by SignalsFactory Staff | Dec 1, 2023 | Uncategorized
GOLD (XAU/USD) PRICE, ANALYSIS AND CHARTS Gold hesitates at $2,050/oz. but the outlook remains positive. Fed Chair Powell speaks later in the session. Gold made an early push today and came within a handful of dollars of printing a fresh 20-month high, but the move...
by SignalsFactory Staff | Nov 30, 2023 | Uncategorized
The index trades slightly on the defensive near 102.80. US yields look to rebound from recent multi-week lows. PCE, Core PCE take centre stage later in the NA session. The greenback appears under some selling pressure and gyrates around the 102.80 region when measured...
by SignalsFactory Staff | Nov 27, 2023 | Uncategorized
Gold price extends gains as investors take caution ahead of the skew of US data. China’s industrial profits declined by 7.8% could dampen the positive sentiment arising from the PBoC stimulus measures. Fed officials mentioned closely monitoring incoming data...
by SignalsFactory Staff | Nov 23, 2023 | Uncategorized
GOLD (XAU/USD) ANALYSIS Gold expected to underwhelm this Thanksgiving weekend amid thin trading XAU/USD reveals an aversion to trading above $2000 as ceasefire tests safe haven appeal USD and Treasury yields remain a factor as markets lower expectations of rate cuts...
by SignalsFactory Staff | Nov 22, 2023 | Uncategorized
The DXY Index rose to 103.60, up by 0.15%. FOMC members considered that the progress on inflation is “limited”. The US yields are still down on the day, limiting the US Dollar’s advance. In Tuesday’s session, the US Dollar Index traded with 0.15%...