GOLD WEEKLY ANALYSIS

Gold closed on Friday at its weekly low after testing a high of $2,686 earlier in the session, marking a historic $150 drop in a single week since 2020 as driven by a strong US dollar and reduced expectations for Federal Reserve rate cuts, which weakened the appeal of non-interest-bearing gold. On Thursday, Federal Reserve Chair Powell indicated that there was no immediate need to lower interest rates.
Recent News
US30 Forms a Crucial Wedge Pattern Break...
June 12, 2025
Market Insights
DAX sustaining on daily higher levels.
November 18, 2024
Market Insights
Gold coils in a Falling Wedge pattern ah...
August 01, 2025
Market Insights
Gold Surges to Record Highs as Investors...
April 19, 2025
Market Insights
Silver Price Forecast: Bullish Reversal...
March 04, 2025
Market Insights
US Tech 100 Breakout Alert Eyes on Resis...
April 17, 2025
Market Insights