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Tag: Thursday

2025-08-07 20:05:00 admin

Gold Price Prediction XAUUSD: Will Bulls Defend 50-Day Moving Average as Fed Rate Cut Expectations Rise?

Gold price rises as safe-haven demand returns. Tariffs and Fed rate cut bets support XAU/USD above key 50-day moving average.Safe-Haven Demand Lifts XAU/USD—Can It Hold Above the 50-Day Moving Average?Daily Gold (XAU/USD)Spot gold extended gains on Thursday as traders responded to renewed safe-haven demand, driven by the implementation of aggressive U.S. tariffs and mounting expectations for Federal Reserve rate cuts.At 11:01 GMT, XAU/USD is trading $3373.57, up $4.300 or +0.13%.The yellow metal

2025-06-27 18:43:00 admin

Gold and Silver Prices Hold Steady in Consolidation Phase Ahead of Key US PCE Inflation Data Release – Technical Analysis

Key Points:Gold (XAU/USD) consolidates above the $3,300 support level.Silver (XAG/USD) finds support near $35.30 and looks poised to move higher.US Dollar Index (DXY) continues to decline below the 98 support level.Gold (XAUUSD) pulled back on Thursday despite ongoing weakness in the US Dollar. The retreat came as traders shifted focus toward risk assets, driven by a bullish mood in global equity markets. The recent rally in US equity indices has led to limited demand for safe-haven assets, such