Gold Forms Head and Shoulders Pattern Key Support at $3022 and $3000 in Focus

Gold traded around $3,030 per ounce on Friday, remaining near record highs, and headed for a third weekly gain, driven by dovish signals from the Federal Reserve and safe-haven demand. On Wednesday, the Fed acknowledged rising economic uncertainty and reaffirmed plans for two rate cuts this year, boosting non-yielding gold.

Recent News

Dow Jones Forms Bullish Flag Near 42,084...

March 20, 2025

Market Insights

US Election Sparks Market Rally: Dow Jon...

November 06, 2024

Market Insights

GBPUSD can fill the Daily support gap

November 27, 2024

Market Insights

Natural Gas and Oil Forecast: How Kurdis...

February 24, 2025

Market Insights

Gold testing 100EMA on Daily, Time for r...

December 20, 2024

Market Insights

Gold holds steady near multi-week highs...

June 13, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window