High interest rates to hold back gold’s rally: Reuters poll
Reuters Note Analysts and traders have significantly raised their predictions for gold prices but expect high interest rates to keep a lid on rallies, a Reuters poll showed on Tuesday. The poll of 38 analysts and traders returned median forecasts for gold to average $1,825 an ounce in the first quarter of this year, $1,840 […]
Gold’s Rapid Rise Meets Resistance, Silver Cools
Gold and Silver Technical Analysis Data-Induced Market Repricing sets USD on a Lower Path (Buoys Gold) Silver price action hints at bullish fatigue as long upper wicks emerge Gold’s recent advance was comparatively more aggressive – nearing overbought territory The analysis in this article makes use of chart patterns and key support and resistance levels. […]