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PremiumOANDA:XAUUSD OUTLOOK: - Gold and silver prices have retreated in recent weeks, but their outlook remains constructive - If bond yields continue to push lower, precious metals could shine heading into 2024 - This article explores XAUUSD key levels to watch this week Gold prices have fallen in the past few weeks due to the easing of geopolitical tensions in the...
PRICE FORECAST OANDA:XAUUSD : - Gold consolidates above key support as yields rise and psychological limit gains improve. - DXY is trying to recover from Friday's sell-off. Gold prices are consolidating after another attempt at $2000/oz on Friday. Despite the weaker US dollar, we are seeing a slight recovery in US bond yields and an improvement in risk...
ANALYSIS & OUTLOOK OANDA:XAUUSD - Weaker US labor data and safe-haven demand boosted gold prices. - All eyes are on Fed Chairman Jerome Powell and Michigan consumer sentiment. - XAUUSD may experience some downsides. OANDA:XAUUSD BASIC CONTEXT Gold prices rose on the back of a weaker-than-expected Nonfarm Payrolls report, which showed higher unemployment...