Gold Daily Forecast Gold prices have seen an unprecedented rally in recent months, reaching record highs amid geopolitical uncertainty, central bank hawkishness, and a weaker US dollar. The current price action remains within an established uptrend,...
The US Federal Reserve’s monetary policy has been a key catalyst for the rise in the price of gold, with investors’ demand for the precious metal rising amid expectations of an interest rate cut later this year. A weaker US dollar has also provided...
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I have been closely monitoring GBP/USD, and my expectations for a southern correction have played out as anticipated. I was waiting for a test of the XamaSystem indicator on the daily timeframe, which has now occurred within the 1.2922-1.2846 range....
AUD-USD PAIR ANALYSIS The AUD-USD pair experienced an up and down movement last Friday. Sellers who tried to dominate in the Asian session have made the price move down away from its daily open which was opened at a price of 0.6302. The weakening...
