Gold Price Action Alerts We will discuss the current behavior analysis of the Gold price. The daily gold chart currently displays strong bearish momentum, with price action shifting downward after hitting a peak around the 2780 level in early...
M-1 Chart Technical Outlook GBP/USD .GBPUSD failed to sustain its bullish momentum and after touching a high of 1.2924, prices fell against the USD in the US trading session today. We can see that the support of the channel has been broken in the...
•••WTI Crude Oil Analysis: November 12, 2024••• Today, WTI crude oil prices are trading around $68.79 per barrel, showcasing the impact of several converging market forces. As winter approaches, seasonal demand is expected to grow, supporting price...
The British Pound (GBP) experienced a dip to two-week lows following a speech by Bank of England (BoE) Governor Andrew Bailey. Bailey’s comments, signaling a potential shift toward more aggressive interest rate cuts in response to subdued inflation,...
The Strong U.S. Dollar Continues to Weigh on XAU/USD Gold’s performance against the U.S. dollar (XAU/USD) remains under pressure due to the continued strengthening of the dollar, which has been climbing steadily amid recent economic policy...