Overall, "gold is better suited for investors with a long-term investment horizon," emphasizes Yoshida. He notes that recent pullbacks present good opportunities to enter the gold market gradually ...
GOLD price has been on a steady uptrend since hitting a low of US$1,614 per ounce in October 2022. Over the past two years, the precious metal has consistently climbed and carved out higher lows, ...
Gold was steady in the early Asian session, underpinned by the dollar’s weakness, which makes the precious metal cheaper for potential buyers that hold other currencies.
“Technically, gold’s recent moves show a bearish head-and-shoulders pattern, with $2,705 as key support. A drop below $2,700 could lead to $2,675 and $2,660 levels. On the upside, breaking $ ...
Similarly, Bank of America and Citigroup analysts see the metal rising to $3,000. Conversely, Macquarie sees gold remaining in ... formed a symmetrical triangle pattern, which happened after ...