Gold bounces off one-week low on soft USD, upside seems capped

Gold (XAU/USD) rebounds from a one-week low, around the $4,340 area touched during the Asian session on Wednesday and, for now, seems to have snapped a three-day losing streak. The Bank of Japan (BoJ)-inspired rally in the Japanese Yen (JPY) keeps the US Dollar (USD) depressed near its lowest level in over two weeks, which, […]

Head-and-Shoulders risk builds below $67

Silver price struggles to clear a key technical resistance near $67.00, retraces to two-day lows at $65.31, and records a 1.42% loss. The non-yielding metal failed to sustain its early gains amid elevated US bond yields, driven by rising inflationary pressures. XAG/USD Price Forecast: Technical Outlook The white metal appears to be forming a head-and-shoulders […]