- From heraeus.com|3 hr ago
The gold price tends to rise following the first cut of US interest rate cycles. On average since 1984, one calendar year after the Federal Reserve first cuts its rate after a hiking cycle, gold is 10% higher than the day of the decision to reduce interest rates, and after two years is 18% higher. The dollar tends to weaken, yields on US Treasuries fall, ...
- From home.saxo|2 hr 52 min ago
Gold has continued its sell-off breaking straight through support at 1,870 closing in on key support at around 1,804. RSI is showing negative sentiment with no divergence indicating lower levels from here. It is however, signaling that Gold is moving in to oversold territory. An exhaustive move down to 1,800 level should be expected. 0.618 Fibo retracement ...
- From marctomarket.com|Sep 30, 2023