CCY:XAUUSD

Xau/usd Currency Pair News

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$4,075.79
+23.06 (+0.569%)
At Close: Aug 04, 2026
Gold (XAU/USD) at risk of pullback: rate cuts priced in, technical signals weak, geopolitical shifts possible. Key economic data to watch.
Gold price sinks by more than 1.50% on Friday and hovers around $2,400 as traders book profits ahead of the weekend. The golden metal could finish the week with losses close to 1% after hitting an all
Every now and then, something unlikely happens – but not right now.
Gold continues bearish retracement, testing key support at 2,389 with potential further decline to 61.8% retracement at 2,366.
United States CFTC Gold NC Net Positions rose from previous $254.8K to $285K
Gold gained strong downside momentum after a successful test of the support at $2445 – $2450.

Gold's blue screen of death – TDS

10:49am, Friday, 19'th Jul 2024
Positioning risks are asymmetrically skewed to the downside for the first time in months, TDS Senior Commodity Strategist Daniel Ghali notes

Gold: Reversal or Typical Retreat?

10:32am, Friday, 19'th Jul 2024
Gold made an impressive 3% surge during the week, breaking May's all-time highs. However, it then retreated to the downside, selling off throughout the second half of the week.
The gold market initially rallied a bit to the upside, only to give that back and show signs of negativity. Ultimately, this is still a positive trend, but at the end of the day, we have a lot of buyi

Gold – 19.07.2024

09:40am, Friday, 19'th Jul 2024
Gold managed to head for another correction movement as we predicted this week and managed to break below the 2430 support. As we see over the chart, Intraday Levels show supports around 2410 and 2388
The Gold price rose to a record high this week, buoyed by expectations of early Federal Reserve (Fed) interest rate cuts, Commerzbank's commodity strategist Carsten Fritsch notes.
Gold is trading back around the $2,400/oz. level after posting a fresh multi-decade high earlier this week.
The gold market plunged in the early hours of Friday, as the market participants seemingly jumped back into the US dollar. The $2400 level now becomes very important in the short-term, and it will be
On Thursday, July 18, U.S. stock markets closed lower, reversing early gains as investors moved away from high-priced megacap growth stocks amid second-quarter earnings season. All major indexes dropp
Gold retreats from record high amid Fed rate cut speculation. Analysts eye $3,000 target, but short-term caution advised.
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