-
Gold Looking to Find 4K
Gold continues to rally during the early hours here on Monday. As it looks at this point time, we're going to do everything we can to get to the $4,000 level. The last couple of months have been extraordinarily bullish, and we've barely had a pullback. Keep in mind that we had initially broken above a significant ascending triangle in the beginning of September and it's basically been straight up in the air since then. The $4,000 level will of course offer a certain amount of psychological resistance but there's nothing particularly special about it. One would think that there's a lot of options barriers there so ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From fxstreet.com | Oct 7, 2025
Gold (XAU/USD) continues its historic climb, notching yet another all-time high near $3,991 on Tuesday. The precious metal’s advance reflects deepening market anxiety as investors seek refuge in safe-haven assets amid the prolonged United States (US) government shutdown and mounting expectations of further interest rate cuts by the Federal Reserve (Fed). At ...
From fxstreet.com | Oct 6, 2025
Gold (XAU/USD) extends its historic run beyond $3,900 on Monday, notching one record high after another as the prolonged United States (US) government shutdown, dovish Federal Reserve (Fed) bets, and renewed political jitters in Europe keep safe-haven demand elevated. At the time of writing, XAU/USD is trading near $3,957 during the American session. The ...
From monetamarkets.com | Oct 7, 2025
Market sentiment remains fluid as investors balance renewed dollar strength against shifting global policy expectations. With key US inflation data and central bank commentary ahead, volatility across commodities and currencies is likely to persist. Traders will continue to watch the interplay between fiscal risks, yield movements, and global demand signals ...
