XAU/USD Gold gained nearly 1% in the first trading day in 2025, sending initial positive signal that recovery off $2582 (Dec 18/19 higher base) might be picking up. The notion is supported by completion of bullish failure swing pattern on daily chart and breach of important barriers at $2637/42 zone (Fibo 38.2% of $2726/$2582 bear-leg /converged 20/30...
Gold prices on course to end 2024 with a 27% gain, the best yearly performance since 2010. 2025 outlook is positive due to geopolitical risks, central bank buying, and safe-haven demand. Trump administration policies present both risks and opportunities for gold prices. Technical analysis shows potential for further gains, but a deeper correction before reaching...
Today Is Final Day of 2024 Trading; Markets Closed Tomorrow Investors are preparing to take a break from trading with the New Year's Day holiday Wednesday, when both stock and bond markets will be closed. Today, bond markets will close early at 2 p.m. ET. Markets will resume normal trading hours on Thursday for the first trading session of 2025. It's been a...
Gold Steadies as Traders Focus on Uncertain 2025 Rate Path
Gold is booming. So is the dirty business of digging it up
With the holiday season underway, this week may be less volatile than the previous one, which was dominated by central bank decisions. This presents an opportunity to analyse the broader trends and outlook for gold prices in 2025.
'Because gold is honest money it is disliked by dishonest men. '
Price has created a 1H B.O.B that's currently u tested...price need to retest that untested B.O.B before price can continue to fall in the long term
The Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt. The US Core PCE last week came in line with forecasts with the disinflationary progress continuing steady. The labour...
The U.S. dollar, as measured by the DXY index, fell nearly 3% in November, weighed down by the downward correction in U.S. yields triggered by bets that the Federal Reserve has finished raising borrowing costs and would move to sharply reduce them in 2024 as part of a strategy to prevent a hard landing. While some Fed officials have been dismissive of the idea of...
Price are currently making new lowe lows and breaks out the bullish pattern with a proper retest ...price need to come back to retest a B.O.B ...wait for price to retest then you sell
The EURUSD pair provided some bearish bias this morning but it returns to attempt to rise again, to keep the bullish trend scenario valid and active for today, supported by the EMA50, noting that we are waiting to visit 1.1080 as a next main station, while the continuation of the bullish wave depends on the price stability above 1.0860. The expected trading...
In Monday's trading session, the EUR/USD pair is staging a climb, confidently edging northwards and flirting with multi-month highs near the 1.0960 area. The catalyst behind this positive momentum is the USD trading vulnerable while the Euro got a boost after Lagarde’s hawkish words. On the data front, the US reported minor housing data, which saw New Home Sales...
A sharp decline of the US Dollar following US inflation data boosted the EUR/USD. The medium-term outlook for the Euro gains the US Dollar has improved. More US inflation data is due on Wednesday, along with Retail Sales figures.
A sharp decline of the US Dollar following US inflation data boosted the EUR/USD. The medium-term outlook for the Euro gains the US Dollar has improved. More US inflation data is due on Wednesday, along with Retail Sales figures
EUR/USD was on course for a moderate drop on Wednesday, but then reversed course after bouncing off medium-term trendline support. Despite recent price action, the underlying bias remains bearish, but to be confident that the losses will accelerate, the bears need to push prices below 1.0535. Should this scenario unfold, we could see a move towards the 1.0500...
There's a untested Supply area .. Price did leave a 2h Untested B.O.B ... Price need to come back to retest the B.O.B ...if price come into my intrested area. Thats the time to buy
The EURUSD pair trades with clear positivity to attack 1.0485 level and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will stop the expected decline for today and push the price to build bullish wave that targets testing 1.0550 areas as a first positive station, while the price needs to trade below 1.0485 again...