Gold price hits fresh record highs of $3,358 early Thursday, then retreats. US-Japan trade optimism lifts risk sentiment and the US Dollar alongside. Heavily overbought RSI on the daily chart continue to caution XAU/USD buyers. Gold price has paused its record run to near the $3,360 region early Thursday as buyers digest this week’s
Gold price rebounds toward record highs of $3,246 after the previous pullback. Trump’s back-and-forth on tariffs creates uncertainty, underpinning Gold’s safe-haven appeal. Gold remains poised for a fresh leg higher on bullish technical setup on the daily chart. Gold price is bouncing back toward the record highs of $3,246 set on Monday as buyers
Gold price builds on Friday’s pullback from record highs of $3,245 early Monday. Trump’s lower tariffs on Chinese electronics and chips offer relief to markets. Technically, Gold could see a brief correction before the next leg up. Gold price is sustaining its retreat from all-time highs of $3,245 reached on Friday, reverting toward $3,200
Gold price consolidates the previous rebound after testing $3,100 early Thursday. Deepening US-China trade war and renewed US Dollar downtick support Gold price. Gold price broke the range to the upside as the daily RSI reclaimed the 50 level. Gold buyers look forward to the US CPI data for the next trading impetus. Gold
Gold price jumps over 2.5% on Wednesday with US tariffs being switched on. China meanwhile retaliated while secretary Bessent issues a warning for China on devaluing its currency. Gold bounces from the sub-$3,000 region to just below $3,070 at the time of writing. Gold price (XAU/USD) bounces higher and recovers to $3,045 at the time
Gold price jumps over 2% on Wednesday with US tariffs being switched on. Risk-off mood and rising bets of Fed rate cuts amid recession fears also benefit Gold. Gold bounces from the sub-$3,000 region to just below $3,050 at the time of writing. Gold price (XAU/USD) bounces higher and recovers to $3,045 at the time
Gold price jumps over 2% on Wednesday with US tariffs being switched on. Risk-off mood and rising bets of Fed rate cuts amid recession fears also benefit Gold. Gold bounces from the sub-$3,000 region to just below $3,050 at the time of writing. Gold price (XAU/USD) bounces higher and recovers to $3,045 at the time
Gold price eyes a sustained move above $3,000 early Tuesday amid risk reset. Escalating US-Sino trade tensions, China’s support measures revive the US Dollar downside. Gold price is at a critical juncture above the 50-day SMA support at $2,947 while the RSI strives to turn bullish. Gold price is building on its rebound from one-month
Gold price treads water above $3,100 on NFP day after Trump’s tariffs-led volatile Thursday. US recession fears and dovish Fed bets again drag the US Dollar and US Treasury yields lower. China continues to boost its Gold reserves, underpinning the Gold price. Technically, Gold price remains a ‘buy-the-dips’ trade so long as 50-day SMA at
Gold price unable to break back above $3,100 as market rout continues for a second day. China retaliates and issues 34% tariff on all US goods. Gold pressured by more profit-taking and looking for support to bounce off from. Gold price (XAU/USD) is trying to reclaim $3,100 and is at that level at the time