This idea focuses on Gold's short-term potential based solely on technical analysis. If you have a different perspective, please share your thoughts in the comments. --Overview-- Gold has been on a bullish run since the beginning of July, successfully breaking through the $2,450 mark after multiple attempts. However, it is now encountering resistance around...
Over the weekend, the US debt negotiations reached a preliminary agreement to continue to raise the debt ceiling, and this week will vote to approve the preliminary debt ceiling agreement that will raise the US debt ceiling for two years, while setting new limits on spending during this period. The agreement will keep non-defense spending in fiscal 2024 at...
Price is facing bearish pressure where we could see a reversal below our sell entry, EMA is showing signs of beraish pressure as well.
Price is facing bearish pressure where we could see a reversal below our sell entry, EMA is showing signs of beraish pressure as well.
Price is facing bearish pressure from our resistance, in line with our descending trend line, where we could see a reversal below this level to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.