Gold Price Forecast XAU USD rises on speculation a Fed pivot lurks US bond yields fall Gold - Xauusd HEAD TOPICS
Gold Price Forecast XAU USD rises on speculation a Fed pivot lurks US bond yields fall
10/21/2022 6:15:00 PM Gold Price Forecast XAU USD rises on speculation of a Fed pivot lurks US bond yields fall – by @christianborjon #Gold #XAUUSD #Metals #Fed #Bonds
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Gold Price Forecast: XAU/USD rises on speculation of a Fed pivot lurks, US bond yields fall – by christianborjon Gold XAUUSD Metals Fed Bonds Gold price rebounds from monthly lows around $1617, advancing steadily towards the $1640s region as US Treasury yields drop on an article published by is still downward biased, though it remains close to the YTD lows of $1614.92. The daily Exponential Moving Averages (EMAs) keep their bearish slope, trading well above the spot price, while the Relative Strength Index (RSI) at 39.86, although it’s aiming higher, remains in bearish territory. Hence, sellers remain in charge, though getting a respite, as the yellow metal prepares to prolong its losses for back-to-back weeks. If XAU/USD breaks $1650, a test of the 20-day EMA is on the cards; otherwise, it will remain exposed to re-test the YTD lows. Read more:
FXStreet News » Gold Price Short-term Outlook: Gold on the Precipice- XAU Support What is Comtech Gold (CGO) and how does it work? Gold Price Forecast: XAU/USD picks bids post-refreshing three-week low near $1,620 Gold Price Forecast: XAU/USD bears eye the cycle lows for end of week Sterling rallies Nov rate-hike bets scaled back as Liz Truss quits as PM
Sterling rallied on Thursday and investors reined in their bets on a big Bank of England interest rate hike in November as UK Prime Minister Liz Truss announced her resignation just six weeks after she was appointed. Read more >> Gold Price Short-term Outlook: Gold on the Precipice- XAU Support Gold prices have slipped into the last line of defense- risk for inflection into trend support. The levels that matter on the XAU/USD short-term technical charts. What is Comtech Gold (CGO) and how does it work?While Bitcoin is called “digital gold,” now you can own the literal version. Comtech Gold allows users to use the historic hedge against inflation without the downsides. 🤣🤣🤣🤣🤣🤣🤣 not your gold Gold Price Forecast: XAU/USD picks bids post-refreshing three-week low near $1,620 Gold price (XAU/USD) has displayed a rebound move after refreshing a three-week low at $1,622.50. The precious metal has sensed buying interest as mom Gold Price Forecast: XAU/USD bears eye the cycle lows for end of weekThe gold price has moved back to a flat position on the day to print around $1,629.25 at the time of writing having travelled between a low of $1,622. Gold Price Forecast: XAU/USD stays depressed below $1,650 inside bearish channel, focus on yields Gold Price Forecast: XAU/USD stays depressed below $1,650 inside bearish channel, focus on yields – by anilpanchal7 Gold XAUUSD RiskAppetite YieldCurve Recession Gold Price Forecast: XAU/USD turns sideways below $1,630 as DXY losses momentum, yields reach 4.24% Gold Price Forecast: XAU/USD turns sideways below $1,630 as DXY losses momentum, yields reach 4.24% – by Sagar_Dua24 Gold XAUUSD Fed YieldCurve Inflation XAU/USD is still downward biased, though it remains close to the YTD lows of $1614.support and the focus is on this recovery.advantages of blockchain .Information on these pages contains forward-looking statements that involve risks and uncertainties. 92. The daily Exponential Moving Averages (EMAs) keep their bearish slope, trading well above the spot price, while the Relative Strength Index (RSI) at 39. Ultimately a breach / close above 1682/88 would be needed to suggest a larger gold recovery is underway back towards the monthly range highs / key at 1729/34 .86, although it’s aiming higher, remains in bearish territory. It eliminates the need for retail investors to visit local markets to buy gold. Hence, sellers remain in charge, though getting a respite, as the yellow metal prepares to prolong its losses for back-to-back weeks.6% retracement of the 2020 range at 1585 . If XAU/USD breaks $1650, a test of the 20-day EMA is on the cards; otherwise, it will remain exposed to re-test the YTD lows. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. Information on these pages contains forward-looking statements that involve risks and uncertainties. Note that a break below 1611 would likely fuel another accelerated sell-off in price and would put back into focus the broader double-top scenario presented last month. Built on XinFin XDC Network, an advanced blockchain, the project is also Shariah-compliant and certified by one of the renowned Shariah scholars group in the United Arab Emirates. 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. For a complete breakdown of Michael’s trading strategy, review his Gold Trader Sentiment – XAU/USD Price Chart A summary of shows traders are net-long Gold- the ratio stands at +4. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. Holders of CGO tokens own gold physically in the same proportion. It also does not guarantee that this information is of a timely nature.20% of traders are long) – typically bearish Long positions are 3. The author has not received compensation for writing this article, other than from FXStreet. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.94% higher from last week Short positions are 6. Underlying physical gold Each token on Comtech Gold represents 1 gram of gold with prices hinged to the prevailing international gold rate. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.61% lower from last week We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Gold prices may continue to fall. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned.9 purity. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. The author has not received compensation for writing this article, other than from FXStreet. FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. As the network of Comtech Gold increases, one will be able to buy the tokens and redeem them at the time of their choice in smaller denominations at recognized retailers’ shops. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. All aspects of the token are completely auditable, right from creation to redemption. .