Tuesday 04th April 2023: Technical Outlook and Review
Gold has been facing bearish momentum on the chart against the US Dollar, as reflected by the multi-swing high resistance at 1789.00. The overall bias is bearish, and the precious metal could continue to fall towards the first support at 1945.00.
IC Markets Asia Fundamental Forecast | 04 April 2023
IC Markets Asia Fundamental Forecast | 4 April 2023 What happened […]
IC Markets Europe Fundamental Forecast | 03 April 2023
IC Markets Europe Fundamental Forecast | 3 April 2023 What happened […]
Monday 3rd April 2023: OPEC+ shocks markets with output cut; Asian stocks mixed
Global Markets: News & Data: Markets Update: Asian markets were mixed […]
Monday 3rd April 2023: Technical Outlook and Review
Gold (XAU/USD) has been on a bullish trend, with the overall momentum of the chart being bullish. Looking at the chart, the price could potentially make a bullish bounce off the first support and head towards the first resistance.
IC Markets Asia Fundamental Forecast | 03 April 2023
IC Markets Asia Fundamental Forecast | 3 April 2023 What happened […]
IC Markets Europe Fundamental Forecast | 31 March 2023
IC Markets Europe Fundamental Forecast | 31 March 2023 What happened […]
Friday 31th March 2023: Technical Outlook and Review
XAU/USD sees bearish momentum with potential for a bearish reaction off the 1st resistance and a drop towards the 1st support. The 1st support level is at 1936.00, which is an overlap support and coincides with a 38.20% Fibonacci retracement. If price were to break below this level, it could drop towards the 2nd support at 1910.00, which is also an overlap support and lines up with a 50% Fibonacci retracement.
IC Markets Asia Fundamental Forecast | 31 March 2023
IC Markets Asia Fundamental Forecast | 31 March 2023 What happened […]
