Market Fundamentals: The Reserve Bank of Australia’s (RBA) determined approach to combating high inflation has shifted market sentiment, with investors now expecting a more gradual reduction in interest rates. Inflation remains stubbornly elevated,...
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...
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Gold Price Move Patterns Like trading last week, at the beginning of this week, gold prices fluctuated with a slightly strengthening position, although they were pressured by the start of the ceasefire between Israel and Palestine. However, it...
Technical Analysis: EUR/USDUS EUR/USD recovers to near 1.0300 as the risk mode is on, with investors focusing on Trump’s inauguration. The Fed is expected to keep interest rates at their current levels by the May policy meeting. ECB’s Stournaras...