Gold Forms Head and Shoulders Pattern Key Support at $3022 and $3000 in Focus
Gold traded around $3,030 per ounce on Friday, remaining near record highs, and headed for a third weekly gain, driven by dovish signals from the Federal Reserve and safe-haven demand. On Wednesday, the Fed acknowledged rising economic uncertainty and reaffirmed plans for two rate cuts this year, boosting non-yielding gold.
Recent News
GER40/DAX Analysis
October 11, 2024
Market Insights
Dow Jones Futures Plunge: Support Levels...
April 09, 2025
Market Insights
Gold price posts modest gain amid trade...
February 26, 2025
Market Insights
WTI Crude Oil Gains Momentum Amid Supply...
March 27, 2025
Market Insights
Dow Jones Holds Steady Near 44,050 Momen...
June 30, 2025
Market Insights
US Tech 100 Struggles Below 200 SMA – Br...
July 14, 2025
Market Insights
