The future direction of gold prices will largely depend on the Federal Reserve's policy decisions. If the Fed continues with its dovish stance or proceeds with further rate cuts, gold is likely to remain supported. Lower interest rates generally...
The Japanese yen continued to weaken against the US dollar during the European trading session on Monday, though the decline wasn't dramatic. Market participants remain unconvinced about the Bank of Japan's commitment to further interest rate hikes,...
The spot price is currently navigating a complex landscape, where a combination of central bank decisions, economic data, and technical indicators will determine its next move. While the pair has shown some signs of recovery in recent weeks, its...
Pivot: 43390.00 Our preference: Short positions below 43390.00 with targets at 42500.00 42000.00 in extension. Alternative scenario: Above 43390.00 look for further upside with 43860.00 44210.00 as targets. ...
The Gold (XAU/USD) H1 chart presents a dynamic scenario with significant price action and a potential shift in market sentiment. Below is a detailed analysis based on the provided chart: Gold is currently trading around 2616.90, reflecting a...
