The surface reveals a dominant seller-driven narrative, suggesting an overall bearish sentiment. However, much like an iceberg, a significant part of the market remains hidden beneath the surface. Beneath the visible sell pressure, bargain hunters...
•••Gold Price Holds Steady Amid Economic and Geopolitical Tension(January 10,2025)••• • As of January 10, 2025, gold has remained steady, trading around $2,670 per ounce. With the world economy in a state of flux, gold continues to draw interest...
Gold Technical Analysis In the 30-minute timeframe, gold prices are showing a strong bullish trend. The market structure is clearly bullish as the price is trading above the 200-day simple moving average (SMA), a key indicator of bullish momentum....
•••USD/CHF Market Action: January 10, 2025••• ••Current Price Movements • The USD/CHF pair is trading at a bid price of 0.9139 and an ask price of 0.9142, with a spread of three pips. These figures reflect the balance between market demand and...
The Pound Sterling (GBP) is at a pivotal moment, nearing the lower boundary of a Rising Channel chart formation on the daily timeframe. This technical pattern signals a critical point for GBP/USD traders, as the currency pair could face sharp...
