Tag: Gold price forecast
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Gold and Silver Price Forecast: Fed Watch Could Spark the Next Breakout
Market Overview: Gold Above $5,240 as Fed Expectations Loom Gold (XAU/USD) extended its bullish run, holding above the key $5,240 level and nudging toward a fresh high near $5,247 in recent sessions. The advance has been supported by a softer U.S. dollar and persistent geopolitical tensions, which tend to boost demand for the precious metal…
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Gold Price Forecast: XAU/USD Faces Resistance Near $4,445 Amid Rising Tensions
Overview: Gold climbs on geopolitical tensions Gold prices surged as investors graphed the latest geopolitical developments, with XAU/USD rebounding sharply on Monday. The precious metal traded around $4,435 at the time of writing, marking a near 2.4% daily gain. The move comes as geopolitical tensions escalate following the United States’ intervention in Venezuela over the…