Gold prices experienced a modest uptick on Tuesday, recovering from a slight dip earlier in the week. This surge followed the release of the US Producer Price Index (PPI) data, which revealed a slower-than-expected increase in producer prices. This...
GOLD But if you look closely at the correlation chart, you can clearly see that the dollar index #USDX and the gold price XAUUSD were synchronous and in phase until January 13, but this week before inflation everything changed, the index is down...
XAU/USD Technical Analysis and Market Sentiment Market Efficiency and Current Value Today, the XAU/USD market hit a low of 2659 and a high of 2674, and the current price is trading at 2669. The XAU/USD market tested the support level of 2660, which...
The GBPCHF exchange rate started the week with a continued downward trend that had already begun the previous Friday. The price dropped below the 1.1100 psychological level and reached a low of 1.1090. However, the price attempted to move upwards,...
The GBP/USD currency pair is currently consolidating within a narrow trading range around the 1.2200 level, exhibiting a lack of decisive direction. This indecision comes amidst the release of crucial inflation data from both the US and the UK,...