abr_analysisFx

abr_analysisFx

•Gold price needs to break below the $2,643 area for bears to seize near-term control From a technical perspective, the Asian session low, around the $2,644-2,643 area, coincides with a congestion zone. Some follow-through selling has the potential to drag the Gold price to the $2,625 region en route to the monthly low, around the $2,614 zone and the $2,605-2,600...

abr_analysisFx

As observed on the daily chart, Gold price is battling the 21-day Simple Moving Average (SMA) support at $2,650. The 14-day Relative Strength Index (RSI) is trading flat at around the 50 level, suggesting a lack of clear directional bias at the moment. If Gold buyers flex their muscles, the rebound could test the 50-day SMA at $2,670, above which the $2,700...

abr_analysisFx

Technical Overview! Monday morning & Tuesday afternoon!)

abr_analysisFx

Fundamental Overview Expectations of a hawkish US Federal Reserve (Fed) interest rate next week fuelled a fresh leg higher in the US Dollar and the US Treasury bond yields on Wednesday, unfolding a corrective decline in Gold price from multi-month highs.

abr_analysisFx

Fundamental Overview Expectations of a hawkish US Federal Reserve (Fed) interest rate next week fuelled a fresh leg higher in the US Dollar and the US Treasury bond yields on Wednesday, unfolding a corrective decline in Gold price from multi-month highs.

abr_analysisFx

XAUUSD, 3H- timeframe chart XAUUSD retested the resistance level of 2,756.00 👉Level explanation XAUUSD has been trading in a bullish trend for the last couple of hours. The pair moved up to the resistance level of 2,756.00

abr_analysisFx

Gold price holds above $2,743 amid an overbought RSI  Next move for rewards trade