Tag - gold

Trade ideas for June 21-26
Trade ideas for June 21-26

Last week the USD soared versus other major currencies, while gold headed for the biggest weekly loss in 15 months. Let’s see what new moves await us this week!

US dollar rallies up after Fed
US dollar rallies up after Fed

The US dollar has surged to levels unseen since April after the Fed's decision back on Wednesday. Gold has reversed up from the local dips. Still, this week was the worst for gold in more than a year.

USD surged after Fed’s hawkish surprise
USD surged after Fed’s hawkish surprise

The Fed made a hawkish surprise! The bank would start a discussion about scaling back bond purchases. Besides, it is likely to make two interest-rate increases by the end of 2023 (sooner than expected)!

USD rocketed after Fed. How to trade today?
USD rocketed after Fed. How to trade today?

The Fed made a hawkish surprise! The bank would start a discussion about scaling back bond purchases. Besides, it is likely to make two interest-rate increases by the end of 2023 (sooner than expected)!

Gold: short-term trade ideas
Gold: short-term trade ideas

Everyone is interested in trading gold (XAU/USD). The meeting of the Federal Reserve at 21:00 MT time (GMT+3) will certainly drive the price.

Gold reached our retracement target
Gold reached our retracement target

Gold prices tumbled during the first trading day of the week declining to as low as 1844 USD/Oz. However, it was able to trim these losses and closed the day around 1866 USD/Oz.

Gold's breakdown: what's next?
Gold's breakdown: what's next?

Gold price failed to break above $1900 last week and slid down. Read the article to see the technical outlook for the price!

EUR/USD, GBP/USD, GOLD / Best Forex Daily Setups
EUR/USD, GBP/USD, GOLD / Best Forex Daily Setups

The USD is going to be in the spotlight again this week as the Federal Reserve will hold a meeting on Wednesday, which could be a big mover! Gold has plunged amid the stronger US dollar as investors await the Fed’s meeting this week.

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