Technical Analysis of Gold (H1 Timeframe) Current Price Action and Key Levels The H1 chart for Gold shows the price currently trading at 3270.64, with the session opening at 3280.66 and reaching a high of 3282.95 before dropping to a low of 3270.20....
Gold prices have extended their retreat from the recent record peak of $3,499, initiating this downward move with a noticeable bearish gap on the trading charts. Adding to the bearish technical outlook, a shooting star candlestick pattern has formed...
Moving averages are a popular tool in technical analysis, often used to smooth out price data and identify trends over different periods. When using 20-day and 50-day moving averages, you are typically looking to identify shorter-term and...
ANALYSIS OF GOLD PAIR. Gold prices on the hourly chart are currently exhibiting a transitional phase after a strong prior uptrend, suggesting a critical juncture where market sentiment is being tested. The broader trend remains bullish when...
The USD/CHF currency pair experienced renewed selling pressure during the Asian trading session on Monday, effectively erasing a substantial portion of the modest recovery gains that had been achieved in the preceding trading day. In the final hour...