Reading the Gold Prices We focus on dissecting the real-time Gold pair price assessment. Gold continues to maintain a bullish outlook on the H4 timeframe, trading near the $2860 mark as the market prepares to reopen. Over the past few weeks, gold...
The GBP/USD weekly chart presents a long-term bearish trend with multiple retracement phases, consolidations, and resistance rejections. Historically, the pair traded above 1.70 in mid-2014 but experienced a sharp decline due to Brexit uncertainty,...
Market Fundamentals: The release of weaker-than-expected Chinese economic data early in the day has contributed to a subdued market sentiment. The PMI was confirmed at 50.5, falling short of both the previous reading of 51.7 and market expectations....
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Market Fundamentals: Federal Reserve Chair Jerome Powell has downplayed expectations of imminent rate cuts, citing economic resilience, a robust labor market, and persistent inflationary pressures. Powell emphasized that there are no urgent signals...
