Gold Daily Forecast On the daily chart of Gold. The price closed at 4341 on Friday. A sharp rebound occurred after the release of multiple major news items: Average Hourly Earnings m/m, Non-Farm Employment Change, and Unemployment Rate. Non-Farm...
Gold on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors The biggest driver behind Friday's move was the US labour-market report. Instead of adding jobs, the US economy lost 23,000 nonfarm positions in July. Economists had...
Gold 15-Minutes Analysis: The examination of the change in the price of gold is the topic of our conversation. The strong support level of 4342.16 could be the starting point for buy trades. I am cautious, too, and I won't evaluate the market's...
GBPUSD H1 Chart Review: The GBP/USD currency pair has shown a consistent downward trend in the H1 timeframe over recent trading sessions, indicating a possible continuation of bearish momentum. It is clear from analyzing market behavior that...
EURUSD 1-Hour Analysis: EUR/USD recovered from recent lows around the 1.15581/1.15576 zone and retook the 1.15881 level and beyond with the improving sentiment in the risk-associated market. After trading flat during the Asian session, the EUR/USD...