Gold Price Forecast: XAU/USD struggles below $1,900 on mixed Federal Reserve talks Gold XAUUSD SEO Fed Inflation
of New York's monthly Survey of Consumer Expectations showed on Monday that the US consumers' one-year inflation expectation declined to 5% in December from 5.2% prior. Alternatively, the three-year ahead expected inflation remained unchanged at 3% and the five-year ahead expected inflation edged higher to 2.4% from 2.3%.
Also challenging the XAU/USD buyers was the receding bullish bias of the Moving Average Convergence and Divergence indicator.However, a fortnight-long ascending support line, close to $1,838 by the press time, could challenge the XAU/USD sellers afterward.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold Price Forecast: XAU/USD grinds higher ahead of United States InflationGold price (XAU/USD) seesaws around the highest levels since June, close to $1,866 by the press time, after printing the biggest daily jump in five we
Read more »
Gold Price Forecast: XAU/USD struggles to extend rally above $1,870, upside seems favoredGold price (XAU/USD) is hovering in a narrow range around the immediate hurdle of $1,870 in the Asian session. The precious metal is looking to extend
Read more »
Gold Price Forecast: XAU/USD bulls to take a breather before targeting $1,900Gold price is consolidating the two-day uptrend near the highest level in eight months at $1,880. XAU/USD could take a breather before recapturing $1,
Read more »
Gold Price Forecast: XAU/USD hits eight-month high, bulls retain control amid weaker US DollarGold Price Forecast: XAU/USD hits eight-month high, bulls retain control amid weaker US Dollar – by hareshmenghani Gold Commodities Fed Bonds SEO
Read more »
Gold Price Forecast: XAU/USD at risk of suffering a setback – CommerzbankGold price has chalked up gains at the start of the new year. Nonetheless, strategists at Commerzbank envisage a risk of setbacks in the yellow metal
Read more »
Gold Price Forecast: XAU/USD supported by negative real yields – Erste GroupXAU/USD increased by +9.9% in the fourth quarter. Negative real yields favour a rising Gold price, economists at Erste Group Research report. Gold to
Read more »