Bullion
Gold tests 50-day SMA support ahead of NFP
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07 JUN clock 13:25

Gold tests 50-day SMA support ahead of NFP

Gold fell by over 1% within minutes of news that the PBOC halted its gold purchases for the first time since October 2022! And there could be more volatility for the precious metal when the US jobs report arrives in just a couple of hours.
GOLD consolidates under 21-period SMA ahead of US PCE reading
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31 MAY clock 10:20

GOLD consolidates under 21-period SMA ahead of US PCE reading

PCE reading (the Fed's preferred way of measuring inflation) could potentially influence the Fed's interest rate decision at the next meeting. Higher for longer interest rates could contribute to the rise of the US dollar, pushing the price of the zero-yielding metal lower.
XAUUSD rebounds after reaching one-week low at $2326.78
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24 MAY clock 10:32

XAUUSD rebounds after reaching one-week low at $2326.78

Gold has rebounded moderately, with XAUUSD bulls now trying to get back above the 21-period SMA. Yesterday's ~2% drop to a one-week low came after the release of the FOMC minutes.
Gold is edging higher towards $2400 psychological level
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17 MAY clock 10:28

Gold is edging higher towards $2400 psychological level

Gold is bouncing back towards the $2400 psychological level after slightly weaker US macroeconomic data was released this week.
Gold is on the way to reach $2400 again?
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10 MAY clock 10:24

Gold is on the way to reach $2400 again?

XAUUSD is moving higher towards the psychological level of $2400 after the latest US jobless claims data, which increased bets for a Fed rate hike.