Gold price corrects from near all-time highs early Friday, anticipating US PMI data. US Dollar attempts a comeback amid cautious mood, despite sluggish US Treasury bond yields Gold price remains exposed to upside risks, as the daily technical setup indicates. Gold price is on a corrective move lower from near record highs of $2,955 set
Gold price stalls rebounds and treads water, bracing for US-Russia bilateral talks. The US Dollar finds footing as nervousness seeps in; US Treasury yields attempt a bouce. Gold price could see a fresh leg down toward $2,850 but bullish bias remains intact. Gold price is treading water near $2,900 early Tuesday, struggling to build
Gold price treads water below the monthly high of $2,725 early Friday. The US Dollar and Treasury bond yields sustain correction amid renewed dovish bets. Gold traders could cash in, repositioning for Trump’s inauguration on Monday. Technically, Gold price remains a ‘buy-the-dip’ trade, per the daily chart. Gold’s price has paused its three-day uptrend