Gold Price Analysis: Factors Driving the Market Gold's price has been on a rollercoaster ride, hitting five-week highs near $2,725 before turning lower due to various factors impacting the market.
US Energy Information Administration Maintains Forecasts Commerzbank’s commodity analyst Carsten Fritsch highlights that the US Energy Information Administration (EIA) has not made any significant changes to its forecasts regarding crude
The Latest in Oil Prices and Market Trends Oil prices are striving to end the week on a positive note, aiming to close above $70.00. Traders are grappling with the
Gold Price Rebounds After Correction from Five-Week Highs Gold's price bounced back early Friday after correcting from five-week highs of $2,726 on Thursday. The market dynamics driving this movement are
Gold's Bullish Momentum Falters Above $2,700 Gold (XAU/USD) saw a resurgence in the new week, gaining momentum after closing two consecutive weeks in the negative. However, its attempt to stabilize
Trading Signal: Emerging Channel Up on NGC/USD An Emerging Channel Up pattern has been detected on NGC/USD, indicating a potential bullish trend in the near future. The pattern is still
Trading Signal: Our trading signal for today is to go long on EUR/USD. We recommend buying the pair at the current price of 1.1200 with a target of 1.1300 and
Trading Signals: XAUUSD Breakout When analyzing the trading signals for XAUUSD, we have identified a potential breakout through the support line of a Channel Up pattern. This breakout could signal
Trading Signal for NGC/USD Our trading signal for NGC/USD is based on the identification of a triangle pattern that has broken through a support level. The price momentum is currently
Breaking Down the Financial Markets on December 10 RBA Keeps Rates Unchanged The Reserve Bank of Australia (RBA) maintained the Official Cash Rate (OCR) at 4.35%. The RBA expressed confidence