GOLD PRICE FORECAST: XAU/USD ON TRACK TO REACH RECORD HIGHS

Tina Collins

23 Jan 2025

Gold prices stayed above $2,760 on Wednesday, continuing their upward trend.

The US Dollar regained strength, but gold still maintained its bullish bias.

Ongoing uncertainty around Trump’s policies, especially regarding tariffs, is supporting gold prices.

Gold saw its third consecutive day of gains, reaching levels not seen since early November.

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XAG/USD RISES TO NEAR $32.60 AS USD CORRECTS AHEAD OF US NFP

US STOCK INDICES FUTURES EXTENDED GAINS WHILE GOLD (XAU/USD) RECENT LOSSES FOUND SUPPORT AT THE 20-DAY MA

NZD/USD APPRECIATES TO NEAR 0.5950 AHEAD OF NONFARM PAYROLLS REPORT

USD/CAD PRICE FORECAST: TESTS 1.3800 SUPPORT AFTER PULLING BACK FROM NINE-DAY EMA