GOLD But if you look closely at the correlation chart, you can clearly see that the dollar index #USDX and the gold price XAUUSD were synchronous and in phase until January 13, but this week before inflation everything changed, the index is down...
Gold technical analysis Four hour time frame: In a falling wedge, I destroyed gold options faster than I expected. The metal has found support at the 2658 level and has bounced and traded there multiple times. This week, we should be able to recover...
XAU/USD Technical Analysis and Market Sentiment Market Efficiency and Current Value Today, the XAU/USD market hit a low of 2659 and a high of 2674, and the current price is trading at 2669. The XAU/USD market tested the support level of 2660, which...
•••GBP/USD: Caught in a Tight Range(January 15,2025)••• • The GBP/USD pair is currently caught in a narrow range, hovering around 1.2170 as traders wait for clear direction. The market has been somewhat stagnant, unable to make significant moves as...
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...
