XAUUSD

Gold technical perspective-08.07.2024

Gold

Gold is trying to capitalize on a strong rebound from the previous day off the support of the 50-day simple moving average (SMA) or the weekly low. Additionally, expectations of interest rate cuts by the Federal Reserve may restrain U.S.…

Gold Uptade-8.05.2024

Gold

If we look at the 4-hour chart of the Gold commodity asset, there are several interesting things, namely the appearance of deviations between the movement of the Gold price and the MACD Histogram indicator and the Ascending Broadening Wedge pattern…

Gold Fundamental & Technical Overview-7.30.2024

Gold

A combination of supportive factors helps gold attract buyers for the second consecutive day. The U.S. PCE (Personal Consumption Expenditures) price index data released on Friday showed a modest increase in June inflation, raising expectations for the Federal Reserve to…

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