XAU/USD Technical Analysis: For over a month, the XAU/USD pair has been stuck in a narrow trading range between 2322 and 2310. During this time, selling pressure has increased significantly, while buying interest has waned. Current technical signals...
I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...
Gold Price Analysis: Key Insights From The H1 Chart Today, the gold market witnessed some interesting movements. Initially, there was a bullish trend; however, this was short-lived as the price experienced a significant drop. Our H1 chart clearly...
The Japanese yen is weakening significantly against the US dollar. This is due to a combination of factors, including expectations of continued high interest rates in the US and ongoing weakness in the Japanese economy. On one hand, the US Federal...
Silver Price Dynamics The present discussion pertains to the analysis of Silver's price behavior. The long-term trend for Silver remains upward, but a correction is underway, with the price testing the support level at 29.12. If there is a reversal...