This Gold analysis reviews the commodity from technical and fundamental aspects. It also features trend examination, price forecasts, support and resistance levels, and trading signals.
We update this page daily to ensure you have the latest information by covering the XAU/USD price changes.
Gold Analysis & Live Chart
Gold Fundamental Analysis
Bloomberg—Gold dropped below $3,300 an ounce on Monday as improving U.S.-China relations reduced demand for safe-haven assets. Last week, President Donald Trump suggested he might take a softer approach to trade with China and said talks on tariffs were ongoing.
On Friday, China removed some U.S. products from its 125% tariffs but denied that formal talks were happening. A stronger U.S. dollar also pressured gold, as it made the metal more costly for buyers using other currencies.
Traders are now waiting for key U.S. reports this week, including Q1 GDP, March PCE inflation, and April jobs data, which could hint at the Federal Reserve’s next move.
Gold Technical Analysis
The widget below calculates XAU/USD trends using multiple indicators, such as moving averages and oscillators. It allows you to review market trends across various timeframes easily.
The larger the timeframe, the more accurate the signals tend to be. Integrating this widget into your strategy and considering our fundamental news can help you make well-informed decisions.
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