* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, September 19, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

    Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

    Gen V Season 2: What is The Odessa Project? – yahoo.com

    Gen V Season 2: Unlocking the Secrets of The Odessa Project

    PENN Entertainment stock rating reiterated at Market Outperform by JMP – Investing.com

    PENN Entertainment Stock Rated a Market Outperformer by Experts

    Here’s how NJ’s once-vibrant nightclub scene was born and why it died – Bergen Record

    The Rise and Fall of New Jersey’s Once-Vibrant Nightclub Scene: What Happened?

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

    Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    City IT presented Best of North Carolina Technology Award – RaleighNC.gov

    City IT Honored with Best of North Carolina Technology Award

    LELO Releases 2025 Futurist Report: Intergenerational Views on Relationships, Sex, and Technology – PR Newswire

    Exploring the Future: How Different Generations View Relationships, Sex, and Technology in 2025

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

    Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

    Gen V Season 2: What is The Odessa Project? – yahoo.com

    Gen V Season 2: Unlocking the Secrets of The Odessa Project

    PENN Entertainment stock rating reiterated at Market Outperform by JMP – Investing.com

    PENN Entertainment Stock Rated a Market Outperformer by Experts

    Here’s how NJ’s once-vibrant nightclub scene was born and why it died – Bergen Record

    The Rise and Fall of New Jersey’s Once-Vibrant Nightclub Scene: What Happened?

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

    Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    City IT presented Best of North Carolina Technology Award – RaleighNC.gov

    City IT Honored with Best of North Carolina Technology Award

    LELO Releases 2025 Futurist Report: Intergenerational Views on Relationships, Sex, and Technology – PR Newswire

    Exploring the Future: How Different Generations View Relationships, Sex, and Technology in 2025

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Gold Price Analysis: paddling just beneath $2,000

November 5, 2023
in Business
Gold Price Analysis: paddling just beneath $2,000
Share on FacebookShare on Twitter

Spot Gold prices head into the week’s close trading into the midrange.
XAU/USD mixed on US NFP miss.
Near-term trend still tilted towards the upside.

The XAU/USD bid into an intraday high just shy of $2,005 on Friday following the worst read on US Nonfarm Payrolls (NFP) in almost 3 years, but Gold bids recovered to the midrange of the day’s trading to finish up near $1,992.50.

The US NFP report missed expectations, showing the US added only 150 thousand jobs in October compared to September’s bumper reading of 297 thousand jobs additions, which saw a downside revision from the initial print of 336K. Markets initially expected an October reading of 180K, and the headline miss has global markets surging into the trading week’s close as investors cheer the heralded end of Federal Reserve (Fed) rate hikes.

US Nonfarm Payrolls increase by 150,000 in October vs. 180,000 forecast

Gold initially tapped a weekly high of $2,008 on Tuesday before swinging into a weekly low of $1,970.

Despite the NFP miss, Gold struggled to etch in firm gains as cooler metal heads prevail; despite cooling US data, inflation and excess wage growth remain key factors for the Fed, and a single bad NFP reading will do little to push the Fed off of their “higher-for-longer” stance on interest rates.

Money markets are currently pricing in odds of a full percentage rate cute by the end of 2024, a look-ahead that could stand to be premature as the Fed grapples with getting a firm grasp on price volatility.

XAU/USD Technical Outlook

Spot Gold bids are etching in the beginning stages of a rising channel in the near-term, and bids are leaning towards the bullish side with XAU/USD intraday action trading on the north side of the 200-hour Simple Moving Average (SMA) currently rising from $1,985.

Spot Gold has been trading on the top side of the 200-day SMA currently grinding towards $1,940, and Friday’s knock back from the $2,000 major handle sees XAU/USD backing away in preparation for another topside run next week.

XAU/USD Hourly Chart

XAU/USD Technical Levels

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management.
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : FXStreet – https://www.fxstreet.com/news/gold-price-analysis-paddling-just-beneath-2-000-202311032058

Tags: AnalysisbusinessPrice
Previous Post

United States CFTC S&P 500 NC Net Positions: $4.3K vs previous $10.2K

Next Post

‘It was perfect’: Martin Scorsese defends Brendan Fraser’s Killers of the Flower Moon acting

Oil rig study reveals vital role of tiny hoverflies – Phys.org

Tiny Hoverflies Prove Essential to the Health of Oil Rig Ecosystems

September 19, 2025
Meet The “Grue Jay”: A Bizarre Rare Bird Spotted In Texas Is A Unique Hybrid Of Two Different Species – IFLScience

Discover the “Grue Jay”: A Bizarre and Rare Hybrid Bird Spotted in Texas

September 19, 2025
Tracing Iron’s Invisible Transformations Just Beneath Our Feet – eos.org

Uncovering Iron’s Hidden Transformations Beneath Our Feet

September 19, 2025
People who stay madly in love after 20+ years of marriage usually share these 9 daily habits – VegOut

9 Daily Habits That Keep Couples Madly in Love After 20+ Years Together

September 19, 2025
Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

September 19, 2025
How Taylor Morgan became one of Reno’s most recognizable sports voices – Nevada Sports Net

From Local Roots to Legendary: How Taylor Morgan Became Reno’s Most Recognizable Sports Voice

September 19, 2025
Scientists say they’ve found the world’s oldest mummies, and they’re far from Egypt – NBC News

Scientists say they’ve found the world’s oldest mummies, and they’re far from Egypt – NBC News

September 19, 2025
The growing chasm between MAGA and non-MAGA Republicans on Trump’s economy – Axios

The growing chasm between MAGA and non-MAGA Republicans on Trump’s economy – Axios

September 19, 2025
Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

September 19, 2025
CHOP researchers unveil framework for boosting children’s oral health – News-Medical

Revolutionary New Framework Set to Transform Children’s Oral Health

September 19, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (827)
  • Economy (846)
  • Entertainment (21,725)
  • General (17,124)
  • Health (9,891)
  • Lifestyle (860)
  • News (22,149)
  • People (850)
  • Politics (856)
  • Science (16,057)
  • Sports (21,346)
  • Technology (15,829)
  • World (830)

Recent News

Oil rig study reveals vital role of tiny hoverflies – Phys.org

Tiny Hoverflies Prove Essential to the Health of Oil Rig Ecosystems

September 19, 2025
Meet The “Grue Jay”: A Bizarre Rare Bird Spotted In Texas Is A Unique Hybrid Of Two Different Species – IFLScience

Discover the “Grue Jay”: A Bizarre and Rare Hybrid Bird Spotted in Texas

September 19, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version