The yellow metal's price edged higher by 267 pips or 1.55% on Wednesday. The surge was stopped by the 100– hour simple moving average during yesterday's trading session. Economic Calendar Analysis On Thursday, at 12:30 GMT, the US Producer Price Index is set to reveal more information about inflation in the United States. XAU/USD short-term forecast All things being equal, the
On Tuesday, the XAU/USD exchange rate edged lower by 148 pips or 0.85%. The commodity traded above the 1720.0 level during Tuesday's trading session. Economic Calendar Analysis On Wednesday, at 12:30 GMT, the US Core Consumer Price Index is bound to cause USD volatility, which could impact the commodity. Afterwards, on Thursday, at 12:30 GMT, the US Producer
The XAU/USD exchange rate bounced off a support level at 1686.0 on Monday. As a result, Gold surged by 634 pips or 3.76% against the US Dollar during yesterday's trading session. Economic Calendar Analysis On Tuesday, the US Prelim Nonfarm Productivity release at 12:30 GMT could cause a minor move on USD pairs. However, note that during most times the
The yellow metal's price has plummeted by 6.55% since Friday's trading session. However, the commodity rebounded from a support line at 1686.1 during the Asian session on Monday. Economic Calendar Analysis On Tuesday, the US Prelim Nonfarm Productivity release at 12:30 GMT could cause a minor move on USD pairs. However, note that during most times the event does not cause
The 100– hour simple moving average provided resistance for the precious metal on Thursday. As a result, the XAU/USD exchange rate fell by 132 pips or 0.73% during Thursday's trading session. Economic Calendar Analysis The week will end with the Friday's release of the US employment data at 12:30 GMT. The event consists of the release of the US Average
The yellow metal's price tested the 1830.00 level on Wednesday. However, the XAU/USD exchange rate surrendered the earlier gains at the end of Wednesday's trading session. Economic Calendar Analysis The week will end with the Friday's release of the US employment data at 12:30 GMT. The event consists of the release of the US Average Hourly Earnings,
On Tuesday, the yellow metal's price drooped by 55 pips or 0.30%. The 200– hour simple moving average provided support for the commodity during Tuesday's trading session. Economic Calendar Analysis On Wednesday, at 14:00 GMT, the US ISM Non-Manufacturing PMIs is set to be released. The week will end with the Friday's release of the US employment data
The XAU/USD exchange rate bounced off a support level formed by the 200– hour simple moving average at 1808.23 on Monday. As a result, the commodity surged by 127 pips or 0.70% during Monday's trading session. Economic Calendar Analysis On Wednesday, at 14:00 GMT, the US ISM Non-Manufacturing PMIs is set to be released. The week will end with
On Friday, the yellow metal's price plummeted by 195 pips or 1.07%. The commodity breached the 55– hour simple moving average during Friday's trading session. Economic Calendar Analysis Next week, on Monday, the US ISM Manufacturing PMI could cause a move. On Wednesday, at 14:00 GMT, the US ISM Non-Manufacturing PMIs is set to be released. The week will end with
On Thursday, the yellow metal's price managed to pass the resistance of the zone that is located near the 1,825.00 mark. On Friday morning, the price confirmed the zone as support. Meanwhile, the July high level zone has been marked on the chart. The zone provided resistance on Thursday and caused the most recent retracement back down. Economic Calendar Analysis Next
On Wednesday, the Federal Reserve's monetary statement caused a drop, which tested the support zone below the 1,795.00 mark. The support zone held and the yellow metal's price started a surge, which passed the resistance of the 55, 100 and 200-hour simple moving averages and broke the upper trend line of a channel down pattern. By the middle of Thursday's trading,
The support of the 1,795.00 price level held on Tuesday. Afterwards, the bullion surged to the resistance of the 200-hour simple moving average near 1,807.00 On Wednesday, the rate had bounced off the SMA and declined to the 1,800.00 level. Economic Calendar Analysis The top event of all will take place on Wednesday at 18:00 GMT. The US
The 1,810.00 level provided enough resistance for the price of gold to start a decline. On Tuesday morning, the price had reached below the 1,800.00 level and traded between the 1,795.00 and 1,800.00 levels. Economic Calendar Analysis The top event of all will take place on Wednesday at 18:00 GMT. The US Federal Reserve is scheduled to make
On Monday morning, the yellow metal traded above the 1,800.00 level. Meanwhile, support was being provided by the combination of the 100-hour simple moving average and the 1,805.00 level. Resistance was being found in the 1,810.00 level and the 200-hour simple moving average. Economic Calendar Analysis The top event of all will take place on Wednesday at 18:00
The yellow metal's price edged higher by 0.73% on Thursday. The surge was stopped by the 100– hour simple moving average at 1808.01 during Thursday's trading session. Economic Calendar Analysis Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical Reactions XAU/USD short-term forecast Given that
The 200– hour simple moving average pressured the XAU/USD exchange rate on Wednesday. As a result, the commodity fell by 151 pips or 0.84% during yesterday's trading session. Economic Calendar Analysis Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical Reactions XAU/USD short-term forecast All
On Tuesday, Gold declined by 185 pips or 1.02% against the US Dollar. The commodity breached the 55-, 100– and 200– hour SMAs during Tuesday's trading session. Economic Calendar Analysis Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical Reactions XAU/USD short-term forecast Bearish traders are
During the second part of Monday's trading session, the yellow metal's price surged by 150 pips or 0.83%. The currency pair breached the 200– hour simple moving average at 1811.8 on Tuesday morning. Economic Calendar Analysis Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical Reactions XAU/USD
The yellow metal's price fell by 215 points or 1.17% during Friday's trading session. The decline was stopped by the 200– hour simple moving average at 1811.00 on Friday. Economic Calendar Analysis Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical Reactions XAU/USD short-term forecast The commodity
The yellow metal failed to properly reach the 1,835.00 level before starting a retracement down. The retracement ended just above the 1,820.00 level. Since the middle of Thursday's trading, the metal has traded between the mentioned price levels. Economic Calendar Analysis Today, the release of the US Retail Sales data at 12:30 GMT could cause an increase of volatility. On Friday,
On Thursday, the yellow metal's price passed the resistance of the 1,830.00 level. The price managed to do so after finding support in the 1,820.00 level. Economic Calendar Analysis On Thursday, the weekly US Unemployment Claims could cause minor USD moves. The week will end with the US Retail Sales data at 12:30 GMT. Click on the link below to find out
At 12:30 GMT on Wednesday, the yellow metal's price jumped due to the release of the US Producer Price Index. The metal managed to pass the resistance zone, which was located below the 1,820.00 level. However, following the surge, the price found resistance in the 1,830.00 mark. Economic Calendar Analysis On Thursday, the weekly US Unemployment Claims could cause minor
The yellow metal found support in the zone above the 1,790.00 level. Meanwhile, as the price was being approached by the 200-hour simple moving average, a recovery began. By the middle of Tuesday's European trading hours, the bullion had reached above 1,810.00. Economic Calendar Analysis On Tuesday, the US Consumer Price Index at 12:30 GMT is expected to impact all
On Monday morning, the yellow metal passed the support of the channel up pattern, which had guided the rate since June 29. Moreover, the 55 and 100-hour simple moving averages failed to provide the rate with support. However, the price found support in the 1,800.00 level. Economic Calendar Analysis On Tuesday, the US Consumer Price Index at 12:30 GMT is