Gold: Is this time different? – TDS
Positioning cues are flashing red in Gold markets on several fronts, such that fund managers are now only likely to be vindicated in an imminent recession or with a broadening composition of Gold investors, TD Securities Senior Commodity St...
Gold price set to stay at around $2,500 by year-end
Gold (XAU/USD)touched a new all-time high on Friday. Upcoming interest-rate cuts by the Federal Reserve should continue to support prices,Commerzbanks Commodity Analyst Carsten Fritsch notes, raising the forecast for Gold priceto $2,500 per...
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...