Gold Price Forecast: XAU/USD current decline deems as a correction, bull trait remains intact – DBS Bank Gold XAUUSD Banks
Gold fancies a decline towards a near-term head-and-shoulders bearish top’s target at $1,906
“For now, at least from a weekly price perspective, gold remains bullish if it holds the $1,850/16 price zone. The former marks the drop from $1,992 at $1,850; trappings of a former neckline break and the latter hosts $1,816, a pivotal moving average level.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold Price Forecast: XAU/USD eyes $1,950 as the next bearish target – Confluence DetectorGold price is facing a double whammy from an improved market mood on hopes for diplomacy on the Ukraine crisis. While the expected 25 bps Fed rate hik
Read more »
Gold Price Forecast: XAU/USD points south to $1,900 amid ongoing downbeat momentumGold price is heavy so far this Tuesday’s trading, meandering near weekly lows below $1,940 amid a mixed market mood. Focus is on Tuesday’s close as t
Read more »
Gold Forecast: Searching for BottomGold is searching for a bottom. Will it find it? Lets trade today using our forecast: Gold Trading Forex Money
Read more »
Can Gold Price recover the $2,000 level?Gold Price is bouncing from a fresh one-week low of $1,954.17 a troy ounce, still firmly down for the day. The bright metal came under selling pressur
Read more »
Bitcoin: Gold 2.0? Try Reserve Asset 3.0Given conflict in the Ukraine, is the world readying itself for a new monetary system in which bitcoin is an important piece? Maybe we are on the eve of Bretton Woods III. gckaloudis writes for this week’s Crypto Long & Short newsletter.
Read more »
Historical Book 'Moments of Gold' Written in Honor of Tallassee High School by Alumni - Alabama NewsMemories of the old Tallassee High School building are being preserved thanks to a new book. You can get a copy, plus a brick from the old building. alnews tallassee alabamanewsnetwork
Read more »