Gold bounces off hourly moving averages as buyers step in
Gold rebounded after testing the 100- and 200-hour moving averages, holding support near $4,158. Upside resistance remains at the $4,223.51–$4,237.55 swing…
Gold rebounded after testing the 100- and 200-hour moving averages, holding support near $4,158. Upside resistance remains at the $4,223.51–$4,237.55 swing…
Silver consolidates near lows; US CPI report seen as potential catalyst for a relief rally.
Oil eased and risk appetite firmed, though the macro and geopolitical backdrop is unchanged. Focus turns to US CPI and the November 3 midterms.
Gold faced renewed pressure after oil hit new weekly highs, with US CPI the next focus.
Asian equities fell sharply on Tuesday, with South Korea's Kospi down about 7%, as tech and chip stocks led losses.
BofA sees gold averaging $4,000 in Q4 but not holding above it for three months, citing Iran war-driven oil inflation, soft physical demand, and a hawkish Fed.
Crude gained on Monday amid Russia-Ukraine tensions and Saudi Arabia's promise of response to Houthi attacks.
Diamond prices have sunk to multi-decade lows as lab-grown stones undercut natural gems, leaving them well behind gold and silver as investments.
ARK Invest's Lorenzo Valente explains the firm's five-year bitcoin view, covering stablecoins, tokenization, gold and what keeps institutions out.
Middelkoop says central banks avoid Bitcoin even as they buy gold; he targets $1M Bitcoin by 2030.
Gold slipped toward its hourly moving averages after fading from a session high, with sellers making headway but key support still intact.
Bitwise CIO Matt Hougan says Bitcoin could reach hundreds of thousands of dollars and names Ethereum, Solana and Chainlink as long-term plays.
Bullion recovered to close last week after Washington ruled out Iran strikes, then stalled; focus shifts to Wednesday's US CPI report.
Gold futures near $4,215; a swing trade plan details four buy entries, a stop, and four targets, with a blended 4.27:1 reward-to-risk.
Gold nears $4,200 again but faces resistance at $4,220 and $4,256, with mixed signals for buyers.