XAU/USD Technical Analysis, Market Overview and Trading Plan Current market overview XAU/USD is currently trading at 2654 after testing the intraday high at 2664. This level is closely related to the 100-period simple moving average on the H4 chart....
Technical outlook: Gold price Gold prices increase despite a slight rise in the US Dollar following mixed PMI data. Investors await the Fed’s interest rate decision and economic projections, expecting a 25 bps cut on Wednesday. The market speculates...
Hello, EUR/USD is seen hovering around the 1.0500 level, unable to find a clear directional path. EU PMI data came in better than expected but still points to a contraction in the union. United States PMIs show a sharp contraction in the...
The Spot price saw a slight upward movement during the early Asian session on Monday, reaching near 1.4270. This move was largely driven by the weakness of the US Dollar (USD) across the board. Investors remain on edge as they await more concrete...
The Spot price has been trending upwards, reaching around 154.50 during the early Asian session on Monday. However, it has since pulled back slightly as the US Dollar (USD) retreats from a nearly three-month high achieved in the previous trading...