Gold

GBPUSD rises as recovery goes on As a top performer among G10 currencies, the pound climbs higher as the UK’s reopening gains traction. While concerns over the more contagious variant may not dissipate any time soon, and even if…
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XAUUSD seeks support Gold bounces back as the US dollar retreats ahead of the Fed meeting later today. The price has been treading water above 1790 as the bulls struggle to save the rebound. The dip below the psychological level of…
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XAUUSD dips from supply area Gold struggles to hold onto its gains as the US dollar pushes towards fresh year-to-date highs. The recovery has met stiff selling pressure near 1830, a supply zone from last June’s sell-off. The RSI…
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EURUSD subdued as dovish ECB expected The euro treads water near a twelve-week low as traders await the ECB meeting. The central bank is likely to stress on its recent shift to a less aggressive strategy. By tolerating inflation…
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The XAUUSD formation suggests the development of the final primary part in a large cycle wave V. It is possible that an intermediate wave (5) is being constructed, which takes the form of an ending diagonal consisting of minor sub-waves…
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