-
Gold Bull Defend Support With Fresh ATHs a Short Drive Away
Gold prices have put in a strong bounce from the $4,285 level as buyers vie to hold the metal above $4300 into a heavy batch of event risk. If we do see strength in the labor market or higher-than-expected inflation data, there could be an opening door for a pullback in gold. But on a bigger picture basis, pullback can be seen as opportunistic for longer-term themes. Well, at this point the most recent consolidation in gold has been short-lived on a relative basis. The metal found resistance in late-October at 4380 and that led to around a month of digestion and consolidation as price action narrowed into a ... (full story)
- Comments / Top
- Subscribe
Na12
Dec 16, 2025 3:53am
Permalink
-
Related Stories
From dailyforex.com | Dec 16, 2025
The gold market initially tried to rally during the trading session here on Monday, but has struggled to break out above the crucial $4,400 level. I find this interesting because I'm starting to notice a pattern. Asia and Europe like gold, the Americans may not so much because it seems to turn around when it gets to Wall Street. We are at the top of the ...
From msn.com | Dec 15, 2025
The yellow metal has continued to build on last weeks rally, helped by declining Treasury yields and a weaker dollar. The move followed the Federal Reserves recent policy decision, which included an interest rate cut and an announcement that it will begin purchasing short-term U.S. Treasuries starting in December at a pace of $40 billion per month. These ...
Gold prices edged higher on Tuesday, supported by a softer dollar, as investors awaited the release of key US jobs data that could shape expectations for the Federal Reserves policy path in the new year. Spot gold was up 0.1% at $4,311.64 per ounce, as of 0230 GMT, extending a year-to-date rally of more than 64% that has seen bullion smash multiple ...