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 EUR/GBP pair experienced a slight upward movement on Monday, climbing to 0.8330, but the overall trend remains bearish as the pair continues to struggle below the 100-day Simple Moving Average (SMA). This key technical level has acted as a...
USDCHF currency pair - let’s look at the D1 period chart again. The wave structure on this senior period shows an upward trend. The MACD indicator also continues to stay in the upper purchase zone. The first trading day of February turned out to be...
The EUR/USD H1 chart shows a market that has experienced significant fluctuations, with a recent tendency towards a pullback. The Bollinger Bands reveal an expansion phase followed by a contraction, indicating a period of increased volatility that...
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...