Ishares Gold Trust ETF News

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Gold surged over geopolitical tensions between the West and Russia over Ukraine. Following a three-week-long sideways grind, the break above the triple top at 1830 indicates strong commitment from the buy-side. 1850 is the next level to clear, which would lead to Novembers peak at 1877. The RSI has shot into the overbought area, and [] The post XAU/USD BreaksResistance appeared first on Action Forex .

OANDA Global bond yields slide as stocks rebound, US data, Oil pares gains, Gold steady, Bitcoin rallies Q4 2021 hedge fund letters, conferences and more US stocks breathed a tentative sigh of relief now that the bond market selloff appears to be taking a break. In just a few weeks, Wall Street has gone []

(Kitco News) - Gold prices took a routine rest day after scoring solid gains Wednesday, but silver bulls kept their foot on the gas to push prices sharply up. Both metals scored two-month highs today.

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Gold (XAU/USD) pares the stellar gains posted the previous day around $1,839, down 0.22% intraday during the initial Asian session as market sentiment

The $1,830 had been a major wall of resistance for gold longs and the successful demolition of it puts them on the strongest footing since November, said Sunil Kumar Dixit, technical strategist at skcharting.com. So long as gold keeps above $1,825, then the $1,860 target is very possible.

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Gold now up $22 on the day

(Kitco News) - The Indian CEO of the World Gold Council (WGC) has been on the wires discussing his thoughts on the Indian gold market. P.R. Somasundaram said that demand was affected by the pandemic due to lockdowns and the lack of weddings but there has been an increase in demand.

The price action around gold remains driven by the US Treasury yields and the dollar, as the narrative of aggressive Fed’s tightening of its monetary

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(Kitco News) - While most investors were disappointed with golds nearly 4% drop in 2021, one fund manager says that investors should see the precious metals price action in a more positive light.

Gold prices are poised to breakout as a multi-week range tightens below key resistance at 1830. The levels that matter on the XAU/USD technical charts.

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