Market Fundamentals: Geopolitical risks are rising as reports emerge that U.S. President Biden discussed plans to attack Iran’s nuclear facilities if Tehran moves closer to developing a nuclear bomb before Donald Trump’s inauguration. This...
Gold Price Activity The Gold price behavior analysis is a matter for discussion. The gold market is at a critical juncture as traders monitor price action alongside broader economic developments. On the 4-hour gold chart, a sell position has been...
Forecast of Silver Looking at the Silver H1 time frame chart, I saw aggressive bullish activity in the last candle, but Silver however produced the Doji candle. In the current candle, however, the price is increasing steadily and has even crossed...
Market Fundamentals: According to Eurostat’s flash estimates, the Eurozone economy expanded by 0.9% year-over-year, accelerating from the 0.6% growth recorded in the previous quarter. This robust performance was primarily driven by an unexpected...
The Aussie dollar saw a modest recovery during the early hours of Monday, but the move appears to be limited and reflects broader market dynamics. Similar to the Euro, the current rally appears less about internal strength in the Aussie and more...