Tag - gold

Gold declined below its 1769 key support area yesterday and posted the lowest level since April 15 around 1755 USD/Oz, which is another support that we should keep an eye on.

The main events of the week are Non-Farm Payrolls (NFP) on Friday and the OPEC meeting on Thursday. Watch the video to get the fresh outlook for currencies, stocks, & commodities for the June 28- July 02 trading week!

The Bank of England held a meeting yesterday. The statement was more dovish than expected: there were no policy changes and no new hints about future rate hikes. After that, GBP/USD dropped to 1.3900.

The Bitcoin “death cross” has occurred: the 50-day moving average has crossed the 200-day moving average upside down, giving a bearish signal. The S&P 500 rallied the most in five weeks!

The week brings us events for the euro, the pound, and the stocks

The US dollar remains strong after Fed Bullard's comments. EUR/USD, GBP/USD, and XAU/USD try to find support and recover. What are the key technical levels? Watch the video to find out!

The Fed made a hawkish surprise! The bank would start a discussion about scaling back bond purchases. Besides, it is likely to make two interest-rate increases by the end of 2023 (sooner than expected)!

Everyone is interested in trading gold (XAU/USD). The meeting of the Federal Reserve at 21:00 MT time (GMT+3) will certainly drive the price.

The day of the Federal Reserve has finally come! What are the technical levels ahead of the meeting? What scenarios are there? Watch the video to get trade ideas for EUR/USD, GBP/USD, USD/JPY, gold, and oil!

Follow the analysis of EUR/USD, USD/JPY, gold, and S&P500

Gold prices tumbled during the first trading day of the week declining to as low as 1844 USD/Oz. However, it was able to trim these losses and closed the day around 1866 USD/Oz.

Discover the outlook for the USD, gold, and oil for June 14-18 . Learn about the upcoming meeting of the Federal Reserve and other things that influence the market!