Gold is expected to maintain a bullish tone this week as the key Fibonacci level near 5143.89 acts as the main direction guide for traders while geopolitical tensions in the Middle East and ongoing tariff discussions add uncertainty to the…
Gold XAU USD continued to struggle to break free from its previous bearish trend and is still facing strong selling pressure around the 4950 level One of the main reasons for this weakness is the strengthening US dollar which is…
Gold is moving upward as economic challenges increase expectations of Federal Reserve rate cutsThe US dollar is weakening due to fears of slower economic growth and a prolonged government shutdown which is boosting demand for gold as a safe haven…
According to the latest COT report Gold shows that commercials are holding majority short positions which is expected as they hedge their production while managed money and large speculators are maintaining strong long positions indicating that big funds and institutions…
The collapse of gold following the Republican victory in the US elections was a real shock for XAU/USD bulls, yet it has not thrown them off track. The precious metal was seen as one of the main beneficiaries of Trump-era…