The price movement of gold displayed in this chart highlights clear trends and consolidation phases over the analyzed period. Starting in late November, the market experienced a strong bullish rally, pushing the price toward a peak near 2728. This...
THE CURRENCY PAIR USD-CAD A bit more and it will touch the 200 moving average. Now if the bears push a bit, there will even be a breakout of the moving average, and then it will be possible to build a Fibonacci retracement to try to determine...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Today, let's talk about the chart prepared in this time frame. Our objective today is to estimate future movements in the price of Crude oil. Crude oil is trading at 77.98 at the time of writing....
The global gold market is currently navigating a complex landscape of conflicting pressures. The US dollar's strength, fueled by robust employment data and a hawkish Fed stance, has exerted downward pressure on gold prices. This pressure is further...
West Texas Intermediate (WTI) crude oil prices traded around $76.75 per barrel on Wednesday, reflecting a delicate balance of bullish and bearish forces. The recent imposition of new US sanctions on Russian oil exports has heightened concerns about...
