The current pair demonstrated resilience on Friday, rebounding to 0.5610 during the American session after hitting a fresh yearly low of 0.5580 earlier in the day. This recovery was fueled by the Dollar retreating from its intraday gains, which had...
Gold tested resistance at the 50-day moving average (MA) on Friday, hitting a high of $2,665 after a similar attempt on Thursday. However, it pulled back around the 20-day MA to test support at $2,639 and is now trading near the daily lows and is...
The EUR/GBP has been trading in a relatively narrow range, indicating a period of consolidation. The pair currently stands at 0.8297, slightly above the red moving average, which indicates moderate bullish momentum. However, the overall structure...
Gold remains a beacon of stability for investors amid global economic uncertainties. Despite immediate challenges such as rising Treasury yields and robust equity markets, gold’s fundamental allure continues to attract demand. If the precious metal...
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