Gold Bullish Momentum: Forex Market Trends & Federal Reserve Outlook
Market Analysis GOLD Gold prices are experiencing strong bullish momentum after yesterday’s trading session. The MACD remains bullish, showing continued buying interest, while the RSI is nearing overbought levels. Despite this strong upward movement, a retracement could occur ahead of the Federal Reserve’s upcoming rate decision. The direction of the markets will largely depend on […]
Gold Bullish Trend Continues: Forex Market Analysis & Insights
Market Analysis GOLD Gold prices continue their bullish momentum, as expected, with a notable rise reaching $3,000/oz. The price saw increased volume yesterday, continuing upward after consolidating for some time. The MACD reflects this increased buying volume, while the RSI is nearing overbought levels, indicating that a potential retracement could occur before the upward trend […]
Gold Surge: Economic Data & Forex Market Trends Insight
Market Analysis GOLD Gold prices reached a significant peak of $3,000 per ounce last week, surpassing expectations. This surge was fueled by weaker-than-expected consumer confidence data, which contracted to 57.9, below the expected 63.1. This contraction indicates that consumers are losing confidence in the U.S. economy, potentially leading to job losses and an overall slowdown. […]
Gold Hits $3,000: Forex Market Trends & Trading Insights
Market Analysis GOLD Gold prices surged significantly yesterday, reaching the anticipated $3,000 peak. The MACD showed increased bullish movement, alongside the RSI, reflecting continued upward momentum. We expect further buying to continue in the coming days, supported by strong bullish momentum. This rise follows the market’s anticipation of continued weakness in the U.S. dollar, fueling […]
Gold Near Record Highs: USD Weakness & Forex Market Outlook
Market Analysis GOLD Gold prices are experiencing strong bullish momentum, breaking out of consolidation and approaching historic highs. The price rebounded off the EMA200 as expected, signaling strong buying interest. Now, the key question is whether this rally has enough strength to surpass previous record highs. Marex analyst Edward Meir stated, “I think $3,000 is […]
Forex & Gold Market Trends: USD Weakness, Key Levels & Outlook
Market Analysis GOLD Gold prices remain consolidated with no significant directional movement. As expected, the price rebounded from the lower boundary but has yet to break key levels. The ongoing Ukraine-Russia conflict shows signs of de-escalation, which could slow gold’s bullish progression. However, market sentiment remains cautious, and we anticipate potential shifts in the coming […]
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 […]
Trade War Impact: Market Trends & Forex Analysis Update
Market Overview The United States has intensified its trade policies, imposing significant tariffs on imports from Canada, Mexico, and China. This escalation has led to statistical forex analysis revealing increased volatility, as retaliatory actions from these countries contribute to uncertainty in global markets. Canada has announced tariffs on over $100 billion worth of U.S. goods, […]