The spot price experienced dip-selling pressure during Thursday's Asian session, leading to a drop near mid-1.2970. Despite this pullback, a mix of factors may limit any further declines. The recent price action has generated mild downward momentum....
Technical Analysis of Gold Well let's take a look at this previous analysis in which I talked about the target of the rise on the daily chart and also the trend of the rise on the 4-hour chart You can view it from this link The analysis of the...
A Pennant pattern is a continuation chart formation observed in financial markets when a security undergoes a significant price movement followed by a brief consolidation before continuing in the same direction. This pattern resembles a small...
General Points of XAUUSD: Currently, a bullish concept is increasing and the buyers are trading at 2689 right now. Hence, we can use different strategies in this market as the steadiness of unemployment data might temper some of the enthusiasm...
The 25 basis point cut by the ECB has probably been fully factored in. The current high expectation of a further ECB rate cut in December faces an increased risk of overvaluation. Watch for key medium-term support at 1.0780/0750 on EUR/USD. Over the...