1. Trend Overview Gold (XAU/USD) is currently in a strong and confirmed uptrend, as seen from the ascending price channel. Price continues to follow the rising trendline structure, supported by higher lows and higher highs. Today’s breakout candle is significant—it breached the mid-range resistance, indicating further bullish continuation. 2. Key Technical...
Silver (XAG/USD) daily chart showing an overall uptrend with recent highs and lows. The chart illustrates key support and resistance levels on the daily timeframe.* ## 1. Trend Analysis - **Short-Term Trend (Daily/Weekly):** Silver’s daily chart shows a bullish bias. The metal has been trading in an **upward trajectory**, forming higher lows since early...
Daily chart of the US100 (Nasdaq 100) index showing recent price action and technical indicators. Technical Overview and Key Levels The US100 index (Nasdaq 100) is attempting to rebound after a recent correction. On the daily timeframe, price has climbed back above short-term moving averages (e.g. the 50-day MA around ~19,500) but remains below the longer-term...
This chart provides a 4-hour timeframe analysis of the Gold Spot / U.S. Dollar (XAUUSD) pair, indicating several technical aspects and current market conditions. Price Action and Trend Analysis: Current Trend: The chart shows a recent bearish movement as indicated by the sharp red candle that breaks below the previous consolidation area and moving average lines....