Gold prices tumbled by more than 2.30% on Friday as macro markets aggressively priced in a second wave of global inflation stemming from the prolonged U.S.-Iran conflict. Spot bullion slid sharply to trade around the $4,551 threshold after dropping...
The displayed chart reflects a bearish short term structure after a failed recovery attempt near the recent swing highs. Price action initially maintained a steady bullish trend above the medium and long term moving averages, with the red moving...
GOLD H4 Technical Analysis *Technical Structure* Gold H4 has broken down from a 2-week consolidation, trading at *4550.34* after slicing through the key support zone at *4538.56*. The chart shows price was capped by the descending moving average...
Technical analysis of AUDUSD AUD/USD on the 1H timeframe is currently trading under strong bearish pressure after experiencing a sharp rejection from the upper resistance region near 0.7260 – 0.7265. The pair previously maintained a constructive...
Market Overview: Silver (D1) Clears Overbought Conditions with Sharp Correction The daily chart for Silver (SILVER.m, D1) highlights a dramatic shift in market sentiment. After a powerful, vertical rally that peaked near the 89.00 level in early...
