FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

The 1-hour (H1) chart for Gold (GOLD) shows continued positive price action and movement within overlapping bullish channels. The price is currently trading around the 4366.42 level, driven by positive...

Gold (XAU/USD) is showing moderate intraday gains, gradually moving above the 200-day EMA. As the US dollar has pulled back from its two-week high, this has provided some additional support...

Today gold interrupted a two-day decline and gained about 1.1%, rising above $4,340 per ounce. The market still prices roughly a 93% probability of a rate hike after hotter-than-expected inflation...

Gold Technical Analysis It appears that the price of gold is heading for further decline; let us examine the chart indicators that lead to this forecast. Daily Chart...

Gold (XAU/USD), after marking a new monthly low, returned above $4,300. Further declines are being restrained as traders await key central-bank decisions this week before committing to a final directional...

Gold stabilized around $4,320 after an attempt to rise late last week. Silver fell 0.5 percent to $64.19, while platinum and palladium were nearly unchanged. The pressure came from...

Gold (XAU/USD) is showing a moderate intraday recovery after falling to $4,300, its lowest level in the past week and a half, earlier in the session. At present, prices have...

Gold has pulled back slightly to $4,331.29 per ounce today, but is confidently heading for a weekly decline of 2.2 percent. The metal lost 1.8 percent the previous day. Silver...

Concerns about energy-driven inflation are bolstering the prospect of Fed tightening and further constraining gold price gains. Gold (XAU/USD) has eased slightly, interrupting a two-day advance amid a modestly stronger...

Gold (XAU/USD) is struggling to recover after reaching an almost four-week low earlier on Wednesday, maintaining a moderately negative tone. However, the US dollar continues to strengthen, preventing the precious...