...

01 Apr 22 (Fri)

04:48 am

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GOLD

Gold was on course to post its biggest quarterly gain since September 2020 as the safe-haven metal appeal was lifted by the Russia-Ukraine conflict and concerns over sky-high inflation. As long as the GOLD price stays above 1932 on a four-hourly basis, we will see re...

31 Mar 22 (Thu)

01:20 pm

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GOLD

At peace talks this week in Istanbul, Russia said it would curtail operations near Kyiv and the northern city of Chernihiv to build trust, though Ukraine and its Western allies dismissed Russia's pledge as a ploy to stem losses and prepare for other attacks. The Gold price...

31 Mar 22 (Thu)

03:17 am

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GOLD

March ADP nonfarm employment change data is set to be released Wednesday at 8:15 AM ET (1215 GMT), with consensus forecasts looking for companies to have added 450,000 jobs, while GDP for the fourth quarter, at 8:30 AM ET, is set to show a 7.1% reading from the month before, w...

30 Mar 22 (Wed)

11:11 am

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GOLD

The Gold price is now trading above the 1904 main support level. As long as the price stays above 1904 on a four-hourly basis, we will see resistance levels  at 1932 and 1964. On the downside, if the price breaks down below 1904, the next support level will be at 1873...

29 Mar 22 (Tue)

04:21 am

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GOLD

Gold was down on Monday, with the resumption of peace talks between Ukraine and Russia denting the yellow metal’s safe-haven appeal. A stronger U.S. dollar and higher yields also weighed on gold. As long as the GOLD price stays above 1932 on a four-hourly basis...

28 Mar 22 (Mon)

01:42 pm

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GOLD

The Gold price moves up above the 1932 main support level. As long as the price stays above 1932 on a four-hourly basis, we will see resistance levels  at 1964 and 1995. On the downside, if the price breaks down below 1932, the next support level will be at 1904.

28 Mar 22 (Mon)

03:47 am

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GOLD

Gold was up on Friday and was set for its third weekly gain in four. Russia and Ukraine made no material progress in peace talks, giving the yellow metal a boost, but rising U.S. yields capped its gains. The Gold price is trading above the 1932 main support leve...

25 Mar 22 (Fri)

02:50 pm

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GOLD

Gold rose to a more than one-week high on Thursday as concerns over soaring prices and uncertainty surrounding the war in Ukraine lifted bullion appeal as a safe-haven and an inflation hedge. The Gold price is trading above the 1932 main support level. As long as the...

25 Mar 22 (Fri)

04:44 am

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GOLD

The Gold price is trading above the 1932 main support level. As long as the price stays above 1932 on a four-hourly basis, we will see resistance level at 1964. On the downside, if the price breaks down below 1932, the next support level will be at 1904. Support: 193...

24 Mar 22 (Thu)

03:33 am

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