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Gold Price

XAU/USD - Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.


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Weekly Gold Trading Forecast

Symbol Forecast Outlook

Gold Technical Analysis & Trading Strategy

Sr. Technical Strategist Jamie Saettele, CMT
Jamie Saettele, CMT
Sr. Technical Strategist
Gold Target is Still 1345
Gold Reversal Target at 1345
Gold Trades into 61.8% Level and 200 DMA
Gold Faces Resistance up to 1263

Gold and Commodity Updates

Quantitative Strategist David Rodriguez
David Rodriguez
Quantitative Strategist
Weekly Trading Forecast: Will Fed and Greek Elections Keep FX Volatility Boi...
We are already off to a volatile start to 2015, and the coming week presents high-level event risk that will likely keep those activity levels high.
Gold Rally Fizzles Ahead of FOMC, US GDP- 1263 Key Support
Gold prices are higher for a third consecutive week with the precious metal rallying 0.91% to trade at $1292 ahead of the New York close on Friday.
Dollar Charges Higher as Policy Contrast Draws Focus to Fed
While this past session’s top event risk – the ECB’s stimulus announcement, it was the Dollar that gained the most from the news.Why should another wave of globa...
Gold Target is Still 1345
Gold Stalls at Technical Resistance- Remains Constructive Above 1262
The rally has extended into resistance just above $1300 with our long scalp-bias now at risk below this mark. Here are the updated targets & invalidation levels.