GOLD MARKET ANALYSIS Last Friday (June 7), gold prices fell sharply. Spot gold fell about 3% throughout the day, closing at $2,292.70/ounce, and the lowest intraday price was $2,286.50/ounce, a plunge of $100. Last Friday, gold suffered a sharp...
Good morning. the Pound; the exit from a small sideways trend has indeed formed downward. But yesterday, sellers were unable to maintain their activity from Friday; buyers seized the initiative and began to move the price up. Sellers, in theory,...
Bitcoin technical analysis Daily chart After 4 trading days of relying on the lower red channel line, the Bitcoin price succeeded in breaking the channel today, and this indicates a further decline to the monthly pivot level. The price of Bitcoin...
The Japanese Yen (JPY) remains steady, with Japanese Economy Minister Yoshitaka Shindo announcing on Monday that the government will “continue efforts to achieve a primary balance within surplus territory by FY 2025.” Shindo also expressed optimism,...
H4 Hour Time Frame Outlook: The price of the AUDUSD pair, which is currently still moving below SMA 200 and the pivot point (PP) 0.6621, is making the direction of the bullish trend weaken. The very impulsive price decline due to the NFP data report...