Gold Price Forecast: Defending $4,400 is critical for XAU/USD buyers

Gold is replicating negative trades seen in Asia on Monday, as sellers return early Tuesday to challenge critical support just above the $4,400 level once again.

Japan’s MOF official says expects BoJ to steer policy aligned with economy, not influenced by US

A senior official from Japan’s Ministry of Finance on Tuesday declined to comment on recent foreign exchange shifts, adding that expected the Bank of Japan (BoJ) to steer monetary policy aligned with the economy, not influenced by the United States.

Amazon Elliott Wave structure signals a higher‑degree correction ahead [Video]

Short‑term Elliott Wave analysis in Amazon (AMZN) indicates that the cycle from the April 7, 2025 low concluded with wave ((1)) at $287.22, forming a diagonal structure. The stock has since entered a larger‑degree wave ((2)) pullback designed to correct that completed cycle.

Silver Price Forecast: XAG/USD trades flat around $66.60 ahead of US data

Silver price (XAG/USD) trades in a tight range at around $66.67 during the Asian trading session on Tuesday. The white metal consolidates as investors await the United States (US) ISM Manufacturing PMI data for August and the JOLTS Job Openings data for July, which will be published at 14:00 GMT.

Crypto Overview: Bitcoin shows resilience at $78,000 – Arbitrum, Curve DAO rally

The broader cryptocurrency market sustains its risk-on sentiment, with Bitcoin (BTC) showing resilience near $78,000 on Tuesday.

Gold Price Analysis: Pullback Accelerates Amid Fed Repricing, Retail Liquidation

Gold price analysis suggests the probability of further downside as the stronger dollar weighs on the precious metal. The new Fed Chair nomination has triggered a wave of deeper retracement in gold after a strong rally. Gold’s structural support remains intact as central banks still buy, while US-Iran tension also maintains a safe-haven demand. Gold...

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AUD/USD Forecast: RBA Decision vs Hawkish Fed Risks Cap Near-Term Upside

The AUD/USD forecast edges to the downside despite a hotter inflation print as the yields fell sharply, suggesting only a single RBA hike in the near term. Trump’s nomination of Kevin Warsh as the next Fed Chair lifts the US dollar, as markets view the decision as less dovish. COT positioning suggests reduced AUD longs,...

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EUR/USD Weekly Forecast: Bulls Fading from Multi-Year Top Ahead of ECB, NFP

The EUR/USD weekly forecast points to a corrective downside despite the pair ending the week with net gains, as the US dollar recovered slightly. Upbeat US PPI and the Fed’s hold in its recent meeting lent room to the falling dollar. The markets will closely watch the ECB rate decision and US employment data for...

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GBP/USD Weekly Forecast: Firm USD Risks Break of 1.37, Eyes on BoE, NFP

The GBP/USD weekly forecast remains slightly subdued as the markets pared partial weekly gains amid dollar recovery and profit-taking. Fed’s data dependency and resilient UK economy continue to balance the GBP/USD. Market participants eye the US NFP and the BoE interest rate decision to gauge further directional bias. The GBP/USD price closed its second consecutive...

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Gold Outlook: Strong Selling Amid Firm Dollar Ahead of US PPI

The gold outlook remains slightly deteriorated after a 4% plunge in a single session amid profit-taking. The structural demand for gold stays intact, with institutional targets set at $6,200 by mid-2026. Gold’s path could be bumpy depending on US macroeconomic data releases. Gold has been experiencing increased volatility after breaking the $5,500 barrier. The metal...

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