Strategists at ANZ Bank analyze the yellow metal’s outlook. Israel’s limited ground offensive in Gaza saw haven demand soften Israel’s limited ground offensive in Gaza saw haven demand soften.
Gold had pushed above $2,000 on Friday, but it was not able to hold those gains on Monday. Nevertheless, Gold does appear to be consolidating and building a base for further gains. See–Gold Price Forecast: XAU/USD to move sustainably into $2,100 territory – TDS
Gold Price Forecast: XAU/USD buyers recapture $2,000, what’s next?Gold price has entered a phase of consolidation at the start of a new week, following a massive surge to a fresh five-month high of $2,009 set last Fr Read more ⮕
Gold Price Forecast: XAU/USD to soar on a regional escalation of the Middle East conflictGold should remain a good hedge, despite worries that rates will remain higher for longer, economists at UBS report. Read more ⮕
Gold Price Forecast: XAU/USD to see another leg higher once above hurdle at $2,070/$2,075Gold has regained upward momentum. Strategists at Société Générale analyze the yellow metal’s technical outlook. Read more ⮕
Gold Price Forecast: XAU/USD dips below $2000 as Middle East conflict fears easeGold price (XAU/USD) fell below the $2000 mark late in the New York session, registering losses of 0. Read more ⮕
Gold Price Forecast: XAU/USD remains capped below the $2,000 barrier, Chinese PMI data loomsGold price (XAU/USD) consolidates below the $2,000 psychological mark during the early Asian session on Monday. Read more ⮕
Gold Price Forecast: XAU/USD bullish potential remains intact, focus shifts to FedGold price Is catching a breather below $2000 early Tuesday, having corrected sharply from near five-month highs on Monday. Read more ⮕
