Generally, the direction is uptrend Uptrend Side: The price is currently in an uptrend and trading above 20,200. At present, it is attempting to break above 20,335. A successful break at this level could lead to a further rise towards 20,485, with an additional move to 20,565 beyond that. Correction: maybe the price fell to make a short correction to around...
The price fluctuates between the resistance level of 2686 and the support level of 2158. It reversed from the 2362 support level, toward 2686. The price is trading above 2,686, and as long as it remains above this level, it will likely attempt to reach 2,686. A break above this level could push the price higher, potentially reaching 2,881. The bullish trend will...
prices eased on Monday, weighed down by a former U.S. dollar, while investors looked out for fresh clues on Federal Reserve interest rate cuts. Generally, the direction is uptrend Uptrend Side: The price needs to reverse and stabilize above 2625 by closing a 1-hour candle. Following this, it is expected to reach the resistance level at 2661. Downtrend Side: The...
Generally, the direction is an uptrend Uptrend Side: If the price can stabilize above 75.47, it is likely to rise to 78.54, and potentially further to 80.56. Correction: Maybe the price rises toward 75.47. Downtrend Side: as long as trade is below 75.47, it will fall more until it touches 73.59 and below it 71.78.
Generally, the direction: is an uptrend Uptrend Side: The price is trading above 125.79, which will support the price to rise more to reach 140.74 and above the new high level of 155.00. Correction: May the price after touching the last high resistance push the price to fall and make a short correction Downtrend Side: if the price trades below 125.79,...
Generally, the Direction is uptrending Downtrend Side: The price should reverse and stabilize below 1.3446 by the close of the 1D candle. Uptrend Side: The price remains stable above 1.3662, providing support for further upward movement towards 1.3736 and beyond. Correction: The price might decline to 1.3446 for a corrective movement before resuming its upward...
Global gold prices rose during today’s trading, Friday, as recent data reinforced expectations of a Federal Reserve interest rate cut next month. Meanwhile, market participants are awaiting the U.S. Producer Price Index report for further guidance. Generally, the direction is an uptrend Uptrend Side: As long as it remains above this level, the target of 2,638 is...
Generally, the direction is a downtrend Uptrend Side: The price is moving cautiously and gradually. Today, we may see an upward movement toward the resistance levels of 20,485 and 2,700. Downtrend Side: Additionally, due to the impact of the CPI, the price may decline below 20,200 and 20,100, eventually reaching 19,990. Tendency Keys: 20200
Global gold prices rose during these moments of trading on Thursday, while traders await the main US inflation data scheduled to be released later today to gauge the future stance of the Federal Reserve's monetary policy. Generally, the direction is a downtrend Downtrend Side: The price is consolidating between the resistance levels of 2,625 and 2,605,...
Generally, the direction is an uptrend Uptrend Side: The bullish trend will remain active as long as trading continues above 147.274, potentially moving toward 150.483 and above 153.927. Downtrend Side: The price should close below 147.274 on a 4-hour candle, followed by a break below 146.200 to confirm the bearish trend. Tendency Keys: 147.274
Generally, the Direction is downtrending Downtrend Side: The price increased to around 1.3545, and a break above this level, especially if confirmed by a 4-hour candle close, is likely to lead to a rise towards 1.3611. Uptrend Side: The price should reverse and stabilize below 1.3446 by the close of the 1D candle. Correction: currently the price is in the...
Gold prices fell in the European market on Wednesday, continuing their losses for the sixth consecutive day, on the verge of touching the lowest level in three weeks, under pressure from the broad rise in the US dollar levels, and the precious metal may lose trading above the psychological barrier at $ 2,600 per ounce. Especially with the increasing chances of...
Generally, the direction is uptrend Uptrend Side: The price increased and reached the resistance level of 20,100 before declining. If it can rise and stabilize above 20,100 with a 1-hour candle, it is likely to rise further, potentially reaching 20,200. Downtrend Side: The bearish trend remains active. Today, the price may rise for a potential correction,...
Gold prices edged lower on Tuesday, pressured by a stronger dollar, while market participants awaited minutes of the Federal Reserve’s last meeting and economic data for further cues on U.S. interest rate path. Generally, the direction is uptrend Uptrend Side: The price is trading above 2,638, indicating a potential move to reach 2,650 or its possibility to...
Generally, the direction is uptrend Uptrend Side: The price should revers and stabilize above 75.47, then rise to reach 78.54 and above it 80.56. Downtrend Side: The price if it can stabilize below the 75.47 by closing the 4H candle will reach 73.59. Tendency Keys: 75.47
EURUSD Generally, the direction is downtrend Uptrend Side: The price is exhibiting negative movement today, having also broken the breakout level and stabilized below it. Currently, the price is expected to decline further towards 1.0948, and a break below this level may lead to a drop towards 1.0841. Correction: may the price make a correction until around the...
Stock futures slipped slightly on Monday morning as Wall Street looks to keep the momentum from Friday’s rally. Generally, the direction is uptrend Uptrend Side: the price should rise and break the resistance of 19990, then stabilize above it to reach 20100. Downtrend Side: The price exhibits a bearish trend toward 19,800, provided it remains below 19,990. If...
Gold prices fell in the European market on Monday, continuing to move in the negative zone for the fourth consecutive day, within the correction cycle and profit-taking from the highest level ever, and under pressure from the broad rise in the levels of the US dollar against a basket of global currencies. As strong labor market data in the United States led to a...