General Points of XAUUSD: We have observed that as the U.S. dollar stabilized, the XAUUSD market began to trend downward. On Friday, this market closed at the 2747 level, which serves as a middle point. Below this level, the 2738 mark, and above,...
Technical analysis of XAUUSD Today I chose gold for technical analysis, the target market is currently in a downtrend, and the price is rising. Gold is currently at a support level; the price of gold rose from a support level in 2769 to a resistance...
The GBP/USD currency pair extended its downward trend on Thursday, trading around the 1.2950 level. This decline is primarily attributed to the strengthening US dollar, which gained momentum following the release of mixed US economic data. While the...
Price Action Price action in Forex trading refers to analyzing historical price movements to make trading decisions without relying on lagging indicators like moving averages or oscillators. Instead, traders focus on real-time market data,...
•••XAU/USD Market Insights: October 31, 2024••• Today, XAU/USD is exhibiting a cautious stance, trading around $2,779 after reaching a high of $2,790. The precious metal, often sought for its safe-haven appeal, reflects a blend of economic...
