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Gold TA: MACD Divergence Hints at Pullback, Is the Rally Losing Steam?
Gold prices have been going up recently even though it usually goes the opposite way with interest rates. This is confusing because higher interest rates typically mean lower gold prices. There are rumors...
Why is the gold price rising today?
Price of gold went up in Asia on Monday, even though some people thought it would go down because the chance of the U.S. lowering interest rates seemed less likely. This increase shows that gold is still...
Gold Awaits Inflation Test
Gold prices are holding near record highs set last week, as investors await key inflation data from the United States. This data, due Tuesday, is expected to influence the Federal Reserve's decision on...
Gold at Crossroads: Data This Week Will Decide Direction
Over the past period, gold prices showed a consistent upward trajectory. This movement is primarily driven by anticipation surrounding potential interest rate cuts by the Federal Reserve. Traders are closely...