Gold price sharply up as USDX slumps, U.S. bond yields decline

Thesis Gold, ideally positioned, cheaply valued, strong backing – Epstein Research

The weakness in the U.S. dollar has been an important, but vastly underreported financial event. There are breathless accounts of BIG YTD gains in gold (“Au“) +28% & silver (“Ag“) +27%, yet DXY (the US$ vs. a basket of six currencies, with a heavy Euro weighting), is -11% in the past six months. Why does it matter? It means inflation from the cost of imports (on top of tariffs on those imports) will be a drag on the U.S. economy & global stock m…

Gold Price Prediction: Support Near $3,180 Could Trigger Short-Term Bounce

Key Insights: Gold price defended $3,180 support as traders eye $3,295–$3,300 for potential rejection. Weekly Gravestone doji warns that a bullish long-term breakout is still possible. Cup-and-handle pattern is still aiming at the mark of $3,800-4,000, provided that $3,300 is broken shortly. Gold price is hovering near a critical support zone as technical analysts weigh diverging possibilities for a near-term rebound or deeper retracement. The …

Gold price sharply up as USDX slumps, U.S. bond yields decline

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