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Gold Price Analysis: Battle lines well-defined for XAU/USD amid pre-Fed caution – Confluence Detector

Gold Price Analysis: Battle lines well-defined for XAU/USD amid pre-Fed caution – Confluence Detector

Gold (XAU/USD) is buying and selling with slight features on Tuesday, attempting difficult to lengthen the preceding positive factors to recapture the $1740 level. Gold finds aid from the throwback in Treasury yields whilst the…

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Gold Price Analysis: XAU/USD ignores US dollar’s dead cat bounce to pick up bids above $1,830

Gold Price Analysis: XAU/USD ignores US dollar’s dead cat bounce to pick up bids above $1,830

Gold buyers defend $1,830 whilst Friday’s run-up pauses for fresh push to the north. US NFP, percentage backed Biden, Yellen and Fed to dismiss rate hike pressure. Equities, commodities cheered US dollar’s drop but lack of major reaction afterward confuse the brilliant metal…