Category XAUUSD

If we look at the 4-hour chart of the Gold commodity asset, there are several interesting things, namely the appearance of deviations between the movement of the Gold price and the MACD Histogram indicator and the Ascending Broadening Wedge pattern…

A combination of supportive factors helps gold attract buyers for the second consecutive day. The U.S. PCE (Personal Consumption Expenditures) price index data released on Friday showed a modest increase in June inflation, raising expectations for the Federal Reserve to…

Gold is trading around the psychological level of 2,400 and under a strong bearish trend. Yesterday after breaking the symmetrical triangle, the precious metal fell below 2,460, printing a loss of more than $60. So, the metal is expected to…

ایک نئے ریکارڈ سونے کی قیمت تقریباً 2482-2483 ڈالر پر پہنچ گئی۔ خطرے کی موجودہ صورتحال (عالمی اسٹاک مارکیٹوں میں بڑھتے ہوئے اضافے سے ظاہر ہے) قدرے زیادہ خریدے گئے RSI (رشتہ دار طاقت کا اشاریہ) کے درمیان کچھ انٹرا…

XAUUSD D1 technical by Bright Trust Academy perspective, setting a new historical high can be considered a new incentive for bulls. However, to achieve additional profits, caution is advised as oscillators on the daily chart have begun moving into the…

Gold price consolidates strong gains from the previous day. Against the backdrop of rumors about the Federal Reserve lowering interest rates later this year, there is a short-term bias favoring bulls. These expectations were supported by weaker economic data from…

What is Commitment of Traders? The chart above can be used to view the CFTC (Commodity Futures Trading Commission) commitments of traders data (or COT in short) in an easily readable format. The data is published by the CFTC every…

Gold prices (XAU/USD) climbs to a record high near $2,390 during the early Asian session on Friday.👉 The market expectation that the US Federal Reserve (Fed) will cut its benchmark interest rate this year is the main driver for the…