Gold Price Forecast: XAU/USD turns south again as US-Iran tensions resurface
Gold has reversed Monday’s recovery, returning to the red below $4,550 early Tuesday, as markets turn risk-averse and flock back to safety in the US Dollar (USD).
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Australian Dollar Price Forecast: Recovery now targets 0.7200
The Aussie Dollar’s uptrend seems to have met some decent resistance in the 0.7270-0.7280 band so far, with AUD/USD still looking for a strong catalyst to extend its current recovery and confront the yearly peaks.
Gold to shine again? Peace hopes provide lift, but hopes alone aren’t enough
Gold is supposed to be the go-to asset as a solid hedge against geopolitical crisis. The Iran war has shown this isn’t always the case and that other factors may overpower the geopolitical factor. What’s behind the recent Gold underperformance, and what could support prices going forward?
US Dollar Weekly Forecast: The Fed is not ready to blink, and the Dollar knows it
The US Dollar’s (USD) week was an apathetic one. There were ups and downs and plenty of uncertainty in the geopolitical field.
Gold Price Forecast: XAU/USD looks to regain $4,600 on US-Iran peace deal prospects
Gold is staging a solid comeback in early Asia on Monday, recapturing the $4,550 barrier on its way to $4,600, while reversing last week’s decline.
US Dollar Weekly Forecast: What’s up, Kevin?
The US Dollar’s (USD) week was an apathetic one. There were ups and downs and plenty of uncertainty in the geopolitical field.