The critical resistance level to watch is $2,350, marking the top of the current trading range. Should gold manage to break above this level, it would signal a significant shift in market sentiment. Moreover, surpassing the $2,350 resistance...
The US labor market data for May turned out to be significantly unexpected – nonfarm Payrolls in the US rose 272,000 in May (forecast was +185,000), average hourly earnings rose by 0.4% (previous month +0.2%), and the labor force decreased by...
Gold Price Signals The behaviour of gold prices is currently our topic. On the first day of the week, gold experienced a pullback towards the resistance level 2321. This pullback was expected at the market's opening, although there was also a chance...
USDCAD H4 The USDCAD pair appears to have entered a bullish trend condition because the EMA 50 successfully crossed SMA 200 perfectly. Apart from that, the crossing of the two Moving Average lines also gave rise to a death cross signal. Most likely...
GBP/USD H-1 Greetings to all forum members! Above the price there is a moving average indicator, as we can see from the chart of this pair, this suggests that it is most profitable to carry out sell transactions, but not to buy. To confirm sales, we...