Participants in the commodity market will closely examine the Federal Reserve’s policy guidance in the upcoming week. Investors are on edge as the Federal Open Market Committee (FOMC) and the Bank of England (BoE) prepare for their upcoming meetings. The fluctuating risk sentiments stem from the latest US economic data and China’s plans to boost […]
Market Analysis – January 25th Gold buyers await fresh momentum as the market consolidates. Gold traders have been experiencing a stagnant phase this week, as buyers seem to be stuck in their positions. The market has been in a consolidation phase, depriving traders of the opportunity to make significant gains. Instead of a breakthrough, gold […]
Market Analysis – January 18th Gold buyers show resilience despite their recent losing streak. Gold continues to defy expectations as buyers remain in control of the market. Despite experiencing a losing streak in the past few days, gold is ready to bounce back. The buyers have displayed remarkable resilience, refusing to back down. The bears […]
Introduction: The recent approval of Bitcoin ETFs marks a significant milestone in the financial landscape, ushering in a new era for cryptocurrency investors. Drawing parallels with the evolution of Gold ETFs, we delve into the transformative potential and implications of this development. Gold ETFs: Streamlining Precious Metal Investments Investors have long cherished gold for its […]
Market Analysis- January 11th Gold bullish strength moves on the sidelines. The bullish trend in gold is currently moving on the sidelines as buyers lack the tenacity to accelerate at a faster pace. Despite gold hanging on to its bullish sentiment, the buying momentum has been slowed down. Since last year, buyers have maintained a […]
Market Analysis – December 28th Gold buyers aim to finish stronger this year. Gold has been maintaining a high tempo, with expectations of finishing the year on a strong note. The bears have loosened their grip and have been unable to put up further resistance. Over the past week, the buyers have grown stronger in […]
Market Analysis – December 21st Gold (XAUUSD) seeks impulse as bulls struggle for a breakout. Gold has experienced a lack of impulse this week, leaving the market in a state of calmness. It has been relatively quiet, with no major catalysts in sight. The market will likely maintain its calmness for the remainder of the […]
Gold prices showed resilience on Friday, maintaining stability despite conflicting views from top Federal Reserve officials regarding the future of interest rates. The XAU/USD, the most traded gold pair, closed the week at $2,019.54, stepping back from its 10-day peak of $2,047.93. The market responded to mixed signals from the Fed, creating an air of […]
Market Analysis – December 14th Gold has recently shown promise after a period of low volatility. The bears faced some opposition last week, but now the buyers are back in action. The bulls have managed to regain strength and are currently trading around the significant level of 2008.600. XAUUSD Key Zones Resistance Zones: 2148.500, 2052.700Support […]
