•••XAU/USD Analysis – November 1, 2024••• As we assess the current landscape of XAU/USD, gold prices have recently shown a notable recovery, trading at approximately $2,758 per ounce. After hitting lows near $2,720 earlier this week, gold has...
•••Crude Oil Market Update: November 1, 2024••• Today, WTI Crude Oil (CLZ24) prices are climbing, currently trading in the $70 to $71 range. This shift reflects a complex mix of geopolitical and supply-driven factors that influence global crude...
Forecast of Gold The price of Gold has been circling around the 50 EMA line for the past few trading hours, according to the H1 time frame chart. The price of Gold has fallen in all of the candles, but the final candle on the H1 time frame chart...
Zigzag Pattern : The zigzag pattern is an intriguing design commonly seen in textiles, graphic arts, and architecture, defined by its sharp, angular lines that alternate in direction, resembling the letter "Z" or "N" on repeat. This bold and...
Price Action Overview The EUR/USD has experienced significant fluctuations, achieving a two-week peak around 1.0900 before retreating. This high aligns with the 20-day Exponential Moving Average (EMA), often viewed as a resistance indicator. The...