Spot Gold prices took an early tumble from the week's opening bids, sliding from Monday's $1,933, declining into $,1908 in early Monday trading before
Spot Gold took an early dip in Monday trading, testing into $1,908 before recovering alongside the rest of the market. Investor sentiment has broadly returned to risk-on after last week's souring. XAU/USD has flattened out heading into a hectic Tuesday trading session. XAU/USD recovered investor sentiment alongside the broader market. Last week saw investor risk appetite get snarled on the escalation of the Israel-Hamas conflict the weekend before last.
The 50-day SMA is marking in a floor beneath prices, providing technical support from the $1,900 major handle, and price action is caught between the two moving averages. XAU/USD's bullish reversal from early October's bottoms into $1,810 leaves spot Gold hung up in familiar territory, after Gold initially fell into the region after July's drop from the $1,980 neighborhood. XAU/USD Daily Chart XAU/USD Technical Levels XAU/USD Overview Today last price 1920.62 Today Daily Change -12.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold and Silver Price Forecast: Geopolitics Send XAU/USD & XAG/USD FlyingThis article examines the outlook for gold and silver for the coming weeks, analyzing the geopolitical and technical factors that could guide the trajectory of these key precious metals.
Read more »
Gold Price Forecast: XAU/USD hovers around $1,925 amid the geopolitical tensions, Chinese stimulus hopeGold price (XAU/USD) posts modest losses around $1,925 during the early Asian session on Monday. The market sentiment is mixed as investors have some
Read more »
Gold Price Forecast: XAU/USD correction could extend after Friday’s 3% upsurgeGold price is retracing a small portion of Friday’s massive surge to the highest level in three weeks at $1,933. The United States Dollar (USD) stays
Read more »
XAU/USD Price Forecast: Tempered Start for GoldGold prices moderated after last week’s push higher but a close eye will be on the ongoing Israel-Palestine war alongside US specific factors.
Read more »
Gold Price Forecast: XAU/USD gets rejected by the 200-day SMA, US yields riseAt the beginning of the week, the XAU/USD retreated towards $1,920 and consolidated Friday’s rally, which saw the spot price rising by more than 3%. M
Read more »