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
DAX making a bullish flag on daily time...
October 29, 2024
Market Insights
Gold Price Drops to $3,000 Amid Geopolit...
March 24, 2025
Market Insights
Gold Drops Over 2% as Trump Eyes Copper...
February 26, 2025
Market Insights
AUDUSD making a wedge pattern
December 23, 2024
Market Insights
AUDUSD GAVE BREAKDOWN?
November 14, 2024
Market Insights
CRUDE OIL Sustaining on lower levels.
February 15, 2025
Market Insights
