Henrybillion

Henrybillion

Gold prices stabilized on Wednesday (May 28) as investors assessed the May meeting minutes of the U.S. Federal Reserve (Fed), which highlighted increasing risks of inflation and recession, reinforcing gold’s appeal as a safe-haven asset amid ongoing volatility in the global economic environment. At the close of trading on May 28, spot gold remained steady at...

Henrybillion

The OANDA:XAUUSD XAU/USD pair on the M30 timeframe is currently exhibiting a strong bullish signal, attributed to the formation of a breakout pattern. This suggests that the upward momentum is poised to continue its advance in the near term. Recommended Long Entry: Consider entering a long position as the price approaches the trendline of the identified...

Henrybillion

Gold prices XAUUSD have surpassed the $3,300/oz mark for the first time as risk sentiment in the market quickly heated up after US President Donald Trump ordered an investigation into import tariffs on critical minerals, along with US tariffs on China to increase to 245% Earlier on Tuesday, Trump announced an investigation into US imports of critical minerals, a...

Henrybillion

In the Asian trading session on Tuesday (April 15), the spot gold price XAUUSD continued to recover. The price of gold is currently trading around $3,227/ounce, and has set an intraday high of $3,330/ounce. Bloomberg reported that the Trump administration has launched an investigation into the import of semiconductors and pharmaceuticals, paving the way for...