TRADING CHART ON GOLD D1. The provided daily chart of gold (GOLD, D1) showcases a robust and sustained bullish trend that has been in play since mid-2023. The price is consistently trading above its 200-day moving average (red line), which serves as...
The GBPCHF exchange rate started the week with a continued downward trend that had already begun the previous Friday. The price dropped below the 1.1100 psychological level and reached a low of 1.1090. However, the price attempted to move upwards,...
The EUR/USD currency pair experienced a brief rebound from its recent lows, reaching near the 1.0300 level. However, the recovery proved fragile, with the pair remaining under pressure, highlighting the bearish sentiment that has dominated the...
Gold prices experienced a modest uptick on Tuesday, recovering from a slight dip earlier in the week. This surge followed the release of the US Producer Price Index (PPI) data, which revealed a slower-than-expected increase in producer prices. This...
XAU/USD FORECAST WEDNESDAY, 15. 01. 2025 Xauusd fell again after approaching the sell block order area (2710-2725). The dollar which strengthened again with the results of last week's NFP data stopped the increase in xauusd. The price fell again...