
XAU/USD Price forecast: Gold maintains the upside pressure above $4,400
XAU/USD Price forecast: Gold maintains the upside pressure above $4,400
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XAU/USD Price forecast: Gold maintains the upside pressure above $4,400

In this webinar we take an in-depth look at the technical trade levels for the US Dollar (DXY), Euro (EUR/USD), British Pound (GBP/USD), Australian Dollar (AUD/USD), Canadian Dollar (USD/CAD), Japanese Yen (USD/JPY), Swiss Franc (USD/CHF), Gold (XAU/USD), Crude Oil (WTI), Bitcoin (BTC/USD), S&P 500 (SPX500), Nasdaq (NDX), and Dow Jones (DJI). These are the levels that matter on the technical charts into the weekly open.

Pound Sterling Price News and Forecast: GBP/USD edges higher as traders await UK jobs and CPI data

British Pound: Bullish bias with data risk ahead against US Dollar – Scotiabank

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The gold market has continued to be very noisy as we are bouncing around just below the $4,500 level, an area that would cause a lot of resistance and headline noise.

Silver accelerates above $66 as Fed expectations shift

The silver market has been slightly positive in early trading on Monday, as traders continue to question where risk appetite is heading. With the Middle East, interest rates, and the dollar moving, silver is asking questions.

Euro: Bullish momentum eyes mid‑1.17s against US Dollar – Scotiabank

Gold was higher first thing this morning, extending its gains made on Friday when softer US retail sales data undermined the dollar. But with the US-Iran situation continuing to drag on, oil prices are remaining elevated, and this is helping to keep inflationary pressures intact and supporting bond yields.

In the short-term forex markets, we have seen a bit of US dollar soften a touch. At this point, the markets continue to see volatility.

Gold: Investors extend longs but hedge risks – TD Securities

The Euro managed to resume the advance to close towards the first target at 1.1620. As we see from the chart, prices face support around 1.1470-80 while as long as the market holds above it, the advance may could continue towards 1.1685 and above.

GBPUSD is testing the 1.3555 resistance as the chart shows the ability for more advance. As we see over the chart and as long as the market holds above 1.3470, more advance is likely toward 1.3655 and 1.3730.

The Yen gave back some of its recent advance that was triggered by US and Japanese intervention. The pair printed above the 158.05 resistance which indicated a wider range for rebound towards the 160.85 resistance.