Gold Analysis US gold futures closed at $2,778.90 an ounce, up 0.5%, while spot gold settled at $2,772.79 an ounce on Friday, representing a weekly increase of 2.7%. Other precious metals, such as platinum and silver, also posted weekly gains,...
Bearish Candlestick Chart Pattern A bearish candlestick chart pattern is a key indicator in technical analysis used by traders and investors to predict potential downtrends or price declines in financial markets. These patterns often signal a...
The GBP/JPY pair is attracting a lot of interest as it suggests vast upside workable from 109 to 163 pips. This bullish outlook is headquartered on the guide stage of 193.75, a key benchmark that has tested to face up to downward strain so far. The...
Gold Prices Rise in European Trade Gold prices increased during European trading on Monday, marking a third consecutive day of gains as they moved away from a four-week low, maintaining a position above $2,600. Anticipation of Fed Officials' Remarks...
This EUR/USD H4 chart reflects a clear downtrend over the past several months, as evidenced by the consistent series of lower highs and lower lows. The 50-period moving average (red line) acts as dynamic resistance, capping upward price movements,...
