Gold Price Forecast: XAU/USD, nothing new here, but a breakout is nigh By ross_burland Gold DollarIndex Commodities Fed Ukraine
gy and maintained force could be about to set off an almighty breakout, one way or the other. At the time of writing,is trading at $1,934.09, higher by some 0.43% and has travelled between a range of $1,920.62 and $1,937.85.
It is worth taking note of positioning in the futures markets. ''Money managers cut their gold long exposure and increased short positioning, as rates along the yield curve continued to move higher.
Meanwhile, in today's markets, US equities have dropped while the benchmark US Treasury yields remain bid on due to the narrative surrounding the US central bank. The minutes released yesterday from the Fed's March meeting underpin the worries of higher prices and reinforce the prospect that the US central bank's balance sheet reduction is imminent.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Gold Price Forecast: XAU/USD remains poised to test the 50-DMA at $1,903Gold price is looking to extend the previous sell-off on Wednesday. As FXStreet’s Dhwani Mehta notes, $1,903 appears at risk for XAU/USD. Fed minutes
Les mer »
Gold Price Forecast: XAU/USD to remain above $1,900 this year – ANZXAU/USD is trading in a relatively tight range near $1,920. In the view of strategists at ANZ Bank, the impact of a stronger dollar is set to be muted
Les mer »
Gold Price Forecast: XAU/USD Sustained by Real Yields and Safe-Haven DemandA robust labor market and solid growth data gives a string foundation for the Fed to be aggressive in its fight with inflationary pressures. Get your market update from WVenketas here:
Les mer »
Gold Price Forecast: An aggressive Fed undermined demandXAUUSD Current Price: $1,924.11 Concerns related to the Russia-Ukraine crisis and soaring inflation undermine the market’s mood. US government bond y
Les mer »
Gold Forecast, News and Analysis - FXStreetCheck our updated for Gold News including real time updates, forecast, technical analysis and the economic latest events from the best source of Forex News
Les mer »
Gold Forecast: Markets Give Up Gains to Form Negative CandleGold markets initially rallied on Tuesday but gave back gains rather rapidly in the middle of the session as yields in America continue to climb rapidly.
Les mer »