Gold Price Holds Above Key Support Despite Dollar Strength And Policy Uncertainty

Gold Price Holds Above Key Support Despite Dollar Strength And Policy Uncertainty

Photo by Dmitry Demidko on Unsplash Gold (XAU/USD) is hovering slightly lower amid modest pressure from a stronger US Dollar. The slight weakness in …

XAU/USD Chart Analysis: Gold Stabilises Near $3,300 - FinanceFeeds

Throughout May, gold experienced a volatile trading range, driven by global trade tensions and geopolitical conflicts. The XAU/USD chart recorded a high around $3,430 and a low near $3,130. As of now, gold trades close to $3,300 — roughly where it began the month. This price action suggests a balance between supply and demand, with $3,300 emerging as a key level of equilibrium. The chart reinforces this, highlighting the importance of this zone.…

XAU/USD Chart Analysis: Gold Price Stabilises Around $3,300 - Action Forex

Throughout May, a turbulent news backdrop — involving both international trade tariffs and armed conflicts — led to the formation of a peak around $3,430 and a low near $3,130 on the XAU/USD chart. As of today, the price per ounce stands around $3,300 — roughly the same level as at the beginning of the […] The post XAU/USD Chart Analysis: Gold Price Stabilises Around $3,300 appeared first on Action Forex.