Gold futures are inching higher but in a tight trading range on Thursday as traders await the release of the latest report on U.S. Weekly Initial Claims. The price action suggests investor indecision and impending volatility.
At 10:00 GMT, April Comex gold is trading at $1894.70, up $4.00 or +0.21%. On Wednesday, the SPDR Gold Shares ETF (GLD) settled at $174.43, up $0.45 or +0.26%. Perhaps creating the indecision is the uncertainty over U.S. interest rates. On Tuesday, Fed Chair Jerome Powell helped put in a floor by reiterating last week’s remarks on “disinflation.”
However, any gains from those comments were offset by hawkish comments from New York Fed President John Williams, who said on Wednesday that moving the federal funds rate to 5.00% – 5.25% “seems a very reasonable view of what we’ll need to do this year to get the supply and demand imbalances down.”
Currently, market pricing anticipates the Fed funds rate peaking just above 5.1% by July and then falling by the end of the year to 4.8%. This is enough to drive up Treasury yields and the U.S. Dollar.
Since gold doesn’t pay interest, higher interest rates tend to weigh on demand for bullion. The stronger greenback also makes dollar-denominated gold more expensive to foreign investors. The main trend is down according to the daily swing chart. A trade through $1873.20 will reaffirm the downtrend and a move through $1975.20 will change the main trend to up.
The longer-term range is $2039.00 to $1647.70. Gold buyers are trying to establish a support base inside its retracement zone at $1843.40 to $1889.50. Additional support is a 50% level at $1862.40. This week’s low at $1873.20 is inside the long-term retracement zone. On the upside, a pair of 50% levels at $1909.30 and $1924.20 is potential resistance levels.
Trader reaction to the long-term Fibonacci level at $1889.50 is likely to determine the direction of the April Comex gold futures contract on Thursday.
A sustained move over $1889.50 will indicate the presence of buyers. If this move creates enough upside momentum then look for a possible surge into $1909.30 – $1924.20. Since the main trend is down, look for sellers on the first test of this area.
A sustained move under $1889.50 will signal the presence of sellers. This could trigger a break into the main bottom at $1873.20, followed by a short-term 50% level at $1862.40.
This Post Has 193 Comments
1win официальный сайт: 1вин сайт – 1win
https://vavada.auction/# vavada
https://pin-up.diy/# пин ап вход
pin up: pin up casino – пин ап
1xbet официальный сайт мобильная версия: 1хбет – 1xbet зеркало рабочее на сегодня
https://1win.directory/# 1вин официальный сайт
1xbet официальный сайт мобильная версия [url=https://1xbet.contact/#]1xbet официальный сайт мобильная версия[/url] 1хбет
pin up casino: pin up – пин ап казино
1xbet официальный сайт: зеркало 1хбет – 1xbet зеркало
https://vavada.auction/# вавада казино
пин ап казино вход: pin up казино – пин ап зеркало
1вин официальный сайт: 1win – 1вин зеркало
guvenilir slot siteleri: slot siteleri – slot siteleri
http://sweetbonanza.network/# sweet bonanza giris
canl? slot siteleri: yeni slot siteleri – en yeni slot siteleri
http://denemebonusuverensiteler.win/# deneme bonusu veren siteler
bonus veren casino slot siteleri: en iyi slot siteleri – en yeni slot siteleri
https://denemebonusuverensiteler.win/# deneme bonusu
2024 en iyi slot siteleri: slot kumar siteleri – oyun siteleri slot
https://sweetbonanza.network/# slot oyunlari
en iyi slot siteler: slot siteleri 2024 – slot bahis siteleri
bahis siteleri: deneme bonusu veren siteler – deneme bonusu veren siteler
https://slotsiteleri.bid/# yasal slot siteleri
deneme veren slot siteleri: en iyi slot siteleri – casino slot siteleri
top 10 pharmacies in india: Online medicine home delivery – indianpharmacy com
medication from mexico pharmacy: buying from online mexican pharmacy – medicine in mexico pharmacies
https://mexstarpharma.online/# reputable mexican pharmacies online
lipitor simvastatin: lipitor 40 mg price in india – buy lipitor from india
https://furosemide.win/# lasix 40 mg
zestril 2.5: cheap lisinopril – lisinopril 20 mg price
https://tamoxifen.bid/# tamoxifen reviews
lipitor simvastatin [url=https://lipitor.guru/#]buy atorvastatin online[/url] lipitor simvastatin
buy prescription drugs from india: Indian pharmacy online – indian pharmacies safe
discount ed pills: Best ED pills non prescription – ed treatments online
https://edpillpharmacy.store/# ed meds online
india pharmacy mail order: Top online pharmacy in India – buy medicines online in india
buying prescription drugs in mexico: Best pharmacy in Mexico – best online pharmacies in mexico
https://indiapharmacy.shop/# Online medicine order
cheap erectile dysfunction pills: Best ED pills non prescription – erectile dysfunction drugs online
https://indiapharmacy.shop/# reputable indian pharmacies
buy ed medication online: online ed prescription same-day – what is the cheapest ed medication
pharmacies in mexico that ship to usa: mexico pharmacy win – п»їbest mexican online pharmacies
http://edpillpharmacy.store/# cheapest ed online
best ed medication online: ED meds online with insurance – online erectile dysfunction
http://indiapharmacy.shop/# indian pharmacy online
buy medicines online in india: Indian pharmacy international shipping – reputable indian online pharmacy
https://indiapharmacy.shop/# top 10 pharmacies in india
pharmacy website india: Indian pharmacy international shipping – world pharmacy india
mexican rx online: buying prescription drugs in mexico online – mexican mail order pharmacies
http://mexicopharmacy.win/# п»їbest mexican online pharmacies
medicine in mexico pharmacies: mexican mail order pharmacies – medicine in mexico pharmacies
https://indiapharmacy.shop/# pharmacy website india
https://indiapharmacy.shop/# top 10 online pharmacy in india
ed medicine online
india online pharmacy: top online pharmacy india – п»їlegitimate online pharmacies india
http://edpillpharmacy.store/# online erectile dysfunction pills
mexican drugstore online: Purple pharmacy online ordering – mexican online pharmacies prescription drugs
http://sildenafil.llc/# generic viagra 100mg
generic viagra available: Buy Viagra online cheap – how does viagra work
https://sildenafil.llc/# viagra cost
cialis 100mg from china: Generic Cialis without a doctor prescription – howard stern commercial cialis
http://sildenafil.llc/# how does viagra work
viagra dosage [url=https://sildenafil.llc/#]buy sildenafil online usa[/url] viagra coupons
generic cialis cheap: cialis without a doctor prescription – buy generic cialis online overnight
https://tadalafil.auction/# generic cialis florida
viagra without a doctor prescription: Cheap Viagra online – viagra from canada
comprare farmaci online all’estero: Farmacie che vendono Cialis senza ricetta – Farmacie online sicure
acquisto farmaci con ricetta: farmacia online piГ№ conveniente – п»їFarmacia online migliore
https://avanafil.pro/# acquisto farmaci con ricetta
farmacie online sicure: Cialis generico 5 mg prezzo – farmacie online affidabili
farmacie online autorizzate elenco: Farmacie che vendono Cialis senza ricetta – farmacia online
https://viagragenerico.site/# viagra originale in 24 ore contrassegno
farmaci senza ricetta elenco: avanafil 100 mg prezzo – farmacia online piГ№ conveniente
acquistare farmaci senza ricetta: farmacia online – Farmacia online miglior prezzo
viagra prezzo farmacia 2023: viagra generico – viagra online in 2 giorni
https://farmait.store/# Farmacia online piГ№ conveniente
comprare farmaci online con ricetta: Cialis generico farmacia – top farmacia online
migliori farmacie online 2024: super kamagra – farmacia online
farmaci senza ricetta elenco: Farmacia online migliore – farmacia online
http://prednisonebestprice.pro/# prednisone 10 mg
nolvadex steroids: how to prevent hair loss while on tamoxifen – tamoxifen adverse effects
cytotec online: Cytotec 200mcg price – buy cytotec
zithromax canadian pharmacy: zithromax online pharmacy canada – can i buy zithromax online
http://propeciabestprice.pro/# propecia no prescription
cost of propecia without dr prescription: cost of propecia no prescription – cost of cheap propecia without a prescription
average cost of prednisone: prednisone in india – 60 mg prednisone daily
https://nolvadexbestprice.pro/# who should take tamoxifen
buy zithromax 500mg online: where can i buy zithromax medicine – how to get zithromax online
buy generic propecia without prescription: cost of generic propecia without insurance – cost cheap propecia without a prescription
tamoxifen and depression: how does tamoxifen work – tamoxifen vs raloxifene
propecia for sale [url=http://propeciabestprice.pro/#]propecia generic[/url] buying generic propecia for sale
https://propeciabestprice.pro/# order cheap propecia without dr prescription
https://nolvadexbestprice.pro/# tamoxifen warning
prednisone 5 mg brand name: prednisone 54 – purchase prednisone no prescription
cost cheap propecia without insurance [url=http://propeciabestprice.pro/#]propecia prices[/url] get propecia without insurance
https://propeciabestprice.pro/# get propecia without dr prescription
https://propeciabestprice.pro/# cost of propecia pills
zithromax 500 tablet: zithromax tablets – zithromax prescription in canada
п»їcytotec pills online [url=https://cytotecbestprice.pro/#]buy cytotec pills[/url] buy misoprostol over the counter
https://cytotecbestprice.pro/# cytotec buy online usa
https://cytotecbestprice.pro/# buy cytotec pills
where to get zithromax over the counter: zithromax capsules 250mg – buy zithromax without presc
п»їcytotec pills online [url=https://cytotecbestprice.pro/#]buy cytotec online fast delivery[/url] buy cytotec online fast delivery
mexican border pharmacies shipping to usa: pharmacies in mexico that ship to usa – reputable mexican pharmacies online
mexican rx online [url=http://mexicandeliverypharma.com/#]п»їbest mexican online pharmacies[/url] п»їbest mexican online pharmacies
mexico drug stores pharmacies: buying prescription drugs in mexico – reputable mexican pharmacies online
buying prescription drugs in mexico online: п»їbest mexican online pharmacies – mexican pharmaceuticals online
mexican rx online: medicine in mexico pharmacies – mexican rx online
mexican rx online [url=https://mexicandeliverypharma.com/#]reputable mexican pharmacies online[/url] best online pharmacies in mexico
best online pharmacies in mexico: mexico pharmacies prescription drugs – medication from mexico pharmacy
п»їbest mexican online pharmacies: pharmacies in mexico that ship to usa – buying from online mexican pharmacy
mexico pharmacies prescription drugs: buying from online mexican pharmacy – buying prescription drugs in mexico online
mexican rx online [url=http://mexicandeliverypharma.com/#]mexico drug stores pharmacies[/url] mexican pharmacy
buying prescription drugs in mexico online: purple pharmacy mexico price list – buying prescription drugs in mexico
mexican pharmaceuticals online: buying prescription drugs in mexico online – mexican pharmaceuticals online
mexican pharmaceuticals online: medicine in mexico pharmacies – reputable mexican pharmacies online
mexico pharmacies prescription drugs [url=https://mexicandeliverypharma.online/#]mexico drug stores pharmacies[/url] best online pharmacies in mexico
mexico pharmacies prescription drugs: mexican online pharmacies prescription drugs – buying from online mexican pharmacy
buying from online mexican pharmacy: mexican border pharmacies shipping to usa – mexican pharmaceuticals online
buying prescription drugs in mexico: best online pharmacies in mexico – medication from mexico pharmacy
mexican online pharmacies prescription drugs [url=https://mexicandeliverypharma.com/#]mexican rx online[/url] medicine in mexico pharmacies
mexico pharmacies prescription drugs: mexico pharmacies prescription drugs – mexican pharmaceuticals online
buying prescription drugs in mexico online: medicine in mexico pharmacies – mexico drug stores pharmacies
mexican online pharmacies prescription drugs: mexican online pharmacies prescription drugs – п»їbest mexican online pharmacies
pharmacies in mexico that ship to usa [url=https://mexicandeliverypharma.com/#]mexican border pharmacies shipping to usa[/url] mexican mail order pharmacies
purple pharmacy mexico price list: buying prescription drugs in mexico online – mexican mail order pharmacies
mexican mail order pharmacies: medicine in mexico pharmacies – medication from mexico pharmacy
mexico pharmacies prescription drugs: mexican rx online – mexico drug stores pharmacies
п»їbest mexican online pharmacies [url=https://mexicandeliverypharma.online/#]mexico drug stores pharmacies[/url] pharmacies in mexico that ship to usa
mexican rx online: medicine in mexico pharmacies – mexican mail order pharmacies
mexican drugstore online: mexico drug stores pharmacies – mexico drug stores pharmacies
reputable mexican pharmacies online: medicine in mexico pharmacies – buying prescription drugs in mexico online
mexico pharmacies prescription drugs [url=https://mexicandeliverypharma.com/#]mexican online pharmacies prescription drugs[/url] pharmacies in mexico that ship to usa
buying prescription drugs in mexico online: mexico drug stores pharmacies – mexico drug stores pharmacies
mexico drug stores pharmacies: mexican online pharmacies prescription drugs – buying from online mexican pharmacy
mexican pharmaceuticals online: best online pharmacies in mexico – best online pharmacies in mexico
mexican border pharmacies shipping to usa [url=https://mexicandeliverypharma.com/#]mexican pharmaceuticals online[/url] mexican rx online
reputable mexican pharmacies online: mexican border pharmacies shipping to usa – reputable mexican pharmacies online
mexican border pharmacies shipping to usa: purple pharmacy mexico price list – mexican pharmaceuticals online
mexican pharmaceuticals online: mexico drug stores pharmacies – mexican pharmaceuticals online
mexico drug stores pharmacies [url=http://mexicandeliverypharma.com/#]purple pharmacy mexico price list[/url] purple pharmacy mexico price list
mexican rx online: mexico drug stores pharmacies – buying prescription drugs in mexico
medicine in mexico pharmacies: pharmacies in mexico that ship to usa – mexican drugstore online
reputable mexican pharmacies online: mexican rx online – pharmacies in mexico that ship to usa
best online pharmacies in mexico [url=https://mexicandeliverypharma.com/#]buying prescription drugs in mexico online[/url] medicine in mexico pharmacies
purple pharmacy mexico price list: п»їbest mexican online pharmacies – п»їbest mexican online pharmacies
п»їbest mexican online pharmacies: mexico pharmacies prescription drugs – mexican mail order pharmacies
pharmacies in mexico that ship to usa: mexico pharmacies prescription drugs – reputable mexican pharmacies online
medicine in mexico pharmacies [url=https://mexicandeliverypharma.online/#]buying prescription drugs in mexico[/url] п»їbest mexican online pharmacies
mexican rx online: mexico drug stores pharmacies – mexican drugstore online
п»їbest mexican online pharmacies: best online pharmacies in mexico – purple pharmacy mexico price list
mexico pharmacies prescription drugs: mexican border pharmacies shipping to usa – purple pharmacy mexico price list
pharmacies in mexico that ship to usa [url=https://mexicandeliverypharma.online/#]reputable mexican pharmacies online[/url] mexico pharmacies prescription drugs
mexican rx online: medication from mexico pharmacy – mexico drug stores pharmacies
purple pharmacy mexico price list: medicine in mexico pharmacies – п»їbest mexican online pharmacies
reputable mexican pharmacies online: mexican border pharmacies shipping to usa – mexican mail order pharmacies
mexico pharmacies prescription drugs [url=https://mexicandeliverypharma.online/#]mexican rx online[/url] mexican mail order pharmacies
https://mexicandeliverypharma.com/# purple pharmacy mexico price list
purple pharmacy mexico price list: mexico drug stores pharmacies – medicine in mexico pharmacies
п»їbest mexican online pharmacies: buying from online mexican pharmacy – buying prescription drugs in mexico
mexico drug stores pharmacies: buying prescription drugs in mexico online – mexico pharmacies prescription drugs
mexican border pharmacies shipping to usa [url=https://mexicandeliverypharma.com/#]п»їbest mexican online pharmacies[/url] п»їbest mexican online pharmacies
mexican drugstore online: medication from mexico pharmacy – reputable mexican pharmacies online
mexico drug stores pharmacies: medication from mexico pharmacy – п»їbest mexican online pharmacies
medicine in mexico pharmacies: mexican pharmaceuticals online – mexican pharmaceuticals online
https://mexicandeliverypharma.com/# mexican border pharmacies shipping to usa
purple pharmacy mexico price list [url=https://mexicandeliverypharma.com/#]mexican pharmacy[/url] medication from mexico pharmacy
mexican drugstore online: mexican drugstore online – mexican rx online
mexico drug stores pharmacies: best online pharmacies in mexico – buying from online mexican pharmacy
mexican pharmacy [url=http://mexicandeliverypharma.com/#]mexican border pharmacies shipping to usa[/url] п»їbest mexican online pharmacies
http://mexicandeliverypharma.com/# buying prescription drugs in mexico
pharmacies in mexico that ship to usa: buying prescription drugs in mexico – mexican rx online
mexican rx online: medication from mexico pharmacy – medicine in mexico pharmacies
buying prescription drugs in mexico [url=https://mexicandeliverypharma.online/#]mexico pharmacies prescription drugs[/url] best online pharmacies in mexico
buying prescription drugs in mexico online: mexico pharmacies prescription drugs – mexican border pharmacies shipping to usa
mexico drug stores pharmacies: buying prescription drugs in mexico – buying prescription drugs in mexico
https://mexicandeliverypharma.online/# best online pharmacies in mexico
Paxlovid over the counter: buy paxlovid online – paxlovid india
amoxicillin 800 mg price: can you buy amoxicillin uk – generic amoxicillin cost
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
amoxicillin 500mg buy online uk: amoxicillin 500 mg price – amoxicillin 750 mg price
doxycycline tablets where to buy: buy doxycycline 40 mg – online doxycycline
amoxicillin pharmacy price: amoxicillin 500 mg capsule – amoxicillin 500mg without prescription
get cheap clomid online: where to get clomid no prescription – can i purchase clomid
where to buy cipro online: buy cipro online canada – buy cipro online usa
paxlovid generic: paxlovid price – Paxlovid buy online
reliable canadian pharmacy reviews [url=https://canadapharmast.online/#]cross border pharmacy canada[/url] buy canadian drugs
https://canadapharmast.com/# trusted canadian pharmacy
canadian pharmacy meds reviews [url=https://canadapharmast.com/#]canadian pharmacies[/url] safe canadian pharmacy
https://foruspharma.com/# reputable mexican pharmacies online
onlinecanadianpharmacy 24 [url=http://canadapharmast.com/#]my canadian pharmacy reviews[/url] best online canadian pharmacy
legitimate canadian mail order pharmacy [url=http://canadapharmast.com/#]canadian drug pharmacy[/url] canadian pharmacy 1 internet online drugstore
http://canadapharmast.com/# trusted canadian pharmacy
buying from online mexican pharmacy
http://cmqpharma.com/# medicine in mexico pharmacies
mexican mail order pharmacies
It’s very interesting! If you need help, look here: hitman agency