In this article, Elev8 broker shares its view on the upcoming Fed decision, suggests key factors to watch, and outlines three potential scenarios for XAUUSD.
Gold gapped higher to kick off the week, as we are looking at a market that continues to see a lot of interference from external pressures.
It's been surprising to hear how hawkish Kevin Warsh has been so far, but this may be by design, giving the Central Bank head.
Weekly forex forecast: EUR/USD, XAU/USD, GBP/USD, USD/JPY, Bitcoin and more [Video]
Gold still building the triangle formation as we see over the chart where support at 3960-70 and resistance at 4150-65 market facing Intraday supports at 4080 and 4035 where each support may keep the chance for farther advance to test the resistance trend triangle Below 4035 more drop is likely while support 3960-70 may activate […]
Gold Price Forecast: XAU/USD is looking for direction around $4,100
Gold firms as Oil prices fall on temporary US-Iran pause
Gold was among the gainers at the start of the week, as the metal started trading on Monday with gap higher and advanced around 1.5% in Asian trading.
XAU/USD outlook: Gold benefits from the latest easing of tensions in the Middle East
Gold and silver head into a pivotal Fed week as ETF inflows and central bank buying support long-term demand. Explore the latest XAUUSD and XAGUSD outlook.
Gold holds steady as Fed decision and Middle East risks stay in focus
Gold edges higher as US-Iran diplomacy and weak oil weigh on USD ahead of FOMC meeting