Technical Analysis of Gold (H4 Timeframe) 1. Current Market Position The screenshot shows a sell position of 0.05 lots on Gold (XAU/USD). The current price is 3303.35, with recent highs and lows around 3305.19 and 3300.05, respectively. The market...
The EUR/USD pair retreated from the 1.1400 level for the second consecutive day on Tuesday, falling more than 0.40% to 1.1335. This decline was primarily attributed to a positive US consumer confidence report and weaker-than-expected inflation data...
West Texas Intermediate (WTI) crude, the benchmark US crude, was observed trading around $60.90 a barrel during Wednesday's Asian trading hours. WTI prices experienced a slight dip, largely influenced by growing supply concerns following reports of...
Gold prices are currently exhibiting stability, hovering around the $3,300 level, and appear to be consolidating within a range defined by $3,250 on the lower end and $3,300 on the upper end. Despite this immediate consolidation, the broader uptrend...
Hi. Gold buyers became somewhat unglued, unable to sustain a move higher, though Friday was behind them. However, to continue the rise, they will need to break and merge above the 3365.92 level, if they do this, then the price could rise to the...