Gold Price Technical Analysis

Spot Gold Price Technical Analysis: Above $1907 Next Key $1922

Spot Gold Price Technical Analysis: Boosted by a weaker dollar and growing inflationary pressures, gold prices rose to a near five-month high on Tuesday. The spot gold was up 0.2 per cent at $1,911.45 per ounce by 0255 GMT, after hitting its highest since Jan. 8 at $1,914.26 earlier in the session.

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MCX Gold Mini

MCX Gold Mini All Target Hit 47125 to 47549 – Neal Bhai Reports

MCX Gold Mini All Target Hit: It has finally happened – Gold has staged a convincing break above the $1,800, hitting a high of $1,814.58 at the time of writing. Falling US Treasury yields have prompted investors to buy gold, and cascading stop-losses have also been attributed to the upswing in the price of the precious metal.

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फेड मीटिंग से पहले ट्रेजरी यील्ड कमजोर होने से सोने में तेजी

Gold Support Key $1760—$1755, Bearish Technicals

Gold support and resistance Key for today: Gold prices pulled back nearly $20 from 7-week highs of $1790 on Wednesday, finishing the day slightly in the red. The rebound in the US Treasury yields triggered the correction in the metal. Bear cross on 1H chart and RSI below 50.00 point to the downside.

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MCX Gold to Trade Sideways: Support at Rs 50300 [29-Aug-2022]

Gold Price Forecast & Analysis: $1750 to Cap The Upsider

Gold Price Forecast & Analysis: Gold is edging higher in Tuesday’s trading so far, benefiting from falling Treasury yields and tepid risk tone. Markets appear to have turned risk-averse, re-assessing their bets on faster US economic recovery amid a potential hike in tax rates while covid restrictions in Europe also dampen the mood.

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