Current Trend: The current trend is neutral. Conclusion: The market currently has a neutral sentiment, with a moderate confidence level. There is a need for closer examination of support and resistance levels to confirm the trend. lets wait see what could be the next scenario may be something bullish trend
💰 Gold price sits at two-week lows below $2,900, awaiting US PCE inflation data. 💵 US Dollar stands tall amid Trump’s tariff threats while US Treasury yields tank on dovish Fed bets. 📊 Gold price finds acceptance below the 21-day SMA at $2,890, but the daily RSI stays bullish. Read Dhwani Mehta's analysis on the next XAU/USD moves ⏬ Its not a financial advise...
GBP/USD holds steady above 1.2600 in European trading on tuesday,helped by a fresh bout of Us Dollor Selling even as markets remain cautious amid trade war fears.Atention turns to BOE chief Economist pill's speech and US consumer Confidence data for further impetus.
EUR/USD is treading water near 1.0400 in European trading on Friday. The pair is undermined by the increased haven demand for the US Dollar amid tariff and geopolitical concerns. Upbeat German Retail Sales and Import Prices data fail to impress the Euro. German and US inflation data awaited.
Entry point 150.150 Stop range 150.500 Target 🎯 range 200pips
GBP/USD remains positively oriented in the 1.2600 neighbourhood as the Greenback is navigating a vacillating range following the PCE inflation release.
Gold has been supporting zone in bullish side direction will move again
Prices may break below key support level,turning them into resistance. Bearish momentum accelerates if gold fails to hold support levels,leading to further declines.
The current market trend for gold is bearish,with prices experiencing a downward movment. The 1_hour charts shows a breakdown bellow the supporting level potential shorting level This not a financial advise,its just a my opinion