[XAU/USD] Falls Below Channel Support
Due to the certainty of Trump’s re-election, the dollar has strengthened across the board, which has accelerated the drop in gold prices. Gold has fallen below the middle line of …
[XAU/USD] Buying Dollar against Trump
Today, as results from the U.S. presidential election gradually become clear in Tokyo time, if Mr. Trump appears to be in the lead, people may start buying the Dollar, which …
[XAU/USD] Gold Prices Expected to Stay Strong Amid U.S. Election Uncertainty
With the U.S. presidential election just around the corner, U.S. long-term interest rates have dropped, leading to early selling pressure on the dollar. Gold prices rose to $2,748, but gains …
[XAU/USD] Weekly Outlook: Impact of U.S. Election, FOMC, and Geopolitical Risks
Last week, the Bank of Japan showed a more hawkish stance, which led to strong selling of gold. Although there was some buying back afterwards, U.S. long-term interest rates rose …
[XAU/USD] Gold Market Forecast Amid Global Risks and Profit-Taking
Gold has been reaching new high prices every day recently. In the Tokyo market, gold hit a record high of $2,801, but yesterday, prices started to fall. This drop was …