Gold Price Forecast: XAU/USD climbs back closer to $1,930, moves away from four-week low FXStreet
source https://news.google.com/rss/articles/CBMigAFodHRwczovL3d3dy5meHN0cmVldC5jb20vbmV3cy9nb2xkLXByaWNlLWZvcmVjYXN0LXhhdS11c2QtY2xpbWJzLWJhY2stY2xvc2VyLXRvLTEtOTMwLW1vdmVzLWF3YXktZnJvbS1mb3VyLXdlZWstbG93LTIwMjMwODA5MDI0MtIBAA?oc=5
Wednesday, August 09, 2023
EUR/USD, GBP/USD, USD/CAD, Gold, Oil, Nasdaq Weekly ... - FOREX.com US
EUR/USD, GBP/USD, USD/CAD, Gold, Oil, Nasdaq Weekly ... FOREX.com US
source https://news.google.com/rss/articles/CBMieWh0dHBzOi8vd3d3LmZvcmV4LmNvbS9lbi11cy9uZXdzLWFuZC1hbmFseXNpcy9ldXItdXNkLWdicC11c2QtdXNkLWNhZC1nb2xkLW9pbC1uYXNkYXEtd2Vla2x5LXRlY2huaWNhbC1vdXRsb29rLTgtMDctMjAyMy_SAYIBaHR0cHM6Ly93d3cuZm9yZXguY29tL2VuLXVzL25ld3MtYW5kLWFuYWx5c2lzL2V1ci11c2QtZ2JwLXVzZC11c2QtY2FkLWdvbGQtb2lsLW5hc2RhcS13ZWVrbHktdGVjaG5pY2FsLW91dGxvb2stOC0wNy0yMDIzLz9hbXA9dHJ1ZQ?oc=5
source https://news.google.com/rss/articles/CBMieWh0dHBzOi8vd3d3LmZvcmV4LmNvbS9lbi11cy9uZXdzLWFuZC1hbmFseXNpcy9ldXItdXNkLWdicC11c2QtdXNkLWNhZC1nb2xkLW9pbC1uYXNkYXEtd2Vla2x5LXRlY2huaWNhbC1vdXRsb29rLTgtMDctMjAyMy_SAYIBaHR0cHM6Ly93d3cuZm9yZXguY29tL2VuLXVzL25ld3MtYW5kLWFuYWx5c2lzL2V1ci11c2QtZ2JwLXVzZC11c2QtY2FkLWdvbGQtb2lsLW5hc2RhcS13ZWVrbHktdGVjaG5pY2FsLW91dGxvb2stOC0wNy0yMDIzLz9hbXA9dHJ1ZQ?oc=5
Tuesday, August 08, 2023
Gold Price Forecast: XAU/USD needs validation from 50 DMA to extend the recovery - FXStreet
Gold Price Forecast: XAU/USD needs validation from 50 DMA to extend the recovery FXStreet
source https://news.google.com/rss/articles/CBMifmh0dHBzOi8vd3d3LmZ4c3RyZWV0LmNvbS9hbmFseXNpcy9nb2xkLXByaWNlLWZvcmVjYXN0LXhhdS11c2QtbmVlZHMtdmFsaWRhdGlvbi1mcm9tLTUwLWRtYS10by1leHRlbmQtdGhlLXJlY292ZXJ5LTIwMjMwODA3MDMyMtIBggFodHRwczovL3d3dy5meHN0cmVldC5jb20vYW1wL2FuYWx5c2lzL2dvbGQtcHJpY2UtZm9yZWNhc3QteGF1LXVzZC1uZWVkcy12YWxpZGF0aW9uLWZyb20tNTAtZG1hLXRvLWV4dGVuZC10aGUtcmVjb3ZlcnktMjAyMzA4MDcwMzIy?oc=5
source https://news.google.com/rss/articles/CBMifmh0dHBzOi8vd3d3LmZ4c3RyZWV0LmNvbS9hbmFseXNpcy9nb2xkLXByaWNlLWZvcmVjYXN0LXhhdS11c2QtbmVlZHMtdmFsaWRhdGlvbi1mcm9tLTUwLWRtYS10by1leHRlbmQtdGhlLXJlY292ZXJ5LTIwMjMwODA3MDMyMtIBggFodHRwczovL3d3dy5meHN0cmVldC5jb20vYW1wL2FuYWx5c2lzL2dvbGQtcHJpY2UtZm9yZWNhc3QteGF1LXVzZC1uZWVkcy12YWxpZGF0aW9uLWZyb20tNTAtZG1hLXRvLWV4dGVuZC10aGUtcmVjb3ZlcnktMjAyMzA4MDcwMzIy?oc=5
Gold prices remain under pressure before the Fed's decision
https://ift.tt/r9tWli0
Originally posted here: https://ift.tt/6T9zduC
Gold prices remain under pressure before the Fed's decision
Gold/U.S. Dollar FX:XAUUSD
The world gold price is currently $1,932.7 per ounce, down by $7.8 compared to the previous session opening.
This drop is due to the US Federal Reserve's plan to raise interest rates to control inflation. However, more evidence is required to support this decision.
Additionally, improving employment data may lead the Fed to rethink their current high interest rates. These "hawkish" comments from the Fed have discouraged investors in the metals market. It is expected that the gold market will trade around $1,950 per ounce throughout the summer as the Fed maintains its hawkish stance until the end of the year.
Originally posted here: https://ift.tt/6T9zduC
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