Today, if we look at the higher timeframe D1 and overlay the Fibonacci target grid on the first wave, we can see that the 161.8 level has been reached. Additionally, the price has exceeded the high of the previous year 2023, indicating a potential...
The EUR/USD 4-hour chart presents a notable bullish trend, especially from mid-July to early August, where the pair experienced a strong upward movement from the 1.08000 level to the 1.12000 level. However, this upward momentum has recently faced...
Silver prices have entered a key business zone. After initially breaking this level, the pair quickly retraced, tested, and then rebounded. Yesterday, it bounced back to the 28.71 level. The Relative Strength Index (RSI) has dropped below 40.00 on...
Fundamental Analysis Friday saw a sharp decline in gold prices of more than 0.90%, closing below $2,500 for the second day of the week. This move was due to data from the US Department of Commerce that showed that July's core Personal Consumption...
The price of gold experienced a decline of over 0.90% on Friday, falling below $2,500 for the second time this week. This decrease followed the release of the U.S. Commerce Department's report on the core personal consumption expenditures (PCE)...