- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Gold Price Forecast: XAU/USD retreats sharply to $1950, trimming daily gains
Gold Price Forecast: XAU/USD retreats sharply to $1950, trimming daily gains
- Gold loses momentum after a sharp rally and trims gains.
- Yellow metal up for the third consecutive day, but off highs.
- Key data ahead: US inflation on Tuesday.
Gold is rising on Tuesday for the third consecutive day although it trimmed gains during the last hour, creating doubts about the sustainability of the current rally. The price peaked at $1969.70, the highest since March 14 and then dropped to as low as $1945.60. As of writing, it is hovering around $1952, up six dollars from Friday’s close.
Volatility in metals jumped on Monday. Silver also trimmed losses. XAG/USD peaked earlier at 25.37 and is back below 25.00.
The correction from the new top in gold took place probably amid some profit-taking and as US yields moved further to the upside. The US 30-year yield stands at 2.81%, the highest since May 2019. Sharp moves to the upside in XAU/USD are likely to remain unstable or vulnerable to relevant corrections, while the trend in US yields is positive.
Also, a stronger US dollar contributed to gold’s pullback. The DXY is back above 100.00, up 0.20%, on it way to the highest daily close since May 2020. US stocks are down, with the Dow Jones falling 0.51% and the Nasdaq losing 1.75%.
The short-term bias in gold is positive, not as strong as it was hours ago. A daily close above $1960 should reinforce the bullish outlook. On the contrary, a decline under $1943, would expose the 20-day Simple Moving Average at $1932. The critical support is the $1915 zone.
Technical levels
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
