Gold Forecast: Fed Say Enough to Sustain Rally

Gold Price Today

Gold Forecast: Gold futures are inching lower early Tuesday after bumping up against a key technical resistance level for a second straight session. The short-term fundamentals, however, are bullish and are likely to remain that way until investors get some clarity on the timing of its first rate hike.

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Gold Forecast: Fed Say Enough to Sustain Rally via @marketinvestor

Gold Price Analysis: Trader Reaction to $1738.60

Gold Price Analysis

Gold Price Analysis: Gold futures are edging higher early today, mirroring the price action in U.S. Treasury yields and the U.S. Dollar. Nonetheless, the market is still hovering just above a seven-week low that was struck the previous session as Treasury yields jumped on growing expectations of an earlier-than-anticipated interest rate hike by the U.S. Federal Reserve.

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Gold Price Analysis: Trader Reaction to $1738.60 via @marketinvestor

Gold Price Forecast: Waiting for Freefall to Begin

Gold Price Forecast

Gold Price Forecast: Rising U.S. Treasury yields are driving gold futures lower on Tuesday with the market testing its lowest level since August 11. Sellers took out last week’s low at $1737.50 earlier in the session, signaling a continuation of the current weakness that began at $1836.90 on September 3.

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Gold Price Forecast: Waiting for Freefall to Begin via @marketinvestor

Gold Price Forecast: Downside Bias Building as Bets on Early Fed Tapering Rise

Gold Price Forecast

Gold Price Forecast: On Friday gold futures as investors continued to wait for clarity over the U.S. Federal Reserve’s tapering timeline. Although most major investors are likely keeping their power dry ahead of the Fed’s September 21-22 policy meeting, we do know from the recent price action that they are aware of the importance of a pair of 50% levels at $1795.00 and $1800.00.

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Gold Price Forecast: Downside Bias Building as Bets on Early Fed Tapering Rise via @marketinvestor