The setup in Gold markets is tactically bearish – TDS
Gold (XAU/USD) prices remain near all-time highs, but the associated narratives are stale, TDS senior commodity strategist Daniel Ghali notes. Risk of a positioning washout is the highest of the year Macro fund positioning is statistically...
Gold Price Forecast: XAU/USD holds above $2,450
Gold price posts modest gains around $2,465 in Wednesdays early Asian session. Theescalating tensions in the Middle Eastincrease safe-havendemand, benefiting Gold. The US July Consumer Price Index report will be the highlight on Wednesday....
Gold upside limited by overextended positioning
Gold is consolidating under chart resistance as falling US yields and a tense geopolitical backdrop support the metal. Upside may be limited, however, by overextended positioning. The precious metal is at the top of a range-bound consolidat...
Gold within striking distance of all-time high
Gold is approaching its all-time high of mid-July again, Commerzbanks commodity analyst Carsten Fritsch notes. New record high is therefore only a matter of time The geopolitical tensions in the Middle East and speculation about upcoming in...
Gold price trims part of overnight gains amid risk-on mood
Gold price pulls back from the vicinity of the monthly peak retested earlier this Tuesday. Bulls opt to lighten their bets amid a positive risk tone and ahead of the US inflation data. Geopolitical risks and bets for a 50-bps rate cut by th...
Gold rises on geopolitics and Fed rate cut expectations
Gold continues to edge higher as fears of an escalation of the Gaza conflict and falling interest-rate expectations support the metal. US inflation data out this week could color expectations of the trajectory for interest rates. The precio...