The market may no longer be giving the Magnificent Seven a free pass
For much of the past three years, investing has felt surprisingly simple.
Fundamental
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Gold Price Forecast: XAU/USD finds acceptance above $4,000, but US NFP holds the key
Gold is looking to build on its previous recovery beyond the $4,000 mark early Thursday, with the next big move hinging on the critical US Nonfarm Payrolls (NFP) data release.
XAU/USD Price Forecast: Gold recovers but sellers hold the grip
Spot Gold peaked at $4,115.48 on Wednesday, its highest in over a week, and is now changing hands at $4,071. The US Dollar (USD) once again started the day with a strong footing, but turned lower early in the American session.
Gold Forecast: XAU/USD’s path of least resistance remains to downside ahead of Warsh
Gold faltered in its brief recovery stint above the $4,000 mark in early Wednesday’s trading, reverting toward seven-month lows of $3,942 reached a day ago.
XAG/USD Price Forecast: Silver breathes as US Dollar falls
Commodities are all about the US Dollar (USD) strength or weakness these days. Silver flirts with $60 an ounce in the American session, after trading as low as $56.61 at the beginning of the day.
Gold Price Forecast: XAU/USD crashes with Japanese Yen as stops likely triggered
Gold is down nearly 1.50% so far in Tuesday’s Asian trading, sitting at a fresh seven-month low as the key $3,950 psychological barrier gave way amid a renewed wave of selling.