Hello fellow Traders, let's dive in and analyze today's gold price movement! Yesterday, after reacting to unexpected news, gold suddenly reversed and dropped in price. The precious metal is currently wrapping up its trading session with prices fluctuating around $3,023, down more than 200 pips compared to the previous session. Gold lost over 1% on Friday,...
Hello traders, glad to discuss gold prices with you today! Yesterday, gold continued its impressive upward trend, reaching new highs after the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve (FED) released its policy statement without any major surprises. Currently, gold remains on its bullish path, trading around $3,050 in the early...
Gold is skyrocketing without brakes, reaching $3,036, making traders as happy as a holiday, while those waiting to buy the dip... can only watch the price soar sadly. 😅 📌 The main reason? The USD is as weak as a soggy cracker, giving gold a perfect chance to break out. Safe-haven sentiment keeps pushing gold higher, and even traders who bought at the top still...
Hey fellow traders, let’s chat and exchange insights on EUR/USD! Today, EUR/USD continues to hold its bullish momentum, moving within an upward price channel on the 1-hour chart. In the short term, the pair remains supported, trading above the EMA 34 and 89, signaling further potential upside. The Euro (EUR) has gained support from progress in peace talks...