Weekly gold analysis
The rise of the dollar index last week was able to put pressure on gold and we saw the drop in gold prices last week The previous meeting of the
August 21, 2022
Analysis
Weekly gold analysis
◽️ With inflation decreasing and expectations of the FED hawkish policies withdrawal, gold was bullish in the past weeks ◽️ Signs of deflation have dampened the possibility of a 75bsp
August 14, 2022
Weekly gold analysis
◽️ Last week, our expectation from the employment and wages report was weak data and weak US dollar, and rising gold. ◽️ Although the US data performed better than expected,
August 7, 2022
Weekly gold analysis
◽️ After weeks, gold prices ended the week with a 2% gain because of Less hawkish Fed talks and gave hopes to gold buyers ◽️ Jerome Powell said that further
July 31, 2022
Weekly gold analysis
◽️ Technically, gold has formed its price floor and is supported on $1680-$1690 area ◽️ Most markets and stocks, as well as high-beta assets, were all bearish, it can be
July 25, 2022
Weekly gold analysis
◽️ We are having the worst weeks for gold. The US dollar is at its turning point, the price of gold has dropped to its lowest level in the past
July 18, 2022
Weekly gold analysis
◽️ Gold disappointed traders last week and recorded 4% decrease, lowest price in the last two months ◽️ FED consensus for hike another 75bp interest rates to suppress inflation, so
July 10, 2022
Weekly gold analysis
◽️ Last week Gold closed with negative red prices and shows us that the short-term sentiment is still bearish. ◽️ Last downside movement despite the G7 news that four members
July 3, 2022
Weekly gold analysis
◽️ Gold continues to fluctuate below $1,830 on last week. becasue Riska and the 10-year US Treasury bond yield is up more than 1% on the day, gold limiting to
June 27, 2022
Weekly gold analysis
◽️ FED raised the interest rate 75bp on Wednesday, the highest level in 28 years, But the gold market has shown good resistance to this sharp hike in interest rates
June 20, 2022
