Forecast of Gold The price of Gold decreased during the price adjustment since it had reached the overbought level on the H1 time frame chart according to the RSI indicator and numerous other technical indicators. However, the price decline was...
Market Fundamentals: A Republican sweep in the upcoming elections could pave the way for inflationary pressures as the administration launches tariffs and pursues deficit-spending policies. This scenario, coupled with expectations for a less...
The XAU/USD chart on the H1 timeframe demonstrates a clear bullish trend that has been unfolding from late November 2024 to mid-January 2025. This trend is characterized by a series of higher highs and higher lows, which confirm strong buying...
Bearish Candlestick Chart Pattern A bearish candlestick chart pattern signals a potential decline in the price of an asset, typically indicating selling pressure and a negative sentiment in the market. Traders and investors often rely on these...
Gold Technical Analysis and Forecast (XAU/USD) The gold market continues to trend higher and shows upward momentum. Although gold dropped to 2748 today, it recovered and is trading at 2754. On the hourly chart, the price is moving towards the...
