[XAU/USD] Doji Candlestick at the Top
Yesterday, the Tokyo market was closed, and gold reached a high price. However, it later started to fall. On the daily candlestick chart, a Doji candlestick has appeared at a …
[XAU/USD] Trade Tensions and the Shift Away from the Dollar
The Trump administration announced a 25% tariff on aluminum and steel for all countries. This raised concerns about worsening trade tensions, leading to increased gold buying. As a result, gold …
[XAU/USD] A Pullback in Gold is a Buying Opportunity
Last weekend, the U.S. jobs report showed that the labor market is strong. Because of this, U.S. long-term interest rates went up. Before the report, interest rates had gone down, …
[XAU/USD] Profit-taking Sell-off
Gold reached a new all-time high yesterday, but U.S. long-term interest rates also increased. Today, ahead of the U.S. employment report, some traders are selling to take profits and adjusting …
[XAU/USD] Weaker Dollar Pushes Gold Higher
Gold buying continues without stopping. Yesterday, during New York trading hours, the U.S. January ADP employment report and ISM non-manufacturing data were released. Both were lower than expected. Because of …
[XAU/USD] NY Stocks Rise and Trade Tariff Battle
The U.S. government decided to extend tariffs on Canada and Mexico for one more month. This gave investors a sense of relief. However, China announced new tariffs against the U.S. …
[XAU/USD] Increased Volatility
The Trump administration decided last weekend to impose a 25% tariff on Mexico and Canada. Because of this, gold prices fell at the beginning of the week. However, when news …
[XAU/USD] Gold Rises Over $200 in One Month
Last week, gold reached a new highest price and increased by more than $200 in just one month. The U.S. government, under Trump, placed a 25% tariff on Mexico and …
[XAU/USD] ECB Rate Cut and Trump’s Tariffs
Yesterday, the European Central Bank (ECB) decided to cut interest rates by 0.25%. This made gold more attractive because gold does not pay interest. As a result, gold prices went …
[XAU/USD] Hawkish FOMC Meeting
Before the FOMC meeting, gold prices in the Tokyo market fell as traders adjusted their positions.As expected, the FOMC decided to keep interest rates the same, with all members agreeing. …