Hello, After a consolidation phase near $2,640, gold gains traction and rises to the $2,650 region. The benchmark 10-year US Treasury bond yield is lower following the release of weak macroeconomic data from the US, helping XAU/USD to rise higher....
The EUR/USD currency pair experienced a sharp decline at the beginning of the week, falling below the psychologically significant 1.0500 level. However, a modest recovery followed, with the pair reaching 1.0530 on Wednesday as buyers stepped in....
Gold prices experienced a modest increase during the North American trading session on Wednesday, driven by mixed US economic data. However, subsequent comments from Federal Reserve Chairman Jerome Powell led to a slight decline in the non-yielding...
The currency pair has recently rebounded from a dip during the U.S. trading session and is now trading just above the 1.4050 mark, within striking distance of its highest point since August, which was touched the previous day. However, this intraday...
XAU/USD has been showing a promising bullish trend recently, with the formation of two consecutive Japanese Hammer candlesticks on Tuesday and Wednesday, signaling potential upward movement. This price action, coupled with a solid green close on...
