Gold Update Technical Analysis GOLD / Gold / XAUUSD. Trading plan for forecasting the market movement of the currency pair. The analyzed timeframe is 4 hours. Let's analyze the current movement of the instrument in the near future using three...
Gold made a big move on Friday when it broke above a key short-term trend line to hit an intraday high of 2,698 – a new high for the current trend. This advance marks the completion of the 78.6% Fibonacci retracement at 2,695, slightly above the...
Silent Points about XAUUSD: Currently, the XAUUSD market is closed near the 2690 level, which acts as a resistance level. The price struggles to move higher without a strong catalyst at such levels. A breakthrough at 2692 or 2695 could signal upward...
EUR/USD stays under bearish pressure and trades below 1.0300 in the American session on Friday. The US Dollar benefits from the upbeat jobs report, which showed an increase of 256,000 in Nonfarm Payrolls, and forces the pair to stay on the back foot...
The U.S. dollar jumped to a fresh 26-month high after U.S. non-farm payrolls (NFP) rose in December, dashing market hopes for another Federal Reserve (Fed) rate cut in 2025. Investors will focus next week on upcoming U.S. inflation numbers, but...
