Gold Analysis: Bear Flag Faces Challenges, Reversal Potential Gold attempted to break out of a bearish flag pattern on Friday, falling below both the low of the flag and the 20-day moving average (MA), which coincided in the same price zone....
GBP/AUD Weekly Outlook Greetings and Good Morning to everyone! This week, the Australian news data was not too good as the Retail sales and the BA governor's speech couldn't bring anything for the dollar. Whereas, the BOE's governor speech and...
Technical Indicators Technical indicators are tools used in financial analysis to evaluate price movements, trends, and potential market direction. They are often employed by traders and analysts in various forms of technical analysis to make...
USD/CAD Greetings and Good Morning to everyone! The current market sentiment of USD/CAD looks in favor of sellers. Because e the US dollar got weakness after the negative news events. So, I expect that the market will remain in favor of sellers in...
Gold prices experienced a slight increase of 0.67% in late North American trading on Friday, despite the potential for a less dovish Federal Reserve. The precious metal is currently trading around $2,652, recovering from a daily low of $2,634....