Category: Technical Analysis

Yesterday, GBPUSD price broke the resistance of 1.2610, as well as it hit high of 1.2668. Afterward, it retreated, and the pound closed the day with around 29-pip gain. as…

Gold prices rose in the morning, extending a recent rebound as the dollar retreated in anticipation of more cues on U.S. interest rates, most notably from the minutes of the…

Currently Gold Is trading on uptrend Yesterday it crossed upside the downtrend resistance and still running above it. Yesterday Gold is tried to break above the horizontal resistance of 2023.05…

GBP/USD is trading in running in uptrend channel on 1h TF but it is still below the down trend line, which is showing the small trend of GBPUSD is UP…

Gold has broken the down trend channel in and trading above upper edge of the channel. There are on important events to give energy to Gold and it US bank…

Gold recovered some losses after weak U.S. retail sales data. Bullion prices rose back above the $2,000 an ounce level on Thursday after breaking well below the level earlier in…

Yesterday Gold moved mostly sideways in the range between 1995 to 1986, it is remaining below key support levels as the prospect of higher for longer U.S. interest rates continued…

Gold prices slipped below a key support level in Asian trade on Wednesday after a hotter-than-expected inflation reading for January spurred more fears that the Federal Reserve will keep rates…

Oil prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and eastern Europe, but gains were curtailed as investors reined in expectations for the U.S. Federal…

Markets were now awaiting more cues on the U.S. economy to guide price movements in gold. U.S. inflation data for January, due next week, is expected to offer some direction.…