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Gold price advances as Fed remains confident on easing inflation
Gold price climbs to $2,190 as the US Dollar drops with eyes on US core PCE inflation data. The Fed remains confident that inflation is broadly easing despite recent hot readings. The US yields fall as expectations for the Fed lowering interest rates from June rebound. Gold price (XAU/USD) jumps abo
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NZD/USD Price Analysis: A break above 0.6000 could approach 14-day EMA, 23.6% Fibonacci
NZD/USD tests the psychological level of 0.6000 on Monday. The break above 0.6050 could lead the pair to navigate the area around the 14-day EMA and the 23.6% Fibonacci level. The major level of 0.5950 could act as support, following the psychological support at 0.5900 level. NZD/USD continues its l
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Xauusd confirm buy signal
#XAU/USD# Gold price edges lower on Friday amid some follow-through US Dollar buying interest. The Fed’s projected three rate cuts in 2024 will likely cap the USD and limit losses for the metal. Traders look forward to Fed Chair Jerome Powell’s speech for short-term opportunities. Gold
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