XAU/USD News & Analysis

Recent XAU/USD Forex News

The Euro and a Possible Double Top

Despite this latest jump in the Euro, the greater risk still favors the downside for that next big move.


Still Correcting?

Wednesday was a discouraging day when it came to seeing follow through on rec...

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Euro Weakness Not What You Think

The Euro has pulled back from this week's 2017 high but it's no time to be se...


Breaking Down a Wacky Canadian Dollar Trade

This latest USDCAD collapse is another bump for my trading, though the price ...

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Looking for Lots of Reversals

Things are heating up into the mid-week and we're going to find out if many e...


What About EURJPY?

EURJPY has been en fuego over the past several days. But with both EURUSD and...


Euro Getting Close to Topping Out

The Euro is at risk for one more decent push before it comes tumbling down ag...


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Gold traded in US Dollar terms (XAU/USD) currency pair is often used as a traditional hedge against risk and inflation.  The commodity is tied to the Australian Dollar, South African rand and Canadian Dollar, given the fact that these three countries are large producers of the metal. For the most part, GOLD does well in market environments where there is increasing uncertainty, with investors looking to rotate into traditional hard asset.  Gold continues to make up a large part of central bank reserves globally.