USDJPY PRICE FORECAST.. There are multiple technical indicators suggesting resistance for gold in the market. Let me break down the key elements I have mentioned: 1. **Resistance on Trendline:** - If USDJPY is facing resistance on a trendline, this suggests that there is a historical price level that the market has had difficulty surpassing. This could indicate a...
USOIL PRICE FORECAST.. 1. **Following Trendline:** - If the market is following a downward trendline, it suggests a prevailing bearish trend. Traders often pay attention to trendlines for potential reversal or continuation signals. 2. **Red Candle:** - A red candle on a price chart typically represents a bearish or downward movement. If this red candle...
Gold Market Forecast.. There are multiple technical indicators suggesting resistance for gold in the market. Let me break down the key elements I have mentioned: 1. **Resistance on Trendline:** - If gold is facing resistance on a trendline, this suggests that there is a historical price level that the market has had difficulty surpassing. This could indicate a...
Gold Price Forecast: XAUUSD remains poised to reclaim $2020 & $2035 in the US/EU inflation week.. Gold price is off the sixth-month high reached at $2018 early Asia on Monday, consolidating well above the $2000 mark amid a cautious start to a critical week ahead, dominated by the inflation data from the United States (US) and the Eurozone. Gold price eyes $2020...