February 22, 2025 The gold market continues its remarkable ascent, with spot gold (XAU/USD) trading near record highs at approximately $2,937 per ounce. This surge reflects a 44% increase over the past year, driven by a confluence of economic and...
The GBP/JPY currency pair continues to show signs of bearish pressure, with technical indicators suggesting a potential decline between 102 and 151 pips. The pair remains below the crucial resistance level at 189.51, which has proven to be a...
Gold Daily Time Chart Analysis Gold (XAU/USD) is currently trading around $2,936 after showing a slight decline from recent highs and is in a strong uptrend. Continued investor demand, inflation concerns, and geopolitical uncertainty have fueled...
The GBP/JPY currency pair remains trapped in a bearish cycle, with technical indicators pointing toward a decline between 102 and 151 pips in the upcoming sessions. The price has been unable to break above the 189.51 resistance level, reinforcing...
I agree with your assessment, and I believe the ascending wedge is indeed forming, which typically suggests that the higher the price goes, the smaller the pullbacks become. I think this pattern indicates that waiting for deeper retracements might...
