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Gold Price Action Echoes Bearish Behavior as APAC Markets Fall

Gold prices are down modestly as APAC markets sell-off. A lull in XAU volatility is unnervingly similar to price action seen over the last few months, setting gold prices up for a potential leg lower soon. ....

United Kingdom , Thomas Westwater , Federal Reserve , Economic Data , Breakeven Rates , Technical Outlook , Wall Street , United Kingdom Gilts , Conference Board , Expectations Index , Bear Flag ,

Gold Prices Unlikely to Find Support from US PCE Data

Gold prices are nearly unchanged after three days of losses as inflation bets fall. Tonight’s PCE inflation data out of the US is unlikely to provide a boost as central bankers look committed to ba. ....

United States , Jerome Powell , Thomas Westwater , Security Administration , European Central Bank , Federal Reserve , Breakeven Rates , Federal Reserve Chair Jerome Powell , Transport Security Administration , Simple Moving Average ,

Gold Price Forecast: XAU Surges as Russian War Drums Beat, Breakeven Rates Rise

Gold prices rose to the highest level since November last week after a red-hot CPI report pushed up breakeven rates. Bulls followed through on the move as geopolitical tensions in Ukraine rose. ....

United States , United Kingdom , Thomas Westwater , Us National Security Advisor Jake Sullivan , Federal Reserve , Gold Fundamental Forecast , Security Advisor Jake Sullivan , Price Forecast , Russian War Drums Beat , Breakeven Rates ,

Gold Prices Cede Ground as Omicron Fails to Charge Breakeven Rates

Gold prices remain weak through APAC trading after a stronger US Dollar dragged on bullion. Breakeven rates have risen due to Omicron, but inflation expectations remain off December highs. ....

Thomas Westwater , Breakeven Rates , Technical Outlook , Wall Street , Simple Moving Average , Rising Wedge ,

Gold Prices Eye PCE Data but the XAU/XAG Ratio Shows Silver Primed to Outperform

Gold prices rose overnight going into the Asia-Pacific session as breakeven rates rose. PCE data is in focus for precious metals, and Silver may provide a better play if inflation beats expectations. ....

Thomas Westwater , Federal Reserve , Gold Silver Ratio , Breakeven Rates , Personal Consumption Expenditures Price Index , Versus Silver , Simple Moving Averages , Bullish Engulfing ,