Gold Holds $4,531 — Powell at 5:30pm Writes the Week’s Script
Gold opened the new week with a brief dip and an immediate recovery. XAU/USD touched $4,418 in the early Monday session before snapping back to $4,531 — a $113 intraday…
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Gold opened the new week with a brief dip and an immediate recovery. XAU/USD touched $4,418 in the early Monday session before snapping back to $4,531 — a $113 intraday…
Gold is heading into the final session of the week with the wind at its back. After Thursday’s claims-driven dip to $4,355 — which held the green demand zone and…
Gold is attempting another recovery. After yesterday’s sharp pullback — triggered by hotter-than-expected UK inflation data that briefly reignited dollar strength — XAU/USD found support near $4,420 and has since…
Gold is consolidating above $4,540 this Wednesday morning after one of its sharpest single-session recoveries since the post-FOMC collapse began. XAU/USD surged from $4,390 to a high of $4,588.231 during…
Gold is consolidating. After yesterday’s sharp reversal from the $4,100 area — a move that unfolded almost exactly as the morning analysis projected — XAU/USD is now trading around $4,390,…
Gold cannot find a floor. XAU/USD extended its post-FOMC collapse through the weekend after Fed Chair Powell’s Saturday speech offered no dovish relief, with price dropping to a session low…
The technical picture supports this read. The $4,510 low represents a full round-trip to levels not seen since early February — a zone where structural buyers have historically stepped in.…
Gold is in freefall. The Federal Reserve delivered a hawkish hold on Wednesday evening, and XAU/USD paid the price — dropping from above $5,015 to a current level of $4,770…
The direction of the breakout will almost certainly be determined by the Fed. FOMC — The Only Event That Matters Today At 8:00pm, the Federal Reserve delivers its rate decision,…
Gold has spent the better part of two days testing the same floor — and it has held every time. XAU/USD is trading around $5,012 on Tuesday morning, having bounced…