Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
28 November 2022 | Other

There are no factors yet to push gold out of the 1600-1800 range

Gold

Over the past week, gold fell to $1,750 an ounce before recovering back to where it started. Under the current circumstances — high Treasury yields, a strong dollar and aggressive Fed policies — it's hard for gold to achieve a prolonged upward trend.

According to representatives of Gold.ru, at the moment no factor can push gold above $1,600 to $1,800 an ounce.

At the same time, according to Bloomberg, the central banks’ demand for gold this year could grow to 750 tons, exceeding the 50-year high by 100 tons, which is an absolute record.

Company MarketCheese

Recommended

United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
29 July
United States. CPI (MoM). The value of the indicator has decreased from 0.5% to -0.4%
14 July
United States. CPI (YoY). The value of the indicator has decreased from 4.2% to 3.5%
14 July
South Africa. Gold Production (YoY). The value of the indicator has decreased from -0.4% to -4.3%
14 July
United States. CFTC Gold speculative net positions. The value of the indicator has increased from 194K to 194.2K
10 July
Top news
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
29 July
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
16 July
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
16 July
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
15 July
United States. CPI (YoY). The value of the indicator has decreased from 4.2% to 3.5%
14 July
All news

Forecasts

BTCUSD buy
Period: 04.09.2026 Expectation: 3400 pips
Buy Bitcoin with $67,000 target
Indicators and reports FA Other Hot news Chart analysis
Today at 10:15 AM 23
Reed_Marcus
AUDUSD sell
Period: 04.09.2026 Expectation: 900 pips
Selling AUDUSD down to 0.69250
Indicators and reports FA Other Hot news Chart analysis
Today at 08:52 AM 24
Sinclair_John
GBPUSD buy
Period: 31.12.2026 Expectation: 3400 pips
Buy GBPUSD with 1.4000 in sight
FA Other TA Other
Yesterday at 12:31 PM 46
Bruce_Powers
AUDUSD buy
Period: 30.09.2026 Expectation: 1800 pips
Go long on AUDUSD with 0.72100 target
FA Other TA Other
Yesterday at 12:31 PM 33
Bruce_Powers
Silver sell
Period: 17.08.2026 Expectation: 270 pips
Silver sell-off targets $55.50
Indicators and reports Indicators Hot news
Yesterday at 11:19 AM 26
Sinclair_John
EURUSD buy
Period: 10.08.2026 Expectation: 950 pips
EURUSD shows signs of overheating after recent rally
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
Yesterday at 09:22 AM 32
Lyra_Moonwell1
Go to forecasts