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Gold Analysis: Gold Gives Back Gains on Friday
DailyForex Technical Analysis with Chris Lewis Every day, our Senior Technical Analyst Chris Lewis shares his expert market insights, chart analysis, and trading outlooks to help you stay ahead in the forex market.
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On Friday, the gold price pulled back from the session highs of about $4,408 to trade at about $4,328 after the latest U.S. data. The XAU/USD trades within a sideways channel formation in the 60-minute chart. The price of the yellow metal has now fallen to trade a few levels below the 100-hour moving average line. Fridays pullback prevented it from ...
From finance.yahoo.com | Jan 2, 2026
Gold and silver advanced as trading in 2026 kicked off, building on their best annual performances since 1979. Bullion rose near $4,375 an ounce, as silver gained more than 2%. While traders have flagged the metals could do well in 2026 on further US interest-rate cuts and dollar weakness, theres near-term concern that broad index re-balancing may pressure ...