Eikbaal

Eikbaal

10:30 AM UK Time 16 Dec 2024 Gold prices are inching higher as investors await the Federal Reserve's monetary policy decision later this week. According to ANZ Research analysts, while a rate cut appears certain at this week's Fed meeting, concerns are growing over the possibility of a pause in rate cuts come January. Nonetheless, rising geopolitical tensions...

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Markets are still pricing in a greater chance of a supersized 75 bps Fed rate hike move at the September policy meeting. This remains supportive of elevated US Treasury bond yields, which, in turn, should assist the USD to stall its corrective pullback from a two-decade high touched on Thursday. Apart from this, a bleak outlook for the UK economy further...

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Despite falling on Friday, USD/JPY is about to post the third consecutive weekly gain and the highest close since 1998. The divergence between the Bank of Japan and the Federal Reserve’s monetary policy continues to drive the pair to the upside. At their next meeting, the BoJ is expected to keep the ultra-expansive stance while the Fed is seen raising rates by 50...

Eikbaal

In consolidation since 4 Days and unable to break strong weekly resistance. Likly to push up for next resistance as marked.

Eikbaal

After retracement expect to go to Resistance, so i will be long on Gold

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H4 Bullish trend after 32 % Fab to go along with main trend till next resistance

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Buy

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GBPUSD is Bullish

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Near all time high Resistance Line, will bounce to complete the structure and pull back to resistance

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Sell and Buy opportunity

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Long

Eikbaal Updated 

Will short after apparent retrace to the next level.

Eikbaal

The pair will complete the structure before retracement and possible long later.