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Gold recovered from 2587 but is still in a downtrend only when trading above 2663 will confirm the uptrend again. 2556 becomes the most important support zone next week. Break out of this zone confirms the prolonged slide of Gold will continue. When trading above 2663, Gold will face important resistance at 2724. Pay attention to the support and resistance zones...

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🌐Fundamental Analysis The outlook for the US dollar remains firm after the Fed's rate cut. ECB's Patsalides postponed the prospect of a larger rate cut and advocated gradual policy easing. The US dollar (USD) maintained its strength on Thursday after outperforming its hawkish Federal Reserve (Fed) dot-matrix rivals on Wednesday. Upbeat macroeconomic data from the...

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⭐️Fundamental Analysis Gold prices maintained a buying bias in the first half of the European session on Friday amid prevailing risk-off sentiment. Amid persistent geopolitical risks and trade war concerns, the threat of a US government shutdown prompted some safe-haven flows into bullion. C The Federal Reserve's hawkish signal that it will slow the pace of rate...

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⭐️Fundamental Analysis Gold prices fell sharply due to the impact of the Fed's less dovish outlook. Fed Chairman Powell emphasized cautious policy in the context of ongoing high inflation risks. The Fed forecasts inflation target to reach 2% in the next 1-2 years, indicating slow progress. The latest dot chart shows few interest rate cuts until 2026, stabilizing...

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GBPUSD is currently in a corrective downtrend when encountering the EMA line. The 1.263 and 1.261 zones are important support zones at the moment. A break through this zone will form a long retracement of the pair. On the other hand, the breakout zone of 1.272 still acts as an immediate resistance zone of the pair before touching the old peak around 1.277.

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Waiting for m30 candle to confirm close above 153.600 zone to confirm BUY signal now. BUY USDJPY now 153.600-153.400 ↠  Stoploss  153.200 → Take Profit 1  153.900 → Take Profit 2 154.500 Dow price increased and closed above 2 EMA lines for a nice buy signal.

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Fundamental Analysis Gold prices rose on an overnight rebound from the $2,633 area, or above a one-week low, and attracted some buyers during the Asian session on Wednesday. The rise may have been due to some repositioning ahead of key central bank event risks, although the upside is likely to remain limited as traders may opt to await the outcome of the crucial...

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The correction trend may extend to 1.267 when breaking this zone will soon reach the old bottom around 1.260. The break out resistance zone is still a notable zone today. If breaking this zone, it will confirm the uptrend and head towards 1.278.

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Fundamental Analysis Gold prices traded in a narrow range during European hours on Tuesday and remained near a one-week low touched the previous day. Traders appeared reluctant to signal further interest rate cuts by the Federal Reserve (Fed) before placing any fresh bets. This, in turn, resulted in a range-bound price action for the second consecutive day and...

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Gold has broken the trend and is heading towards the bottom of 2643. Before that, Gold may have some price reaction at the 2650 area. Wish you a successful trading strategy.

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Fundamental Analysis Expectations of a hawkish Fed rate hike next week boosted the US dollar and US Treasury yields on Wednesday, leading to a corrective pullback in gold prices from multi-month highs. US President-elect Donald Trump's tax plan will add to inflation and delay the Federal Reserve's easing policy. Technical Analysis Gold is in a strong bearish...

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After the Nonfarm data is not too positive for the economy and the strength of the USD, gold continues to sideway around 263x. Breaking out of 2624 once more or breaking 2658 once more will show which side will win the market. Scalping can pay attention around 2642 and the 2625 area, the meeting area of ​​the 2 EMA lines and the US session port area. When breaking...

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🌐Fundamental Analysis The Japanese Yen (JPY) struggled to capitalize on the previous day’s modest gains and traded in a narrow range against the US currency in early European trading on Friday. Meanwhile, the short-term bias appears to favor JPY bulls as the more dovish Bank of Japan (BoJ) remains on track to raise interest rates. The British Pound rose sharply...

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Fundamental Analysis Gold prices continued to struggle for a firm near-term direction amid mixed fundamental signals and remained confined within a familiar range in the first half of the European session on Thursday. Persistent geopolitical risks stemming from the worsening Russia-Ukraine conflict, trade war fears, and political unrest in France and South Korea...

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GBPJPY Buy following the trendline confluence with the EMA reaction support zone and the old price rejection zone around 191.100. According to the Elliot wave pattern this is the end of the abc correction wave and the h1 candle closing price reaction shows bullish force. this is a great opportunity for a buy signal

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Fundamental Analysis Gold prices traded in a positive bias for the second consecutive day on Wednesday, despite lacking bullish conviction and remaining confined within the familiar range that has held for the past week or so. Traders appear reluctant at the moment, opting to wait for further signals on the Federal Reserve’s (Fed) interest rate cut path before...

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Fundamental Analysis The focus now appears to have shifted to the Fed policy outlook following the latest speeches from several Fed policymakers and ahead of Friday's Non-Farm Payrolls (NFP) data. Trump threatened to impose 100% tariffs on Brazil, Russia, India, China and South Africa if they create a new currency or support another one to replace the...

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Fundamental analysis Gold prices struggled to capitalize on an intraday rebound from a one-week low of $2,600 and remained low for a second straight day heading into the European session on Tuesday. US President-elect Donald Trump’s tariff threat prompted some safe-haven flows and provided a modest intraday gain for the safe-haven precious metal. However,...