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 […]
Market Analysis – December 7th Gold (XAUUSD) buyers remain confident as they seek breakthroughs. The buyers have shown a strong and confident stance in the market. This was evident in October when sellers lost their motivation to push prices lower. The buyers demonstrated their strength by breaking through the significant zone at 1858.520, and they […]
Market Analysis – December 7 Gold (XAUUSD) faces potential sell pressure as buyers struggle to push beyond the significant level of 2052.690. In the past few weeks, buyers have been making efforts to gain control of market liquidity. The bullish momentum gained traction from the significant level of 1811.630, with the yellow metal responding positively […]
