Gold prices experienced a decline on Thursday as investors digested the latest US jobless claims data and anticipated the release of November's non-farm payrolls report. A rise in US Treasury yields, fueled by reduced expectations of a Federal...
Technical and Fundamental Analysis for XAU/USD H4 Chart: The gold price tested the lows at 2612 but recovered sharply and is currently trading around 2642. A strong bounce off 2612 creates a reversal opportunity, such as a bullish bounce or pin bar,...
On the H1 time frame, the GBPUSD currency pair is in a bullish trend, but on a larger time frame it still shows a bullish trend. The price may have the opportunity to continue rising in the short term. The upcoming NFP data report and other US...
EUR/USD H-1 At the time of writing, the EURUSD pair is undergoing a southern correction in the upper half of the chart at 1.05681. InstaForex indicators on the forum show a slight advantage for buyers in the first part of the 55.55% range. In the...
•••Gold and the Dollar: Navigating Today’s(December 6,2024) Market Drama••• ••A Day of Anticipation Gold’s shimmering allure never fades, and its battle against the U.S. dollar remains captivating. As XAU/USD lingers around $2,645, traders brace for...