Forex & Gold Market Update: Trends, USD Strength & Key Levels
Market Analysis GOLD Gold prices have dipped below the previous higher low zone, testing support levels. The MACD is showing increased selling volume, while the RSI is reflecting a similar bearish sentiment. This downward movement is driven by market anticipation of upcoming U.S. economic data releases. Despite the pullback, overall price action remains bullish, suggesting […]
Stock & Forex Market Update: US Economy & Trading Insights
Market Overview Key economic releases this week: With rate cuts on hold, attention shifts to the strength of the U.S. economy amid trade war concerns. The question remains: Will Trump’s policies bolster economic growth, or will increasing voter dissatisfaction highlight deeper economic vulnerabilities? To gain insight, we must analyze the stock market’s current performance. As […]
Gold & Forex Market Update: NFP Impact & Trading Insights
Market Analysis GOLD Gold prices remain consolidated throughout the day, showing minor movements. The market seems to be positioning itself for potential gains following the U.S. payrolls report. Before that, there is a possibility of a temporary drop to secure a premium price for future upward movement. A test of the previous higher swing low […]
Market Analysis: Gold, Silver, Forex Trends & USD Strength
GOLD Core inflation last week turned up as expected, reinforcing the Federal Reserve’s stance to hold on rates. As the week progressed, gold prices rebounded, reaching previous support levels and almost testing the lower high. Despite the MACD gaining volume, the RSI has signaled overbought conditions, suggesting that statistical forex analysis indicates short-term selling pressure. […]