Gold Price Forecast: XAU/USD trades with a mild negative bias, just above $1,955 level – by hareshmenghani Gold Commodities CPI Fed XAUUSD
trades just above the $1,955 level during the Asian session, albeit lacks any follow-through selling and manages to hold comfortably above the 100-day Simple Moving Average pivotal support.A generally positive tone around the equity markets is seen as a key factor acting as a headwind for the safe-haven Gold price. Apart from this, a modest US Dollar uptick exerts some pressure on the US Dollar-denominated commodity.
from the US on Monday. This, in turn, could further contribute to limiting losses for the XAU/USD, at least for now.From a technical perspective, any subsequent slide might continue to attract fresh buyers and find decent support near the 100-day SMA, currently pegged around the $1,941 area. A convincing break below will make thevulnerable to accelerate the fall towards the $1,900 mark.
On the flip side, Friday's swing high, around the $1,973 region, now seems to act as an immediate resistance ahead of the $1,983-$1,985 supply zone. A sustained strength beyond might trigger a short-covering move and lift Goldp rice to reclaim the $2,000 psychological mark. The XAU/USD could extend the upward trajectory and eventually climb to the next relevant hurdle near the $2,010-$2,012 region.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Gold Price Forecast: XAU/USD eases to $1,960 ahead of US inflation, Fed announcementsGold Price (XAU/USD) begins the key week with mild losses, grinding lower to around $1,961 after witnessing a two-week winning streak. In doing so, th
続きを読む »
Temperatures expected to heat up throughout the week, breaking 100 degreesThe week is forecast to have increasingly hot temperatures in Houston, reaching above 100...
続きを読む »
D.C.-area forecast: Warmer today, and turning hotter for SundayIt's feeling more like summer the next few. Any significant chance of rain holds off until Monday.
続きを読む »
Today's Tucson weather forecast: June 10Find today's weather outlook and see how it compares to previous years in Tucson:
続きを読む »
First Alert Forecast: Air quality improves, upper 70s, afternoon rain chanceFirst Alert Weather: Our air quality continues to be much better than what we dealt with earlier this week. Highs will be in the upper 70s and low 80s today. Watch JohnElliottTV's full forecast.
続きを読む »
Canadians fighting wildfires see hope with rain in the forecastThere are more than 130 fires burning in Quebec, an official said.
続きを読む »