Gold Price Forecast: XAU/USD at risk of plunging below $1,500 – Credit Suisse Gold XAUUSD Metals Banks
Rising US Real Yields seen as a major negative driver for gold
“Below support at $1,759/54 is needed to clear the way for a retest of major support at $1,691/77 – the key lows for the year from March, April and August.” “Whilst we would expect the $1,565/61 zone to hold at first, big picture, we would see scope for an eventual fall to $1,452/40.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First Mover Asia: Bitcoin’s Price Remains Boxed In Below $51K Over Holiday WeekendAfter retreating below $50,000 during the weekend, bitcoin was hovering a little under $51,000 at the time of publication. Muyaoshen and JPRubin23 report
Read more »
Carol Vorderman ‘very upset’ on Christmas as she wows fans in gold dressCarol Vorderman is 'pretending to be a grown up' as she slips into a gold dress for Christmas celebrations
Read more »
USD/INR Price News: 50-DMA tests Indian rupee bulls around 75.00USD/INR Price News: 50-DMA tests Indian rupee bulls around 75.00 By anilpanchal7 USDINR Technical Analysis ChartPatterns SwingTrading SupportResistance
Read more »
AUD/USD Price Analysis: Bounce off intraday low but upside remains limited near 0.7250AUD/USD Price Analysis: Bounce off intraday low but upside remains limited near 0.7250 By anilpanchal7 AUDUSD Technical Analysis SwingTrading ChartPatterns SupportResistance
Read more »
USD/CAD Price Analysis: Sellers extend pullback from 50-HMA towards 1.2800USD/CAD sellers attack 1.2800, down 0.06% intraday near 1.2807 during early Monday. In doing so, the Loonie pair stretches the previous day’s pullback
Read more »
Metaswap Gas incommunicado as experts link MGAS price drop to rug pullAccording to PeckShield, Metaswap Gas caused a rug pull after transferring 1,100 BNB worth nearly $602,000 over Tornado Cash.
Read more »