•••XAU/USD Analysis – November 1, 2024••• As we assess the current landscape of XAU/USD, gold prices have recently shown a notable recovery, trading at approximately $2,758 per ounce. After hitting lows near $2,720 earlier this week, gold has...
•••Crude Oil Market Update: November 1, 2024••• Today, WTI Crude Oil (CLZ24) prices are climbing, currently trading in the $70 to $71 range. This shift reflects a complex mix of geopolitical and supply-driven factors that influence global crude...
Forecast of Crude Oil Yesterday, I took a quick look at the H4 time frame chart and saw that Crude Oil had shifted upward past the moving average lines, but it has since begun to move in the range zone. I glanced at the H4 time frame chart yesterday...
Price Action Overview The EUR/USD has experienced significant fluctuations, achieving a two-week peak around 1.0900 before retreating. This high aligns with the 20-day Exponential Moving Average (EMA), often viewed as a resistance indicator. The...
Forecast of Gold The price of Gold has been circling around the 50 EMA line for the past few trading hours, according to the H1 time frame chart. The price of Gold has fallen in all of the candles, but the final candle on the H1 time frame chart...