Gold is attempting to stabilize after a sharp decline, with XAU/USD rebounding from a pivotal support zone that could define the broader trend. This level has emerged as a key inflection point, where a sustained hold would support a recovery scenario, while a break would signal a deeper correction.
United States CFTC Gold NC Net Positions climbed from previous $159.6K to $163.3K
India's Gold romance persists: 11 straight months of ETF inflows and no sign of stopping
Gold swells as Middle East peace hopes hit the US Dollar
The gold market gapped lower on Friday, but then turned around to show its resilience, and the underlying pressures to the upside. I like gold, but there are a lot of issues at the moment.
Gold shines again in the United Kingdom: Investors rush to ETFs as market sell-off bottoms out
Gold: PBoC buying underpins central bank demand – Commerzbank
Gold managed to pass above the resistance of 4680 which could lead to a further advance towards target 4765-95. As we see over the chart.
Gold holds firm ahead of US NFP report as Middle East tensions remain in focus
Gold: Chinese reserve buying underpins prices – ING
Gold prices climb ahead of Nonfarm Payrolls as traders weigh Fed rate cut expectations, weaker yields and easing oil prices.
Gold Price Forecast: XAU/USD holds gains above $4,700 amid US Dollar weakness