Trend Analysis for the Gold Market From the level of the price of gold, which currently stands at about 2750.21, there has been a retreat from the peak value it reached recently at about 2767.26. The pullback depicts that the price adjusted downward...
Overview of EUR/JPY Trendossible Signs of Recovery The EUR/JPY currency pair recently entered a firm downtrend movement, characterized by a succession of lower highs versus lower lows in the earlier part of its chart. This is the hallmark of a...
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Gold prices surged over 1.8% at the beginning of the week, surpassing the $2,600 mark after a recent dip to $2,536. This upward trend was primarily driven by escalating tensions in the Russia-Ukraine conflict and a weakening US dollar. The US...
Forecast of Gold The price of Gold has been steadily rising since the beginning of the previous trading day because it crossed the 26 and 50 EMA lines to the upside early yesterday morning on the H1 time frame chart. However, the Gold also crossed...
