Gold (XAU/USD) is setting a new peak since mid-May during the European trading session. It is set to follow up on its recent gains from breaking out above a strategically critical level of the 200-day Simple Moving Average (SMA). Weaker prospects of...
_Gold Spot / U.S. Dollar · 4h · OANDA | $4,639.645 +0.80%_ _1. Price Structure_ Left to right: Early Apr peak ∼$4,800 > May 13 drop ∼$4,350 > May 20 bounce ∼$4,550 > Jun 5 drop ∼$4,300 = LH. Jun 5 ∼$4,300 > Jun 11 spike ∼$4,100 > Jun 15 recovery...
Support Levels The primary support zone is located at 4305.40 – 4346.70, which represents the recent swing low region. The level 4346.70 is the higher end of this cluster, while 4305.40 is the ultimate line of defense shown on the chart. A secondary...
Executive Market Overview: The GBP/USD currency pair trades near the 1.3641 handle, testing multi-month highs last observed in mid-May. Broad institutional order flow is currently driven by persistent dollar weakness and resilient UK macroeconomic...
NZD/USD 4H Bullish Above 0.5900: Buyers Target 0.6000 After Strong Breakout NZD/USD is trading around 0.59724 on the 4-hour OANDA chart, with price firmly in a bullish structure after a powerful upside expansion. The pair has moved from the...
