{"id":175517,"date":"2023-10-17T05:42:52","date_gmt":"2023-10-17T00:12:52","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=175517"},"modified":"2023-10-17T05:42:52","modified_gmt":"2023-10-17T00:12:52","slug":"thin-monday-rebound-leaves-xau-usd-into-1920-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/thin-monday-rebound-leaves-xau-usd-into-1920-crypto-news\/","title":{"rendered":"Thin Monday rebound leaves XAU\/USD into $1,920 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>Spot Gold took an early dip in Monday trading, testing into $1,908 before recovering alongside the rest of the market.<\/strong><\/li>\n<li><strong>Investor sentiment has broadly returned to risk-on after last week&#8217;s souring.<\/strong><\/li>\n<li><strong>XAU\/USD has flattened out heading into a hectic Tuesday trading session.<\/strong><\/li>\n<\/ul>\n<p>Spot Gold prices took an early tumble from the week&#8217;s opening bids, sliding from Monday&#8217;s $1,933, declining into $,1908 in early Monday trading before XAU\/USD recovered investor sentiment alongside the broader market.<\/p>\n<p>Last week saw investor <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/technical-analysis\/sentiment\/risk-appetite\">risk appetite<\/a> get snarled on the escalation of the Israel-Hamas conflict the weekend before last. Geopolitical concerns weighed on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/technical-analysis\/sentiment\">market sentiment<\/a> all last week, but investors have appeared to shrug off the conflict and have eyes turned upwards.<\/p>\n<p>Gold is set for a continuation of last week&#8217;s gains. Friday saw an extended run for spot prices, with the XAU\/USD gaining nearly 3.5% bottom-to-top.\u00a0<\/p>\n<h2 class=\"fxs_headline_medium\">XAU\/USD Technical Outlook<\/h2>\n<p>Gold prices are getting hung up in the midrange on daily candlesticks, with the XAU\/USD facing a rejection from the 200-day Simple Moving Average (SMA) near $1,930. The 50-day SMA is marking in a floor beneath prices, providing technical support from the $1,900 major handle, and price action is caught between the two moving averages.<\/p>\n<p>XAU\/USD&#8217;s bullish reversal from early October&#8217;s bottoms into $1,810 leaves spot Gold hung up in familiar territory, after Gold initially fell into the region after July&#8217;s drop from the $1,980 neighborhood.<\/p>\n<h2 class=\"fxs_headline_medium\">XAU\/USD Daily Chart<\/h2>\n<\/p>\n<h2 class=\"fxs_headline_medium\">XAU\/USD Technical Levels<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Spot Gold took an early dip in Monday trading, testing into $1,908 before recovering alongside the rest of the market. Investor sentiment has broadly returned to risk-on after last week&#8217;s souring. XAU\/USD has flattened out heading into a hectic Tuesday trading session. Spot Gold prices took an early tumble from the week&#8217;s opening bids, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":10825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,484,255,250,252,247,253,249,256,254,485],"class_list":["post-175517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gold","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress","tag-xauusd"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=175517"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175517\/revisions"}],"predecessor-version":[{"id":175518,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175517\/revisions\/175518"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/10825"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=175517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=175517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=175517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}