Bullion Retraces Toward $4,610 Floor Post-PCE Print: XAU/USD Refuses to Capitulate Ahead of Jackson Hole Catalyst The XAU/USD (Gold) spot rate retreated toward $4,610.00 during Thursday's early Asian session, pulling back from recent multi-month...
GBP/USD H1 Update – Looking for the Next Move After the Resistance Rejection A few days ago, I was looking at GBP/USD from the higher timeframe and the overall weekly direction was bullish. The market has actually been respecting that idea quite...
Gold H1 Technical Outlook: Recovery Meets Key Resistance Gold (XAUUSD) on the H1 chart is showing a clear recovery after a strong bearish decline. Price dropped from the 4630–4634 area toward 4586, where buyers appeared and created a strong rebound....
I still see GBP/USD with a major bullish structure, but the price is currently showing a correction after reaching the 1.3670–1.3675 zone, which is acting as a fairly strong resistance. The pair reached a six-month high near 1.3675 and subsequently...
The GBP/USD currency pair maintains a strongly justified upward trajectory, driven by an expanding array of fundamental pressures weighing on the U.S. Dollar. The Greenback continues to confront significant macroeconomic headwinds, including the...