{"id":46073,"date":"2025-05-19T11:42:13","date_gmt":"2025-05-19T14:42:13","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/05\/19\/weekly-data-for-oil-and-gold-price-review-for-the-week-ahead\/"},"modified":"2025-05-19T11:42:13","modified_gmt":"2025-05-19T14:42:13","slug":"weekly-data-for-oil-and-gold-price-review-for-the-week-ahead","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/05\/19\/weekly-data-for-oil-and-gold-price-review-for-the-week-ahead\/","title":{"rendered":"Weekly Data for Oil and Gold: Price Review for the Week Ahead"},"content":{"rendered":"

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Gold<\/a> prices rose following Moody\u2019s downgrade of the U.S. credit rating, triggering a risk-off shift in markets. However, growing investor skepticism is emerging, with 45% now viewing gold as overvalued. Despite safe-haven demand, gold may have peaked for now, as positioning is overcrowded and the outlook remains cautiously bullish long-term, but near-term gains may be limited unless geopolitical tensions escalate further. Treasury rhetoric on tariffs added to uncertainty, supporting gold for the time being..<\/p>\n

From a technical point of view, the price of gold has rebounded at a major technical support level on the chart, consisting of the lower band of the Bollinger bands, the 50-day moving average, and the 61.8% of the Fibonacci retracement level. Currently, it is testing the resistance of the 50% of the daily Fibonacci retracement level while the Stochastic oscillator is at neutral levels.<\/p>\n

The moving averages are confirming the overall bullish trend despite the recent sell-off; therefore, it is possible to see a minor bullish run in the upcoming sessions. If this happens, then the first area of potential resistance might be seen around $3,300, which is the psychological resistance of the round number as well as the 38.2% of the daily Fibonacci retracement level.<\/p>\n

This article was submitted by Antreas Themistokleous<\/em>, an analyst at Exness<\/em><\/a>.<\/p>\n<\/div>\n

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[ad_1] Gold prices rose following Moody\u2019s downgrade of the U.S. credit rating, triggering a risk-off shift in markets. However, growing investor skepticism is emerging, with 45% now viewing gold as overvalued. Despite safe-haven demand, gold may have peaked for now, as positioning is overcrowded and the outlook remains cautiously bullish long-term, but near-term gains may be limited unless geopolitical tensions escalate further. Treasury rhetoric on tariffs added to uncertainty, supporting gold for the time being.. From a technical point of view, the price of gold has rebounded at a major technical support level on the chart, consisting of the lower band of the Bollinger bands, the 50-day moving average, and the 61.8% of the Fibonacci retracement level. Currently, it is testing the resistance of the 50% of the daily Fibonacci retracement level while the Stochastic oscillator is at neutral levels. The moving averages are confirming the overall bullish trend despite the recent sell-off; therefore, it is possible to see a minor bullish run in the upcoming sessions. If this happens, then the first area of potential resistance might be seen around $3,300, which is the psychological resistance of the round number as well as the 38.2% of the daily Fibonacci retracement level. This article was submitted by Antreas Themistokleous, an analyst at Exness. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":46074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-46073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t