Market Forecasts

• Gold Price Prediction: The XAU/USD pair recovers towards the $1,930 barrier as the US Dollar retreats amid contradictory signals
  Gold's price gains support the bullish technical pattern. The failure of the US Dollar to maintain Wednesday's late rally adds to the strength of the XAU/USD rebound. In addition to contradicting the Fed's discussions, US recession troubles and ambiguous China worries trouble gold investors.
  Read Detailed Analysis
• WTI crude oil prices remain subdued in the mid-$79.00 range with fresh recession concerns
  WTI remained under pressure following a reversal from a six-week peak. Fears of a US recession trump hopes for an increase in Chinese energy consumption. Additionally, a stronger US Dollar and aggressive Fed language exert downward pressure on the Oil price. For fresh impetus, EIA inventories and risk catalysts will be essential.
  Read Detailed Analysis
• Gold Price Forecast: XAU/USD maintains rises above $1,900; downside appears bolstered by robust yields
  The price of gold fluctuates above $1,900.00. However, the downside appears to be preferred in light of rising rates. Fed Barkin stated that halting interest rate hikes prematurely is undesirable. Increasing monthly Retail Sales statistics in the United States may bolster inflation forecasts.
  Read Detailed Analysis
• Silver Price Analysis: XAG/USD is at a weekly bottom, and bulls are losing control below $24.00
  The price of silver seeks to recover modestly from its weekly low reached earlier this Wednesday. Before putting aggressive direction bets, it is prudent to exercise some care when oscillators are mixed. A decisive breach below channel support is required for additional losses to be likely.
  Read Detailed Analysis
• Crypto Market Daily Highlights - ETH Extends Winning Streak to Eight
  The crypto market saw a seven day winning streak halt on Sunday. However, the loss was minimal, and the presence of tailwinds indicates that future increases are likely.
  Read Detailed Analysis
• Gold Price Prediction: The XAU/USD pair aims to extend its climb above $1,920 as the Federal Reserve softens its policy tightening tempo
  Gold price hopes to continue advances strongly above $1,920.00 due to deterioration in the US Dollar Index (DXY). As inflation falls, the Federal Reserve is projected to reduce the rate of policy tightening. A four-day winning streak for the S&P 500 indicates a risk-on market sentiment.
  Read Detailed Analysis