Gold prices continue to surge, reaching record highs above $2,900 per ounce as investors seek refuge amid escalating trade tensions and inflationary concerns. The precious metal has benefited from its status as a traditional store of value, with...
The GBP/USD pair remains under pressure near the 1.2400 level during the early European session on Monday, as the US Dollar maintains its strength amid heightened trade war concerns following President Trump’s latest tariff threats. The pair’s...
The AUD/USD pair has shown resilience despite a stronger US Dollar, recovering from two consecutive daily losses and approaching the 0.6300 level. However, caution is warranted from a technical standpoint. The pair faces critical support at 0.6087,...
Gold Technical Analysis and Uptrend Continues. Gold is currently showing strong positive momentum and is trading near 2906. The market gained momentum after breaking the key resistance level of 2885, which led to an increase in price. Gold reached a...
The GBP/USD H1 chart presents an interesting structure, reflecting a period of volatility followed by a slight contraction. The Bollinger Bands indicate that the price has recently moved from a strong uptrend into a phase of consolidation, where the...