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Gold price forecast: $1,915 in sight for xau/usd ahead of key us data – confluence detector

On the flip side, Fibonacci 61.8% on one-month offers immediate support to the Gold Price near $1,935, a break of which appears to have an open space ...

August 3, 2023, 5:59 am

Technical outlook and review

DXY: The US dollar index (DXY) chart indicates a bullish momentum, suggesting a potential bullish continuation towards the 1st resistance level at 102...

August 3, 2023, 4:55 am

Gold price forecast: xau/usd upside appears limited amid triangle breakdown

Alternatively, Gold buyers will find immediate upside barrier at the 50 DMA of $1,945, above which strong resistance near $1,952 will come into play. ...

August 3, 2023, 4:14 am

Gold price forecast: xau/usd looks set to test $1,935 as us employment clues loom – confluence detector

Our Technical confluence indicator signals that the Gold Price remains well beneath the $1,950 and $1,9...

August 2, 2023, 9:29 am

Gbp/usd price analysis: cable fades us credit downgrade linked bounce, 1.2750 in the spotlight

GBP/USD pares corrective bounce off short-term key support confluence. US credit rating cut triggered Cable’s rebound before the risk-off mood, BoE ...

August 2, 2023, 12:44 am

Aud/usd price analysis: aussie pair extends post-rba losses towards 0.6630 support confluence

Looming death cross, downbeat break of immediate support line favor AUD/USD sellers in aiming 0.6630 key support. Read Full Story at source (may requi...

August 1, 2023, 7:44 am

Gbp/usd bears eye 1.2800 as uk inflation clues test boe hawks, focus on us ism pmi

Although an ascending support line from late May restricts the immediate downside of the GBP/USD pair near 1.2780, the Pound Sterling buyers need vali...

August 1, 2023, 12:44 am

Rising sugar prices could cause an unhappy halloween this year

Sugar prices have risen exponentially this year and could translate into higher candy prices come Halloween. Thanks to a ...

July 31, 2023, 11:46 am

Gold price forecast: xau/usd seesaws within $1,950-70 trading range as nfp week begins – confluence detector

It’s worth noting that Pivot Point one-month R1 and one-week R1, respectively near $1,972 and $1,980, may act as additional upside filters for the G...

July 31, 2023, 6:29 am

Aud/usd recovery approaches 0.6700 on stimulus hopes, ignores mixed china pmi, aussie inflation clues

Unless providing a daily closing beyond the 0.6690 support-turned-resistance confluence comprising the ...

July 31, 2023, 2:29 am

Technical outlook and review

DXY: The U.S. Dollar Index (DXY) exhibits an overall bearish momentum and may potentially see a bearish reaction off the 1st resistance at 101.98, a l...

July 28, 2023, 6:39 am

Gold price forecast: fed inflation clues, $1,975 hurdle prod xau/usd rebound – confluence detector

In a case where the Gold Price drops below $1,944, the bears can quickly touch the Pivot Point one-day S1 surrounding $1,932 before jostling with the ...

July 28, 2023, 6:14 am

Gold price forecast: xau/usd bulls cheer $1,965 breakout ahead of us gdp, ecb – confluence detector

Gold Price (XAU/USD) remains on the front foot for the third consecutive day as bulls cheer a fresh weekly top ahead of some more top-tier data/events...

July 27, 2023, 4:29 am

Gold price forecast: xau/usd dips below $1,985 ahead of pivotal fed decision – confluence detector

Gold Price fades bounce off one-week low amid market’s pre-Fed anxiety, China concerns. China-inspired optimism also dims as fears of Sino-US tussle...

July 26, 2023, 6:14 am

Gold price forecast: xau/usd keeps bounce off $1,950 support confluence with eyes on fed

Federal Reserve Chairman Jerome Powell’s speech will be crucial for Gold buyers as 0.25% rate hike priced in. Read Full Story at source (may require...

July 26, 2023, 12:59 am

Usd/jpy price analysis: drops back towards 140.80 support confluence amid firmer sentiment in asia

RSI’s retreat from overbought area, looming bear cross on MACD prod Yen pair buyers. Read Full Story at source (may require registration) The post U...

July 25, 2023, 3:14 am

Aud/usd fades bounce off 0.6720 support confluence amid bearish options market signals

However, a convergence of the 200-DMA and 21-DMA, around 0.6720 by the press time, restricts the immediate downside of the AUD/USD pair, a break of wh...

July 25, 2023, 1:44 am

Gold price forecast: xau/usd holds $1,970 amid three-week uptrend, central banks eyed – confluence detector

In a case where the XAU/USD slides beneath the $1,965 support, the Fibonacci 23.6% on one-week and Pivot Point one-day S2, around $1,953, will precede...

July 21, 2023, 5:59 am

Aud/usd price analysis: bears approach 0.6730 confluence level on breaking nearby support

The Aussie pair’s latest weakness could be linked to the downside break of the 50-bar Exponential Moving Average (EMA) and a two-week-long rising su...

July 21, 2023, 2:29 am

Gold price forecast: xau/usd looks set to fill price gap below $2,010 – confluence detector

Gold Price (XAU/USD) renews a two-month high, despite recently easing from the daily top, as it cheers the broad US Dollar retreat amid the sluggish m...

July 20, 2023, 5:14 am


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