Hello, dear traders! Here is my analysis of the XAU/USD pair on the hourly chart. Currently, the price is positioned at 2331. From this point, there are two potential scenarios for the price movement. In the first scenario, the gold price might...
For oil on Friday, after updating the previous day’s high, the price was reversed and uncertainly pushed to the south, as a result of which a corrective uncertainty candle was formed with a slight bearish advantage. It is obvious that there was an...
The British Pound (GBP) caught a breath on Thursday, finding support against the US Dollar (USD) just above the key level of 1.2600 during the New York trading session. This came despite a slight pullback in the USD after the US Dollar Index (DXY)...
Gold Prices Fall in Early Asian Trading On Monday morning in the Asian markets, gold prices fell, sitting close to $ 2,321 per ounce. This drop is due to various global economic and political events affecting market sentiment. But bulls managed to...
Recently, there was a notable breakout of sellers when the price rose above the 2330 mark. This breakout was significant because it indicated a potential shift in market sentiment from bearish to bullish. However, the excitement was short-lived....