by SignalsFactory Staff | Nov 27, 2023 | Uncategorized
Gold price extends gains as investors take caution ahead of the skew of US data. China’s industrial profits declined by 7.8% could dampen the positive sentiment arising from the PBoC stimulus measures. Fed officials mentioned closely monitoring incoming data...
by SignalsFactory Staff | Nov 23, 2023 | Uncategorized
GOLD (XAU/USD) ANALYSIS Gold expected to underwhelm this Thanksgiving weekend amid thin trading XAU/USD reveals an aversion to trading above $2000 as ceasefire tests safe haven appeal USD and Treasury yields remain a factor as markets lower expectations of rate cuts...
by SignalsFactory Staff | Nov 22, 2023 | Uncategorized
The DXY Index rose to 103.60, up by 0.15%. FOMC members considered that the progress on inflation is “limited”. The US yields are still down on the day, limiting the US Dollar’s advance. In Tuesday’s session, the US Dollar Index traded with 0.15%...
by SignalsFactory Staff | Nov 20, 2023 | Uncategorized
Gold price struggles to capitalize on its modest intraday move up to the $1,985 region. Hopes for more stimulus from China boost investors’ confidence and act as a headwind.. Bets that the Fed is done raising rates undermine the US Dollar and should lend...
by SignalsFactory Staff | Nov 15, 2023 | Uncategorized
US RETAIL SALES TURN LOWER IN OCTOBER US retail sales (MoM) -0.1% vs -0.3% est. (prior revised higher to 0.9%) US dollar and Treasury yields recovered some lost ground after the release US retail sales broke its run of six consecutive positive prints in October,...
